Daily Market Insight

• Trump announces updated tariffs ahead of deadline • Core PCE picks up in June • BOJ keeps rates unchanged, lifts price outlook • China manufacturing PMI shrinks more than expected in July • Dollar firms on robust US data and weaker yen

• Fed holds rates, no signal of September cut • US GDP surges 3% on improved trade balance • Trump announces trade deal with South Korea at 15% tariff rate • US firms add 104K jobs in ADP report, beating forecasts • Euro Area growth steady despite trade uncertainty • Dollar strengthens on strong GDP and hawkish Fed

• US, China agree to extend tariff truce • US JOLTS Job Openings slip below expectations in June • US consumer confidence climbs, exceeds forecasts • Spain maintains growth amid trade turmoil • Dollar extended gains, supported by ongoing euro weakness

• EU reaches tariff deal with US • Durable goods orders slide less than expected • Tokyo inflation eases but remains above BOJ target • Thailand, Cambodia agree to ceasefire After trade threat, ASEAN push • Dollar rallies on trade deal relief

• US PMI rises in July on strong service sector • The ECB holds rates amid tariff uncertainty • Euro Zone PMIs rise to highest level in 11 months • Thai-Cambodia conflict heats up • Thai exports grow ahead of tariffs but miss forecast • Dollar edges up on data support

• EU signals progress on US trade deal involving 15% tariffs • Japan’s PM Ishiba dismisses resignation reports • Japan’s manufacturing PMI slips into contraction in July • South Korea’s economy recovers amid challenges • The US dollar extended its losses amid improved risk sentiment

• Trump announced a 15% Japan tariff deal • Trump announced 19% tariffs on Philippine and Indonesian imports • Thailand nears deal to cut 36% US export tariff • Thai cabinet picks Vitai Ratanakorn as next central bank chief • The dollar extended its decline against G10 currencies

• Bessent: US not rushing trade deals • Bessent seeks review of Fed HQ renovation • EU steps up retaliation plans • Early Korean exports solid amid US tariff uncertainty • Greenback starts week lower

• Fed Waller says Fed should cut rates in July meeting • US consumer sentiment improves in July • PM Ishiba won’t resign after election defeat • China keeps loan prime rate unchanged in July as expected • The dollar still ended the week higher

• US retail sales surge broadly, exceeding estimates • Trump considering 10%–15% tariffs on over 150 nations • Japan’s core inflation slows but stays above BOJ target • Thailand proposes zero tariffs on 90% of US imports • US dollar rises on strong data