South Korea’s vice finance minister said that the trade deficit is expected to widen in June due to a temporary slowdown in exports.
Australia’s Prime Minister Albanese called on China to remove sanctions on AUD 20 bln worth of exports to China.
Election polls from Japan suggest that the country’s ruling party will maintain majority after the upper house election on July 10.
Japan’s May CPI 0.3% m/m (last 0.4%); 2.5% yr/yr (last 2.5%). May National Core CPI 2.1% yr/yr, as expected (last 2.1%). April Corporate Services Price Index 1.8% yr/yr (last 1.7%)
Singapore’s May Industrial Production 10.9% m/m (expected 2.8%; last 2.1%); 13.8% yr/yr (expected 5.8%; last 6.4%)