Japan Jibun Bank Services PMI came in at 52.2, above expectations (51.8) in June

Ireland AIB Services PMI: 54.2 (June) vs 50.8

Australia S&P Global Composite PMI came in at 50.4, above expectations (49.8) in June

Australia S&P Global Services PMI came in at 50.5, above forecasts (49.9) in June

New Zealand ANZ – Roy Morgan Consumer Confidence: 91.3 (June) vs 86.5

BNY’s Geoff Yu argues that current CNY strength has strategic value as China boosts imports of semiconductors from Japan, South Korea and Taiwan. He notes that renminbi gains versus NA-3 (JPY, KRW ve TWD), USD and EUR weaken any U.S./EU case on Chinese currency undervaluation.

UOB’s Global Economics & Markets Research highlights that Thailand’s external buffers remain credible, but current-account dynamics have turned less favorable. Apr–May deficits reflect strong imports of energy and capital goods alongside resilient exports, reducing domestic value-added.

South Korea FX Reserves climbed from previous 426.99B to 427.36B in June

BNY’s report underscores heavy selling in South Korean semiconductor stocks and warns, via the OECD’s 2026 survey, that Korea’s reliance on chip exports heightens exposure to global tech-cycle swings.

Argentina Tax Revenue (MoM) dipped from previous 21513B to 20017B in June

Commerzbank’s Charlie Lay and Dr. Henry Hao report that China’s private manufacturing PMI eased slightly to 51.7 but still delivered the strongest quarter in nearly six years, with official PMIs also beating expectations.

United Overseas Bank’s (UOB) Quek Ser Leang notes USD/SGD closed at 1.2960 after a volatile session, with intraday swings between 1.2938 and 1.2975. For the coming day, he expects the pair to stay confined within a narrow 1.2935–1.2975 band.

Societe Generale’s Dev Ashish expects a drawn-out USMCA negotiation process rather than agreement expiry, highlighting comments from Mexican and US officials that downplay irreconcilable differences.

BNY’s Geoff Yu notes that clients have largely capitulated on Japanese Yen (JPY) and South Korean Won (KRW) longs as these currencies stay weak versus US Dollar (USD) and Chinese Yuan (CNY).

TradingKey - 동부 시간 7월 2일, 두 번 연속으로 노동 시장 지표가 예상보다 부진하게 발표된 이후, 또 다른 연방준비제도(Fed·연준) 인사는 현재의 긴축적인 통화정책 기조가 인플레이션을 점진적으로 낮출 것이라고 밝혔다.오늘 발표된 미국의 6월 비농업 고용 건수는 5만 7,000건 증가하며 시장 예상치인 11만 3,000건을 크게 밑돌았고, 4

ING’s Carsten Brzeski analyses a new German government reform package focused on cutting red tape, increasing labour market flexibility, and capping healthcare and pension costs to restore competitiveness.

United States 4-Week Bill Auction fell from previous 3.61% to 3.605%

Commerzbank’s Bernd Weidensteiner notes that weaker US employment data for June and downward revisions to prior months reduce pressure on the Federal Reserve to hike rates at the late-July meeting.

DBS Group Research economist Radhika Rao notes that Indonesia’s onshore FX and bond markets have stabilised following a correction in global Oil prices, though gains are modest.

United States EIA Natural Gas Storage Change above expectations (81B) in June 26: Actual (87B)

Bank of England (BoE) policymaker Catherine Mann said on Thursday that an “activist move” may be needed if inflation expectations and outcomes move unfavorably, according to a speech text released by the BoE ahead of an event hosted by French bank Natixis.

UOB economists Enrico Tanuwidjaja and Sathit Talaengsatya see Thailand’s 2Q26 starting stronger than feared, driven by exports and technology-linked investment, but with domestic demand still weak.

Rabobank strategist Michael Every highlights how Fed Chair Warsh and other major central bankers at Sintra are signalling a structural shift away from traditional forward guidance towards data-driven “framework guidance.” Every stresses that evolving AI, new inflation measures and reduced public tou

United States Factory Orders (MoM) came in at -1.3%, above expectations (-1.8%) in May

Societe Generale’s Dev Ashish argues that the US decision to opt for annual USMCA reviews instead of a 16-year extension prolongs policy uncertainty for Mexico while leaving near-term trade flows intact.

Canada S&P Global Manufacturing PMI up to 53 in June from previous 52.9

Commerzbank’s Bernd Weidensteiner highlights that US nonfarm payrolls rose only 57,000 in June, far below consensus, with prior months revised down by 74,000. Monthly job growth has been slowing and the six-month average is expected to turn lower.

TradingKey - 미국 독립기념일 연휴의 영향으로 당초 금요일 발표 예정이던 6월 비농업 고용보고서가 목요일로 앞당겨 발표된 가운데, 결과는 시장의 예상을 크게 뛰어넘으며 의외로 냉각된 것으로 나타났다.데이터에 따르면 6월 미국의 비농업 신규 고용은 5만 7,000명 증가하는 데 그쳐 시장 예상치인 11만 3,000명의 절반 수준에 머물렀으며, 지난

ING strategists Benjamin Schroeder and Michiel Tukker discuss how a potential increase in the Minimum Reserve Requirement (MRR) by the ECB could tighten Eurozone liquidity and reduce ECB losses.

Russia Central Bank Reserves $ dipped from previous $743.8B to $715.2B