Next Week's Memo
June 29, 2026 (Monday)
Japan May Retail Sales Year-on-Year | Forecast: Up 0.5% | Previous Value: Revised to Up 2.8%
Japan May Retail Sales Month-on-Month | Forecast: Up 0.1% | Previous Value: Revised to Up 2.1%
India May Industrial Production Year-on-Year | Forecast: Up 3.6% | Previous Value: Up 4.9%
UK May Bank of England Mortgage Approvals | Forecast: 63,000 | Previous Value: 65,900
UK May Mortgage Loan Balance | Previous Value: Net Increase of £4.4 billion
UK May Consumer Credit Balance | Forecast: Net Increase of £1.7 billion | Previous Value: Net Increase of £1.9 billion
UK May M4 Money Supply Year-on-Year | Previous Value: Up 4.5%
UK May M4 Money Supply Month-on-Month | Previous Value: Up 0.2%
Eurozone M3 Money Supply Year-on-Year | Forecast: Up 2.7% | Previous Value: Up 2.7%
Eurozone June Economic Sentiment Index | Forecast: 94.5 | Previous Value: 93.5
Eurozone June Industrial Sentiment Index | Forecast: -7 | Previous Value: -8
Eurozone June Services Sentiment Index | Forecast: 3 | Previous Value: 2.2
Eurozone June Consumer Confidence Index Final Value | Initial Value: -17.7
US June Dallas Fed Manufacturing Activity Index | Previous Value: 0.4
Earnings: CHINA WATER (00855.HK), Capital Strategy Real Estate (00497.HK), Global Chinese Business Club (01757.HK), Tsugami Machine Tool China (01651.HK)
First Day Listing: CREALIGHTS (01191.HK), Bai Ge Online (02672.HK), Libang Pharmaceutical-B (09637.HK)
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June 30, 2026 (Tuesday)
Reserve Bank of Australia Releases Monetary Policy Meeting Summary
New Zealand June ANZ Business Confidence | Previous Value: 10
Australia May Private Sector Loan Month-on-Month | Forecast: Up 0.6% | Previous Value: Up 0.7%
Australia May Private Sector Loan Year-on-Year | Previous Value: Up 8%
South Korea May Industrial Output Year-on-Year | Forecast: Up 4% | Previous Value: Up 1.5%
South Korea May Seasonally Adjusted Industrial Output Month-on-Month | Forecast: Up 0.4% | Previous Value: Down 0.7%
Japan May Unemployment Rate | Forecast: 2.5% | Previous Value: 2.5% Japan May Job Openings to Applicants Ratio | Forecast: 1.18 | Previous: 1.18
Japan May Industrial Production MoM Preliminary | Forecast: Increase 0.1% | Previous: Increase 0.5%
Japan May Industrial Production YoY Preliminary | Forecast: Increase 1% | Previous: Increase 2%
Japan May New Housing Starts YoY | Forecast: Increase 31.9% | Previous: Increase 11.4%
Japan May Annualized New Housing Starts | Forecast: 730,000 units | Previous: 724,000 units
China June Official Manufacturing PMI | Forecast: 50.1 | Previous: 50
China June Official Non-Manufacturing PMI | Forecast: 49.9 | Previous: 50.1
UK Q1 GDP QoQ Final | Forecast: Increase 0.6% | Initial: Increase 0.6%
UK Q1 GDP YoY Final | Forecast: Increase 1.1% | Initial: Increase 1.1%
UK Q1 Current Account | Forecast: Deficit £21.3 billion | Previous: Deficit £18.392 billion
France May Household Consumption MoM | Previous: Decrease 0.5%
France May Household Consumption YoY | Previous: Decrease 0.4%
France June Harmonized HICP MoM Preliminary | Forecast: No change | Previous: Increase 0.1%
France June Harmonized HICP YoY Preliminary | Forecast: Increase 2.4% | Previous: Increase 2.8%
France June CPI MoM Preliminary | Forecast: No change | Previous: Increase 0.1%
France June CPI YoY Preliminary | Forecast: Increase 2.1% | Previous: Increase 2.4%
France May PPI MoM | Previous: Decrease 2.1%
France May PPI YoY | Previous: Increase 2.1%
Italy May PPI MoM | Previous: Increase 0.1%
Italy May PPI YoY | Previous: Increase 8.8%
Italy June Harmonized HICP YoY Preliminary | Previous: Increase 3.2%
Italy June Harmonized HICP MoM Preliminary | Previous: Increase 0.3%
Italy June CPI YoY Preliminary | Forecast: Increase 3.1% | Previous: Increase 3.2%
Italy June CPI MoM Preliminary | Previous: Increase 0.4%
Germany June Seasonally Adjusted Unemployment Change | Forecast: Increase 7,500 | Previous: Decrease 12,000
Germany June Seasonally Adjusted Unemployment Rate | Forecast: 6.4% | Previous: 6.3%
Germany June CPI MoM Preliminary | Forecast: Increase 0.1% | Previous: Decrease 0.2%
Germany June CPI YoY Preliminary | Forecast: Increase 2.7% | Previous: Increase 2.6%
Germany June Harmonized HICP MoM Preliminary | Forecast: Increase 0.1% | Previous: Decrease 0.1%
Germany June Harmonized HICP YoY Preliminary | Forecast: Increase 2.7% | Previous: Increase 2.7% Germany May Import Price Index MoM | Previous: Up 1.2%
