Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Australian Pension Funds Boost Currency Hedging as Aussie Dollar Strengthens 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence 
U.S. Stock Futures Rise as Markets Brace for Jobs and Inflation Data 
Industrial production in China strengthened in June, beating market estimates, along with the country’s upbeat gross domestic product data that carves out a positive outlook for the Chinese economy in the near term.
Industrial production grew 6.2 percent year-on-year in June, from a 6 percent pace in May, and against the median forecasts among economists that growth would moderate to 5.9 percent, data released by the National Bureau of Statistics showed Friday. The value-added industrial output stands to represent a rough proxy for economic growth.
Moreover, industrial output rose 0.47 percent on a monthly basis in June, compared to 0.45 percent rise in May. However, the construction activity indicator failed to match the median forecast by economists for a gain of 9.3 percent.
Of late, the gross domestic product that beat market expectations, has also injected hopes into the economy, buoyed by stimulus measures from the government and the central bank helped shore up demand. The second quarter GDP growth rose 1.8 percent q/q, against expectation of 1.6 percent, from 1.1 percent in the last quarter.
Meanwhile, China’s retail sales grew 10.6 percent in June y/y, compared to 10.0 percent in May and a median forecast for a 9.9 percent rise in June.
