China's 10-year government bond yield rose to around 1.72% on Tuesday, rebounding from a near one-month low in the previous session as stronger-than-expected PMI data eased concerns about the country's economic outlook, reducing demand for safe-haven assets.China's Composite PMI edged up to a six-m…
The dollar index climbed to around 101.2 on Tuesday and was on track for a second straight monthly advance, supported by expectations that the Federal Reserve will implement multiple interest rate hikes this year.The index has gained more than 2% so far this month, putting it on course for its stro…
The offshore yuan weakened to around 6.79 per dollar in June, reversing two consecutive months of gains as a stronger US dollar and a series of softer-than-expected daily fixings from the People's Bank of China weighed on the currency.The dollar strengthened as investors priced in higher-for-longer…
The People's Bank of China (PBoC) injected CNY 69.5 billion through seven-day reverse repos on Tuesday, while keeping the interest rate unchanged at 1.4%, according to an official statement.The central bank also conducted overnight reverse repo operations for a second straight day, offering CNY 600…
The Reserve Bank of Australia’s June 15–16 meeting minutes underscored persistent concern that inflation remains well above target, with underlying pressures expected to intensify in the June quarter.Policymakers noted widespread labor cost strains and weak sentiment among households and businesses…
Silver fell toward $57 an ounce on Tuesday toward its lowest levels in seven months, and was on track for a sharp monthly drop amid Middle East uncertainties and expectations that the US Federal Reserve will raise interest rates this year.The precious metal has declined more than 23% this month and…
Gold weakened below $4,000 an ounce on Tuesday to its lowest levels in nearly eight months, and was on track for a fourth consecutive monthly decline amid Middle East uncertainties and expectations that the US Federal Reserve will raise interest rates this year.The precious metal has declined more…
Australia’s private sector credit rose by 0.7% month-over-month in May 2026, matching the growth recorded in both March and April and slightly exceeding market expectations of a 0.6% rise.Housing credit, which accounts for 62% of total private credit, increased by 0.5%, easing from a 0.6% gain in t…
The Shanghai Composite slipped 0.5% to 4,053 on Tuesday, while the Shenzhen Component rose 0.8% to 15,943, delivering a mixed performance despite stronger-than-expected PMI data.China's Composite PMI edged up to a six-month high of 50.6 in June from 50.5 in May.Manufacturing PMI rose to 50.3 from 5…
The Hang Seng Index slipped 0.9%, or 206 points, to 22,819 on Tuesday, giving back part of the previous session’s gains as investors turned cautious despite continued policy support from Beijing.Sentiment remained subdued after China’s central bank conducted overnight reverse repo operations to mai…
New Zealand’s ANZ Business Outlook Index surged to 36.6 in June 2026 from 10.0 in the previous month, marking the highest reading since February.Firms’ own activity outlook strengthened sharply (36.9 vs 25.6 in May), though past activity eased (9.0 vs 14.8) amid oil price shocks tied to Middle East…
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…
The benchmark KOSPI edged lower to around 8,380 on Tuesday, extending losses for a third straight session, amid continued profit-taking following the recent AI-driven rally and record foreign selling.Foreign investors dumped a record KRW 7.7 trillion worth of local equities in the previous session…
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.
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…
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…
US gasoline prices dipped below $2.90 per gallon, mirroring the decline in crude oil as markets turned their attention to prospects for US-Iran peace talks, though uneven messaging from both sides kept uncertainty elevated.Iran’s Deputy Foreign Minister Kazem Gharibabadi also said Tehran would move…
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…
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…
