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

Rabobank's Senior FX Strategist Jane Foley outlines her baseline view on Bank of England (BoE) policy, citing softer United Kingdom (UK) Consumer Price Index (CPI), lower Oil prices and a slack labour market.

United States S&P/Case-Shiller Home Price Indices (YoY) came in at 1.1%, above forecasts (0.9%) in April

United States Housing Price Index (MoM) came in at -0.1% below forecasts (0.2%) in April

United States Redbook Index (YoY) climbed from previous 10% to 10.5% in June 26

Canada Gross Domestic Product (MoM) above forecasts (0.4%) in April: Actual (0.5%)

National Bank of Canada's (NBC) Taylor Schleich and Vy Le note that United States (US) growth expectations remain healthy, with GDP projected to expand above 2% in 2026, but they see a less benign inflation outlook.

OCBC strategists Sim Moh Siong and Christopher Wong highlight that the Pound (GBP) remains resilient to local political developments and fiscal risks, supported by foreign inflows into gilts and the Bank of England’s (BoE) reluctance to ease policy amid resilient growth and disinflation.

Annual inflation in Germany, as measured by the change in the Consumer Price Index (CPI), softened to 2.3% in June's flash estimate from 2.6% in May. This print came in below the market expectation of 2.5%. On a monthly basis, the CPI declined 0.3% following the 0.2% decrease recorded in May.

South Africa Trade Balance (in Rands) down to -1.79B in May from previous 15.16B

Nordea strategists examine EUR/DKK trading at its weakest level since the Euro’s introduction and argues Nationalbanken may have quietly shifted its de facto intervention band.

Italy Consumer Price Index (MoM) came in at 0% below forecasts (0.1%) in June

Italy Consumer Price Index (YoY) below expectations (3.1%) in June: Actual (3%)

Italy Consumer Price Index (EU Norm) (YoY) meets expectations (3.1%) in June

Italy Consumer Price Index (EU Norm) (MoM) fell from previous 0.3% to 0.1% in June

Greece Producer Price Index (YoY) rose from previous 12.8% to 13.5% in May

Greece Retail Sales (YoY): -0.1% (April) vs previous 3%