China Factory PMI Seen Returning to Growth in June as AI Export Demand Supports Economy 
Gold Price Hits Annual Low as Fed Rate Hike Bets and Sticky Inflation Weigh on Bullion 
China Expands Export Controls, Adds 20 Japanese Companies to Restricted List 
Gold Prices Drop as Fed Rate Outlook and Iran Tensions Weigh on Market 
Japan Targets 1%+ Real Economic Growth With ¥370 Trillion Investment Plan 
Wall Street Futures Rise Ahead of JOLTS Data, Nike Earnings, and U.S.-Iran Talks 
Asian Currencies Stay Range-Bound as Investors Eye China Data, RBNZ Outlook and U.S.-Iran Ceasefire 
World Bank Approves $1.1 Billion Emergency Funding for Bangladesh Amid Food and Energy Price Pressures 
RBA Minutes Signal Australia Central Bank Remains Ready to Raise Interest Rates if Inflation Persists 
China Manufacturing PMI Edges Higher in June as Exports and AI Investment Boost Growth 
Oil Prices Rise as US-Iran Tensions Threaten Strait of Hormuz Oil Shipments 
Dollar Slips Ahead of Key U.S. Jobs Data as Fed Rate Outlook, ECB, and Iran Talks Shape Forex Markets 
Global Financial Firms Shift Asia Expansion Focus to South Korea as China, India Face Caution 
US Dollar Slips After PCE Inflation Data as Fed Rate Hike Expectations Stay Elevated 
Central Banks Eye Gold, Reduce Dollar Exposure as AI Adoption Accelerates: OMFIF Survey 
China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations 
Gold Price Falls as Fed Rate Hike Fears and U.S.-Iran Tensions Weigh on Bullion 
European stocks remained flat on Tuesday as gains in defence stocks balanced losses in the technology sector, which faced pressure from escalating U.S.-China tensions over semiconductor restrictions.
The pan-European STOXX 600 inched up 0.07% as of 0816 GMT. Technology stocks were the biggest laggards, dropping 0.9%, amid reports that the U.S. plans to tighten semiconductor export restrictions on China. Semiconductor giants STMicroelectronics and ASML slid 1.4% and 1.6%, respectively, while AI-exposed stocks Schneider Electric and Siemens Energy lost 1.3% and 2.2%.
Consumer goods leader Unilever saw its shares drop 3% after announcing CEO Hein Schumacher will step down, to be replaced by CFO Fernando Fernandez.
On the other hand, the European aerospace and defence sector surged over 1%, driven by reports that Germany’s potential new chancellor, Friedrich Merz, is in talks to approve €200 billion ($209.44 billion) in defence spending. German arms manufacturers Rheinmetall, Hensoldt, and Renk climbed 2.6%, 2.5%, and 6.1%, respectively.
Industrial conglomerate Thyssenkrupp soared 6% after its CEO confirmed plans for a shareholder meeting ahead of a warship division spin-off.
Investors remain cautious as geopolitical tensions and economic uncertainty continue to drive market fluctuations.
