Reply To: Traders Market Weekly: Inflation, Disinflation or Deflation


Japan’s Manufacturing PMI slipped back into contraction after one month of expansion.

Japan’s June Manufacturing PMI 49.8, as expected (last 50.6).
Q2 Tankan All Big Industry Capex 13.4% (expected 10.1%; last 3.2%).
Q2 Big Manufacturers Outlook Index 9 (expected 5; last 3)
Q2 Large Non-Manufacturers Index 23 (expected 22; last 20)

The Bank of Japan announced that the frequency and size of its bond purchases will not change in Q3.
Japan and the EU are reportedly discussing a broadening of their maritime, cyberspace, and supply chain security cooperation. The Reserve Bank of Australia is expected to raise its cash rate by 25 bps to 4.35% overnight.