Daily Market Insight

• Middle east tensions intensify as US and Iran exchange fresh strikes • French and German inflation confirm continued disinflation • Katayama signals domestic investment drive, supporting yen • SK hynix raises record USD 26.5bn in Nasdaq debut • BoT signals limited scope for further rate cuts • Dollar holds steady amid mixed middle east signals

• Oil declines despite fresh US-Iran attacks as markets price in de-escalation • IMF cuts 2026 Global growth forecast to 3.0% as middle east conflict weighs on outlook • ECB sees inflation staying above target for longer • China’s reflation momentum shows signs of peaking • Dollar weakens as geopolitical developments drive market sentiment

• Geopolitical risks surge as US-Iran tensions intensify • Fed minutes echo hawkish tone as officials differ on economic outlook • RBNZ delivers expected rate hike, maintains hawkish bias • BOT sees stronger growth as key to policy normalization • Dollar eases despite rising middle east tensions

• Geopolitical tensions back in the spotlight • Inflation expectations rise while Fed maintains flexible policy stance • Political events add to European market uncertainty • S&P Dow Jones flags Indonesia for potential frontier market downgrade • Dollar strengthens on rising geopolitical tensions and higher treasury yields

• Oil trades lower amid limited geopolitical developments • US ISM services remain healthy despite moderating momentum • Waller says inflation risks now outweigh labour market concerns • Eurozone data are largely in line with expectations • Thailand inflation eases, supporting BoT’s hold stance • US dollar reverses lower despite hawkish Waller remarks

• Hormuz shipping recovers, security risks persist • Eurozone composite PMI returns to expansion • Japan wage growth tops 5% for third straight year • China private services PMI beats forecast despite slight easing • Dollar posts weekly loss after weak payrolls

• Oil trades sideways as markets await further US-Iran talks • US NFP miss expectations, signalling gradual labour market cooling • Lagarde defends ECB’s June rate hike • Canada, Philippines agree to sign trade deal this year • Dollar falls broadly as payrolls miss expectations

• Warsh offers no new hawkish signals • US data signals slower but resilient economy • Eurozone inflation slows more than expected as oil retreats • China private manufacturing PMI grows slightly below expectations in June • Dollar holds firm ahead of US payrolls, though gains fade after Warsh

• Oil eases amid cautious wait for US-Iran talks • Mixed US economic data keep labor market in focus • Eurozone inflation continues to ease as Germany, France surprise to the downside • China PMI improves, but recovery remains uneven • Thailand manufacturing softens amid weak auto production • Dollar trades mixed ahead of key US payrolls report

• US-Iran deliver conflicting messages on Doha talks • The US Supreme Court rejects Trump's effort to fire Lisa Cook • Spanish inflation unexpectedly holds well above ECB target • South Korea unveils KRW 800tn AI and semiconductor investment plan • Thailand unveils expansionary FY2027 budget • Dollar eases as risk-on mood outweighs inflation concerns