UK July preliminary manufacturing and services PMI readings due in 10 minutes.

Capital Economics Asia chief economist Marcel Thieliant said preliminary July PMIs indicate Japan’s economy has continued to shrug off the energy-cost shock and remains resilient, pointing to a sharp acceleration in inf. The composite PMI rose to 53.1 in July from 52.8, a four-month high, consistent with GDP running roughly 1.5% above trend. Thieliant flagged the improvement is hard to reconcile with softer services and manufacturing PMIs and suggested stronger demand for AI-related products may explain the surprise.

【欧洲央行调查显示通胀总体前景保持不变，预计2028年回归2%目标】欧洲央行周五公布的一项调查显示，欧元区通胀预期过去三个月基本保持不变，预计物价涨幅将在明年快速回落，并于2028年重返2%的目标水平。通胀是欧洲央行的首要关注点，受能源成本飙升影响，近几个月来通胀率一直维持在3%左右。不过，多数经济学家认为，通胀可能已接近见顶，并将在2027年某个时候逐步回落至目标水平附近。这项调查是欧洲央行政策讨论的重要参考依据。调查显示，今年通胀率预计平均为2.7%，与此前预测持平；2027年通胀预估则由2.1%上调至2.2%。调查还显示，通胀将在2028年达到2%，并维持在该水平。