Daily Market Insight

• U.S. inflation eases to 3.0% in June • Japan households' inflation expectations rise, keep pressure on BOJ • China's export slide to steepen in June, imports seen down • US dollar stumbles, drops to more than one-year low as inflation eases in June

• US wholesale inventories revised up in boost to second-quarter GDP • UK wage growth matches record high but job market shows signs of cooling • Japan's wholesale inflation slows for 6th straight month • Dollar dives to two-month low, pound scales 15-month peaks on wage growth data

• US wholesale inventories revised up in boost to second-quarter GDP • Euro zone investor mood tumbles more than expected in July • China's deflation pressure builds as consumer prices falter • US dollar drops to three-week low as Fed rate hikes nearly done

• U.S. economy adds 209,000 jobs in June • U.S. service sector picks up in June; inflation gradually slowing • Euro zone retail sales flat in May, still down year-on-year • Dollar slips as US job growth slows in June, yen jumps

• U.S. factory orders miss expectations in May • Euro zone business activity contracts in June • Thai headline inflation at 22-month low, but central bank may hike rate further • Dollar gains after Fed minutes reinforce rate hike expectations

• Japan's service activity maintains firm pace as demand picks up • South Korea consumer inflation hits 21-month low • Hong Kong May retail sales rise 18.4%, sees support from local consumption • Spread between 2- and 10-year Treasuries at deepest inversion since ‘81

• US Manufacturing Activity Shrinks by Most in Three Years • UK year-ahead inflation expectations rise to 5% • Improving Japan business mood signals steady economic recovery • Dollar little changed after ISM data, yen below 145 threshold

• US consumer spending hits speed bump; inflation picture mixed • Euro zone inflation falls again in June as energy prices tumble • Chinese manufacturing activity grows at slower pace in June • Yen tentative, dollar soft as traders weigh Fed rate hike path

• US weekly jobless claims post biggest drop in 20 months as economy shows stamina • Tokyo CPI inflation grows less than expected in June, remains sticky • Chinese manufacturing PMI shrinks for third straight month in June • Dollar index hits two-week high as data boosts Fed hike expectations

• US goods trade deficit narrows; retail inventories rise • Australian retail sales beat expectations, hit 6-month high in May • China's industrial profits tumble, deepening economic gloom • Dollar strengthens after ECB conference, yen stays soft