Australia's APRA Publishes Findings Of Inaugural System Risk Stress Test
Australia's APRA:
Australia's APRA:
US President Donald Trump will temporarily lift duties on phosphate fertilizer from Morocco as the administration seeks to support a struggling farm economy and address consumer concerns about food inflation, according to Bloomberg.
China’s official NBS Non-Manufacturing PMI rose to 50.2 in June 2026 from 50.1 in May, beating expectations of a fall to 49.9 and signalling stabilisation.The construction index edged up to 49.0, while services rose to 50.4, supported by strong activity in telecommunications, internet software and…
China's non-manufacturing activity expanded for a second month in June, an official survey showed on Tuesday.The non-manufacturing purchasing managers' index (PMI), which includes services and construction, rose to 50.2 from 50.1 in May, according to the National Bureau of Statistics (NBS).The NBS…
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China’s official NBS Manufacturing PMI increased to 50.3 in June 2026 from 50.0 in the previous month, surpassing market expectations of 50.1.It was the fourth consecutive month of expansion in factory activity, supported by accelerated output growth (51.4 vs 51.2 in May), while new orders expanded…
China’s NBS Composite PMI Output Index edged up to 50.6 in June 2026 from 50.5 in the prior month, marking the highest reading since last December.It was also a fourth straight month of growth in overall business activity.
China's factory activity returned to expansion in June, an official survey showed on Tuesday, driven by strong high-tech manufacturing exports linked to the AI boom, even as shipments of other goods remained weak alongside subdued domestic demand.The official purchasing managers' index (PMI) rose t…
Philippine exports rose 7.6% year-on-year to USD 7.9 billion in May 2026, following a 7.2% increase in the previous month.Electronic products, which accounted for 54.6% of total exports, increased 11.9%, driven by stronger shipments of semiconductors (+11.5%), consumer electronics (+167.2%), office…
China's central bank conducted overnight reverse repo operations again on Tuesday, offering 600 billion yuan ($88.3 billion) to financial institutions, it said in an online statement, without disclosing the borrowing cost.The People's Bank of China (PBOC) also said it injected 69.5 billion yuan thr…
The yen was pinned at levels not seen since 1986 on Tuesday, stoking worries that a direct intervention from Tokyo was around the corner, while the dollar backed away from 13-month highs ahead of jobs data that could influence the US rate outlook.The yen weakened to 162.27 per dollar in early tradi…
The Philippines’ trade deficit widened to USD 5.5 billion in May 2026 from USD 3.6 billion in the same month a year earlier.This marked the second-largest trade gap in over a year, behind only April’s reading, as imports jumped 21.9% year-on-year to USD 13.4 billion, driven by a sharp increase in p…
Producer prices in the Philippines rose by 2.9% year-on-year in May 2026, accelerating from an upwardly revised 2.6% in the previous month.It marked the highest reading since March 2023, driven primarily by a faster increase in prices for the manufacture of computer, electronic, and optical product…
Gold fell over 1% on Tuesday and was set for a fourth straight monthly decline, as uncertainty in the Middle East gave way to expectations of U.S. interest rate hikes to tame inflation.FUNDAMENTALS* Spot gold TVC:GOLD declined 1.5% to $3,957.74 per ounce by 0112 GMT and was set for a monthly fall o…
Philippine imports climbed by 21.9% year-on-year to USD 13.4 billion in May 2026, following an upwardly revised 27.3% rise in the previous month.The increase was largely driven by a 93.3% jump in electronic products, mainly semiconductor components (+125.8%), followed by electronic data processing…
The Japanese yen weakened beyond 162 per dollar on Tuesday to its lowest level since 1986, raising concerns among policymakers and keeping investors alert for potential currency intervention by Tokyo.The yen remained under pressure as the wide interest rate gap between Japan and the US persisted, w…
Oil prices held an advance prior to the expected US-Iran talks in Doha.Brent traded above $73 a barrel after rising 1.8% in the previous session. Meanwhile, West Texas Intermediate was near $70 a barrel.Iran’s Deputy Foreign Minister Kazem Gharibabadi said Tehran would continue with plans to overse…
The maximum illustrated rate used in sales materials for dividend-paying life insurance products in China will be lowered to 3.5% from 3.9% starting July 1, according to 36Kr. Insurers must complete filing changes for products showing rates above 3.5% by June 30, or submit them for delisting.As the…
CITIC Securities said in a research note that in the second half of 2026, China’s economy will be reshaped by spillover effects from an AI-related capital expenditure cycle and imported inflation, according to 36Kr. The brokerage said exports are likely to remain strong while domestic demand stays…