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China official manufacturing PMI 50.3 in June vs 50.1 expected and 50.0 in May, remaining above the 50.0 expansion threshold.

2026-06-30

China official manufacturing PMI 50.3 in June vs 50.1 expected and 50.0 in May, remaining above the 50.0 expansion threshold.

Other News
2026-06-30

CITIGROUP strategists led by David Chew say US tech stocks face further downside as positioning remains elevated: the Nasdaq-100's pullback this month was not matched by a reduction in exposure, leaving long positions still materially larger than sho

CITIGROUP strategists led by David Chew say US tech stocks face further downside as positioning remains elevated: the Nasdaq-100's pullback this month was not matched by a reduction in exposure, leaving long positions still materially larger than shorts and roughly 80% of longs currently underwater. The team warns risk is skewed toward losing long positions, which could amplify downward pressure. AI valuation doubts have triggered tech selling, with large-cap US techs leading and the Nasdaq-100 down about 2% this month and on track for its worst June since 2022. Goldman Sachs prime-brokerage data show hedge funds sharply cut US tech exposure last week, with absolute and relative net selling at the highest levels in over a decade. CITIGROUP also flags bearish flows in the Nasdaq-100 and S&P 500 and a rotation into the Russell 2000.
2026-06-30

Bank of Japan board member Ayano Sato: Core CPI data is not very strong, but wholesale inflation is relatively strong, so it is necessary to take all kinds of data into account.

Bank of Japan board member Ayano Sato: Core CPI data is not very strong, but wholesale inflation is relatively strong, so it is necessary to take all kinds of data into account.
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