Swiss Franc steadies as easing safe-haven demand weighs on US Dollar.Swiss Franc steadies as easing safe-haven demand weighs on US Dollar

China Trade Balance USD came in at $105.43B, above forecasts ($92.1B) in May.China Trade Balance USD came in at $105.43B, above forecasts ($92.1B) in May

China Imports (YoY) came in at 27.4%, above forecasts (25%) in May.China Imports (YoY) came in at 27.4%, above forecasts (25%) in May

China's May trade data beat forecasts as exporters rush orders, ride AI wave.China's exports picked up pace in May, as earlier front-loading by overseas buyers to pre-empt Gulf war energy costs fed through to shipments, while steady appetite ​for semiconductors and AI hardware lent additional support.

Twin relief from oil and dollar to prop up rupee at open.The Indian rupee is likely to strengthen at Tuesday's open, aided by cooling oil prices following a pause in ​Iran-Israel hostilities, which in turn pressured the dollar.

Australia NAB Business Confidence Lifts From Deep Lows as RBA Tightening Bites.Australia's NAB Business Confidence Index improved from -23 to -14 in May, recovering from extremely weak levels as concerns over the economic fallout from the Middle East conflict eased. However, confidence remained firmly negative, highlighting ongoing caution among businesses despite signs that the economy has avoided a more severe slowdown.

Canadian Dollar bounces off late March low vs softer USD; weak Oil prices cap gains.Canadian Dollar bounces off late March low vs softer USD; weak Oil prices cap gains

Australian Westpac Consumer Sentiment Falls Back Near Record Lows as Cost-of-Living Pressures Intensify.Australian consumer sentiment deteriorated in June, with the Westpac-Melbourne Institute Consumer Sentiment Index falling -2.9% month-on-month from 83.0 to 80.6. The decline reversed much of May's recovery and left confidence back among the weakest levels recorded in the survey's fifty-year history, highlighting the growing strain on households from higher living costs and rising interest rates.

British Pound consolidates around mid-1.3300s vs USD; upside potential seems limited.British Pound consolidates around mid-1.3300s vs USD; upside potential seems limited

Australia business confidence improves in May but stays deeply negative.The modest confidence improvement offers slim comfort for RBA watchers given the index remains firmly negative across all industries and profitability is the weakest sub-component relative to its long-run average. The drop in capacity utilisation below 82%, the first such reading since early 2025, is consistent with an economy losing momentum and adds to the case for the RBA to maintain an easing bias.

Dollar hovers around two-month high as Iran-Israel truce hangs in balance.The U.S. dollar held near a two-month high on Tuesday, firming against ​most major peers as Middle East uncertainty curbed risk appetite and traders ramped up bets on ‌a Federal Reserve rate hike later this year.

Australia National Australia Bank's Business Conditions unchanged at 3 in May.Australia National Australia Bank's Business Conditions unchanged at 3 in May

Australia National Australia Bank's Business Confidence up to -14 in May from previous -24.Australia National Australia Bank's Business Confidence up to -14 in May from previous -24

China car sales fall 22% in May as oil prices crush petrol demand.The data reinforces the structural shift underway in the world's largest auto market, with high oil prices accelerating the transition away from internal combustion vehicles faster than the headline sales decline might suggest. The record 62.9% NEV share and 54% of exports being new-energy vehicles signals that Chinese manufacturers are using the domestic downturn to sharpen their export-oriented EV proposition.

Japan economy minister says he hopes BOJ works closely with government on policy.Japan's Economic Revitalisation Minister Minoru ​Kiuchi said on Tuesday he hoped the ‌Bank of Japan works closely with the government to durably achieve its 2% inflation target.

Japan's Katayama: Stance unchanged, prepare for decisive measures.Japan's Katayama: Stance unchanged, prepare for decisive measures

WTI edges lower to near $89.50 as Iran, Israel agree to halt attacks.WTI edges lower to near $89.50 as Iran, Israel agree to halt attacks

Japan's Kiuchi hopes BoJ will keep cooperating with government on fighting deflation.Japan's Kiuchi hopes BoJ will keep cooperating with government on fighting deflation

Euro weakens below 1.1550 on Middle East uncertainty ahead of ECB rate decision.Euro weakens below 1.1550 on Middle East uncertainty ahead of ECB rate decision

Japan Money Supply M2+CD (YoY) climbed from previous 2.3% to 2.5% in May.Japan Money Supply M2+CD (YoY) climbed from previous 2.3% to 2.5% in May

Israel's Netanyahu says war with Iran, Hezbollah isn't over after Tehran says it's halting strikes.Israel's Netanyahu says war with Iran, Hezbollah isn't over after Tehran says it's halting strikes

UK retail sales surge in May with biggest annual rise since April 2025.The sharp rebound in both BRC and Barclays data will offer some near-term relief for UK consumer sentiment readings, but the underlying picture remains cautious. Spending growth of 0.8% annually remains well below the 3% inflation rate, meaning real consumer purchasing power is still being eroded.

South Korea Gross Domestic Product Growth (YoY) came in at 3.8%, above forecasts (3.6%) in 1Q.South Korea Gross Domestic Product Growth (YoY) came in at 3.8%, above forecasts (3.6%) in 1Q

South Korea Gross Domestic Product Growth (QoQ) registered at 1.8% above expectations (1.7%) in 1Q.South Korea Gross Domestic Product Growth (QoQ) registered at 1.8% above expectations (1.7%) in 1Q

New Zealand Manufacturing Sales increased to 3.6% in 1Q from previous -0.5%.New Zealand Manufacturing Sales increased to 3.6% in 1Q from previous -0.5%

The British Pound Sterling has the best rate in the G7 and the chart of a laggard.The British Pound Sterling has the best rate in the G7 and the chart of a laggard

Japanese Yen ignores every reason it has to strengthen.Japanese Yen ignores every reason it has to strengthen

South Korean Won: Policy support and equity rebalancing – BBH.South Korean Won: Policy support and equity rebalancing – BBH

Australian Dollar leans on a China prop that's quietly buckling.Australian Dollar leans on a China prop that's quietly buckling

Chinese Yuan: Neutral within 6.7620–6.7980 band versus US Dollar – UOB.Chinese Yuan: Neutral within 6.7620–6.7980 band versus US Dollar – UOB