China – June Trade Balance
Exports rose 5.8% year-on-year, beating expectations, as exporters rushed to ship goods before new U.S. tariffs.
Imports increased 1.1% year-on-year, recovering slightly from a previous drop.
Trade surplus expanded to $114.7 billion from $103.2 billion in May.
Takeaway: Export strength is driven by temporary factors. Weak imports still point to fragile domestic demand.
Japan – May Core Machinery Orders & Capacity Utilisation
Core machinery orders (a key CapEx gauge) fell 0.6% month-on-month — a softer decline than expected.
Orders were still up 4.4% year-on-year.
Broader machinery orders (including volatile sectors) rose 3.8% month-on-month.
Takeaway: Capital spending is holding up, but investment is uneven. Manufacturing remains cautious amid external uncertainties.
ECB – Vujčić & Cipollone Speeches
Vujčić: Inflation is near target; further rate cuts may not be needed unless data changes. He supports a patient approach.
Cipollone: Focused on the digital euro, stressing the need for secure and inclusive payment systems.
Takeaway: The ECB is moving into a “wait-and-see” mode. The digital euro remains a strategic priority.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Exports rose 5.8% year-on-year, beating expectations, as exporters rushed to ship goods before new U.S. tariffs.
Imports increased 1.1% year-on-year, recovering slightly from a previous drop.
Trade surplus expanded to $114.7 billion from $103.2 billion in May.
Takeaway: Export strength is driven by temporary factors. Weak imports still point to fragile domestic demand.
Japan – May Core Machinery Orders & Capacity Utilisation
Core machinery orders (a key CapEx gauge) fell 0.6% month-on-month — a softer decline than expected.
Orders were still up 4.4% year-on-year.
Broader machinery orders (including volatile sectors) rose 3.8% month-on-month.
Takeaway: Capital spending is holding up, but investment is uneven. Manufacturing remains cautious amid external uncertainties.
ECB – Vujčić & Cipollone Speeches
Vujčić: Inflation is near target; further rate cuts may not be needed unless data changes. He supports a patient approach.
Cipollone: Focused on the digital euro, stressing the need for secure and inclusive payment systems.
Takeaway: The ECB is moving into a “wait-and-see” mode. The digital euro remains a strategic priority.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.