Group 1 - The Eurozone's economic sentiment index for July is reported at 95.8, exceeding the expected value of 94.5 [1] - The industrial sentiment index for July stands at -10.4, which is better than the anticipated -11 [1]

Group 1 - The Eurozone economic sentiment index for June is reported at 94, which is below the expected 95.1 and slightly above the previous value of 94.8 [1]

Group 1 - The Eurozone's economic sentiment index and industrial sentiment index for June are set to be released shortly [1]

Economic Data and Events - Japan's unemployment rate for May will be released at 07:30 [1] - France's preliminary CPI for June will be announced at 14:45 [1] - Eurozone's industrial and economic sentiment indices for June will be published at 17:00 [1] - Federal Reserve's Williams will host a meeting at 19:30 [1] - The U.S. will report May's core PCE price index year-on-year, personal spending month-on-month, and core PCE price index month-on-month at 20:30, along with Canada's April GDP month-on-month [1] - Federal Reserve's Harker and Governor Cook will participate in an event at 21:15 [1] - The final consumer sentiment index from the University of Michigan for June and the one-year inflation expectations will be released at 22:00 [1] - The total number of oil rigs in the U.S. for the week ending June 27 will be reported at 01:00 the next day [1]

Group 1 - Key Point 1: European Central Bank President Lagarde will deliver a speech at 02:30 [1] - Key Point 2: Japan's unemployment rate for May will be released at 07:30 [1] - Key Point 3: France's preliminary CPI for June will be announced at 14:45 [1] Group 2 - Key Point 1: Eurozone's industrial confidence index for June will be published at 17:00 [1] - Key Point 2: Eurozone's economic confidence index for June will also be released at 17:00 [1] - Key Point 3: Federal Reserve's Williams will host a meeting at 19:30 [1] Group 3 - Key Point 1: Canada's GDP monthly rate for April will be reported at 20:30 [1] - Key Point 2: U.S. core PCE price index year-on-year for May will be released at 20:30 [1] - Key Point 3: U.S. personal spending monthly rate for May will be announced at 20:30 [1] Group 4 - Key Point 1: U.S. core PCE price index monthly rate for May will be published at 20:30 [1] - Key Point 2: Federal Reserve's Harker and Governor Cook will attend an event at 21:15 [1] - Key Point 3: U.S. University of Michigan consumer confidence index final value for June will be released at 22:00 [1] Group 5 - Key Point 1: U.S. one-year inflation expectations final value for June will be announced at 22:00 [1] - Key Point 2: Total U.S. oil rig count for the week ending June 27 will be reported at 01:00 the next day [1]

Global Asset Performance - Global stock markets mostly declined last week, while commodity prices generally increased. The Nikkei 225 rose by 1.50%, emerging market stock index increased by 0.05%, S&P 500 fell by 0.15%, developed market stock index decreased by 0.30%, Shanghai Composite Index dropped by 0.51%, and Hang Seng Index fell by 1.52% [1][3] - Commodity prices saw significant increases, with IPE Brent crude futures up by 2.85%, S&P-Goldman Commodity Index rising by 2.30%, South China Commodity Index increasing by 2.29%, and COMEX copper up by 1.74%. However, London gold spot price decreased by 1.91% [1][3] - In the bond market, domestic 10Y government bond futures prices rose by 0.30%, and the total price index of China bonds increased by 0.16%. The 10-year U.S. Treasury yield fell by 3 basis points to 4.38% [1][3] Economic Indicators in the U.S. - U.S. industrial output fell both year-on-year and month-on-month in May 2025, with a year-on-year growth rate of -0.13% compared to 0.55% in the previous month, and a month-on-month growth rate of -0.21% compared to -0.10% [6][10] - The industrial capacity utilization rate in the U.S. decreased to 77.43%, while the manufacturing capacity utilization rate slightly increased to 76.73% [6] - The Philadelphia Fed Manufacturing Index for June remained unchanged at -4.0, showing improvement from April's -26.4 [8] - New private housing starts in the U.S. fell by 4.56% year-on-year in May, and retail and food service sales also declined by 3.29% year-on-year [10] Inflation and Monetary Policy - The Federal Reserve maintained its interest rate target range at 4.25%-4.5% during the June meeting, marking the fourth consecutive meeting without a change. However, inflation expectations have increased, with the Fed lowering its economic growth forecasts for 2025 and 2026 [24] - The European Central Bank (ECB) indicated that its anti-inflation measures are nearly complete, with a cautious stance on future rate cuts, although market expectations suggest a potential rate cut later in the year [25] - The Bank of Japan decided to keep its policy rate unchanged at around 0.5% and will slow the pace of bond purchase reductions starting in the fiscal year 2026 [26]

Group 1 - Domestic refined oil prices are set to enter a new round of adjustment window [1] - The Bank of Japan will announce its interest rate decision [1] - The Bank of Japan Governor Kazuo Ueda will hold a press conference at 14:30 [1] Group 2 - The IEA will release its monthly oil market report at 16:00 [1] - Germany's ZEW economic sentiment index for June will be published at 17:00 [1] - The Eurozone's ZEW economic sentiment index for June will also be released at 17:00 [1] Group 3 - The U.S. will report May retail sales month-on-month and May import price index month-on-month at 20:30 [1] - U.S. industrial production month-on-month for May will be reported at 21:15 [1] - The NAHB housing market index for June and April business inventories month-on-month will be released at 22:00 [1] Group 4 - The Bank of Canada will publish the minutes of its monetary policy meeting the next day [1] - The U.S. API crude oil inventory for the week ending June 13 will be reported at 04:30 the next day [1]

Group 1 - The US President Trump has decided to abandon the threat of imposing a 50% tariff on EU imports starting next month, which led to a temporary drop in gold prices to around $3323, but buying support and geopolitical tensions between Russia and Ukraine helped gold prices recover, closing at $3337.93 per ounce on Monday [1] - On Tuesday morning, spot gold showed slight gains, trading around $3340.70 per ounce [2] - The US dollar index fell to 98.55 on Monday, marking a new low since April 29, which also provided support for gold prices [4] Group 2 - The trade negotiation window between the US and EU is set to last until July 9, with EU Commission President von der Leyen indicating a willingness to act swiftly and decisively in negotiations, contingent on Trump returning to the original 90-day negotiation period [6] - ECB President Lagarde stated that Trump's erratic policies present a unique opportunity to strengthen the euro's international status, suggesting that European decision-makers are looking to leverage the situation to enhance the euro's position [7] - A recent study by the German Economic Institute indicates that Trump's proposed tariffs could lead to a cumulative loss of €200 billion for the German economy from 2025 to 2028, potentially increasing to €250 billion if the EU implements reciprocal measures [8]

Group 1 - The Eurozone's economic sentiment index for May is reported at 94.8, exceeding the expected value of 94 [1] - The industrial sentiment index for May stands at -10.3, slightly better than the forecasted -10.5 [1]

Core Insights - The Eurozone Economic Sentiment Index for May is reported at 94.8, surpassing the expected value of 94 and the previous value of 93.6 [1] Economic Indicators - The current index of 94.8 indicates a positive shift in economic sentiment compared to the previous month [1] - The increase from 93.6 to 94.8 represents a growth of 1.2 points, reflecting improved economic conditions in the Eurozone [1]