Caixin services PMI. China, 03:45 (GMT+2) 01 Jul

01Jul.202502:45

Caixin services PMI. China, 03:45 (GMT+2)

At 03:45 (GMT+2), the Caixin Services PMI for June is due, based on a survey of purchasing managers of non-manufacturing enterprises. It assesses their attitude to the current economic situation and its prospects for further development. It may rise from 48.3 points to 49.0 points, supporting the national currency.

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01 Jul. 2025 00:50

Tankan sentiment index for large manufacturers and non-manufacturing companies. Japan, 01:50 (GMT+2)

At 01:50 (GMT+2), the Q2 Tankan sentiment index for large companies is due. The indicator is published quarterly by the national Department of Research and Statistics based on a survey of managers of large companies in the manufacturing and non-manufacturing sectors. The survey assesses economic parameters such as business conditions, supply and demand, production and sales, price levels, income, employment, investment, and tax conditions. The sentiment index of large manufacturers is likely to fall from 12.0 points to 10.0 points, and that of non-manufacturing companies from 35.0 points to 34.0 points, putting pressure on the yen.

01 Jul. 2025 06:00

Household confidence. Japan, 07:00 (GMT+2)

At 07:00 (GMT+2), Japan will publish the June household confidence index, calculated by assessing a survey of about 5.0K respondents and predicting consumer spending, which is part of economic activity in the reporting month. It may change from 32.8 points to 31.8 points, putting pressure on the yen.

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