South Korea S&P Global Manufacturing PMI down to 52.1 in June from previous 54.8

Japan Jibun Bank Manufacturing PMI came in at 54.8 below forecasts (54.9) in June

The Bank of Japan’s (BoJ) Tankan survey of business sentiment surged significantly past market forecasts in the manufacturing sector. Japan’s Tankan Large Manufacturing Index climbed to 22 in the second quarter (Q2) from 17 in the previous reading, stronger than the market expectation of 16.

Ireland AIB Manufacturing PMI dipped from previous 55.9 to 54.9 in June

US President Donald Trump has held multiple conversations in recent days with Defense Secretary Pete Hegseth and Chairman of the Joint Chiefs of Staff Gen.

OCBC’s Christopher Wong observes that USD/SGD has slipped, tracking broader USD moves as risk sentiment tentatively stabilised. Bullish momentum on the daily chart has faded and RSI has fallen, leaving risks skewed to the downside.

Japan Tankan Non - Manufacturing Outlook came in at 28 below forecasts (30) in 2Q

Japan Tankan Large Manufacturing Outlook above forecasts (13) in 2Q: Actual (17)

Japan Tankan Large All Industry Capex: 11.5% (2Q) vs 3.3%

Japan Tankan Non - Manufacturing Index registered at 37 above expectations (35) in 2Q

Japan Tankan Large Manufacturing Index came in at 22, above expectations (16) in 2Q

OCBC’s Christopher Wong suggests Asian FX may find a breather if USD momentum fades, with much Fed hawkishness and US data resilience already priced in. Contained Oil prices should ease external balance and inflation concerns for net Oil importers.

Mexico Fiscal Balance, pesos: -176.15B (May) vs previous -37.148B

Australia S&P Global Manufacturing PMI registered at 51.5 above expectations (51.2) in June

Ireland Consumer Confidence increased to 62.2 in June from previous 59.4

United Overseas Bank’s (UOB) Quek Ser Leang notes that USD/SGD has lost upside momentum after briefly breaching support at 1.2925, shifting the short-term bias to neutral.

MUFG’s Michael Wan points to the People’s Bank of China’s new overnight liquidity tool, implicitly set at 1.25%, as a step in refining China’s interest rate framework.

DBS Group Research economist Chua Han Teng upgrades Singapore’s Gross Domestic Product (GDP) outlook, noting that Singapore’s economy has remained resilient to renewed geopolitical shocks from the Middle East conflict.

Christopher Wong at OCBC notes USD/THB’s recent rebound is running into interim resistance around 33.40 after a sharp move higher. Bank of Thailand officials attribute THB weakness mainly to broad USD strength and Thai equity outflows, while signalling readiness to manage excessive FX moves.

Bank of England (BoE) Governor Andrew Bailey said in comments to CNBC that policymakers have time to assess how higher energy prices may feed through into the United Kingdom (UK) economy, while noting that financial conditions have already tightened.

Royal Bank of Canada (RBC) economist Abbey Xu notes that Canadian Gross Domestic Product (GDP) rose 0.5% in April, beating Statistics Canada’s 0.4% advance estimate and marking the strongest monthly gain since July 2025.

Beth Hammack, President of the Federal Reserve (Fed) Bank of Cleveland, told CNBC on Tuesday that the United States (US) economy remains resilient. The labor market is near full employment, and growth still looking solid.

Colombia National Jobless Rate declined to 8% in May from previous 8.8%

TD Securities’ macro team led by Oscar Munoz expects headline US Nonfarm Payrolls to slow to 80k in June, with 55k private and 25k government jobs, marking a return to breakeven job growth. The Unemployment Rate is forecast to edge down to 4.2% as participation slips.

ING’s Michiel Tukker and Benjamin Schroeder argue that reduced Oil sensitivity in rates and lingering uncertainty should prevent a strong dovish turn from the ECB.

Nordea’s Senior Macro and FX Strategist Sara Midtgaard notes that the Norwegian Krone (NOK) weakened in June, with EUR/NOK peaking near 11.35, but now sees limited further upside.

Commerzbank’s Barbara Lambrecht notes that the LMEX index remains under pressure even as China’s manufacturing PMI edges above 50, supporting Copper via AI-driven exports.

US consumer sentiment gains terrain in June, as the Conference Board’s Consumer Confidence Index rises to 91.2 from May’s 90.6 (revised from 93.1).

United States JOLTS Job Openings registered at 7.594M above expectations (7.3M) in May

United States Chicago PMI came in at 56.7 below forecasts (58.1) in June