Germany May Import Price Index YoY | Previous: Up 5.3%
Germany May Retail Sales MoM | Forecast: No change | Previous: Revised to no change
Germany May Unadjusted Retail Sales YoY | Previous: Revised to down 2.3%
Canada April GDP MoM | Forecast: Up 0.4% | Previous: Down 0.1%
Canada April GDP YoY | Forecast: Up 0.7% | Previous: Up 0.4%
US April FHFA House Price Index MoM | Previous: Up 0.1%
US April S&P/CS 20-City Composite Home Price Index YoY | Previous: Up 0.83%
US June Chicago PMI | Previous: 62.7
US June Conference Board Consumer Confidence Index | Forecast: 94.3 | Previous: 93.1
US May JOLTs Job Openings | Forecast: 7.275 million | Previous: 7.618 million
Earnings: Nike (NKE.US); China Wangwang (00151.HK), Emperor Entertainment Hotel (00296.HK), Cafe de Coral (00052.HK), Guofu Quantum (00290.HK)
First Day Listing: Bright Smart (03774.HK), True Health Medical-B (02697.HK), Life Harmony (03952.HK), Sturgeon Technology (06715.HK), Jiangxi Biological (06915.HK)
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July 1, 2026 (Wednesday)
China Mainland, Hong Kong, Canada Market Holiday
Australia May S&P Manufacturing PMI Final | Initial: 51.2
Australia May Building Approvals MoM | Forecast: No change | Previous: Down 3.4%
Japan Q2 Tankan Large Manufacturing Conditions Index | Forecast: 16 | Previous: 17
Japan Q2 Tankan Large Manufacturing Outlook Index | Forecast: 13 | Previous: 14
Japan Q2 Tankan Large Non-Manufacturing Index | Forecast: 36 | Previous: 36
Japan Q2 Tankan Large Non-Manufacturing Outlook Index | Forecast: 29 | Previous: 29
Japan Q2 Tankan Large All Industry Capital Expenditure | Forecast: Up 10.8% | Previous: Up 3.3%
Japan June S&P Manufacturing PMI Final | Initial: 54.9 Japan June Consumer Confidence Index | Forecast: 34.1 | Previous: 33.6
South Korea June Trade Balance: | Forecast: Surplus of USD 33.083 billion | Previous: Surplus revised to USD 27.036 billion
South Korea June Year-on-Year Export | Forecast: Up 60.6% | Previous: Revised to up 53.4%
South Korea June Year-on-Year Import | Forecast: Up 23.9% | Previous: Revised to up 20.7%
South Korea June S&P Manufacturing PMI | Previous: 54.8
China June RatingDog Manufacturing PMI | Forecast: 52 | Previous: 51.8
China June RatingDog Services PMI | Forecast: 53.5 | Previous: 54.4
China June RatingDog Composite PMI | Previous: 54
Macau June Year-on-Year Gambling Revenue | Previous up 6.7%
Taiwan June S&P Manufacturing PMI | Previous: 56.1
Vietnam June S&P Manufacturing PMI | Previous: 52.8
India June HSBC Manufacturing PMI Final Value | Initial Value: 54.5
India June HSBC Services PMI Final Value | Initial Value: 57.3
India June HSBC Composite PMI Final Value | Initial Value: 57.4
UK June Nationwide House Price Index Month-on-Month | Previous: Down 0.6%
UK June Nationwide House Price Index Month-on-Month | Previous: Up 1.7%
UK June Manufacturing PMI Final Value | Forecast: 53.1 | Initial Value: 53.1
Switzerland May Real Retail Sales Year-on-Year | Previous: Up 1.6%
Switzerland June Manufacturing PMI | Forecast: 56 | Previous: 57.3
Italy June Manufacturing PMI | Previous: 52.9
France June Manufacturing PMI Final Value | Initial Value: 50.7
Germany June S&P Manufacturing PMI Final Value | Previous: 50
Eurozone June Manufacturing PMI Final Value | Forecast: 51.3 | Initial Value: 51.3
Eurozone June HICP Year-on-Year Initial Value | Forecast: Up 3.1% | Previous: Up 3.2%
Eurozone June HICP Month-on-Month Initial Value | Forecast: Up 0.3% | Previous: Up 0.1%
Eurozone June Core Inflation Year-on-Year Initial Value | Forecast: Up 2.6% | Previous: Up 2.6%
US June Challenger Job Cuts | Previous: 97,000
US Last Week MBA Mortgage Applications | Previous: Up 1%
US June ADP Employment Change | Forecast: 118,000 | Previous: 122,000
US June S&P Manufacturing PMI Final Value | Initial Value: 55.7
US June ISM Manufacturing PMI | Forecast: 53.8 | Previous: 54 U.S. May Construction Spending MoM | Previous Value: Up 0.4%
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July 2, 2026 (Thursday)
New Zealand May Building Permits MoM | Previous Value: Up 10.9%
Australia May Trade Balance: | Forecast: Surplus AUD 2.2 billion | Previous Value: Surplus AUD 1.791 billion
South Korea June CPI MoM | Forecast: Up 0.1% | Previous Value: Up 0.5%
South Korea June CPI YoY | Forecast: Up 3.2% | Previous Value: Up 3.1%
Japan June Base Money YoY | Previous Value: Down 12.2%
Switzerland June CPI YoY | Forecast: Up 0.5% | Previous Value: Up 0.6%
Switzerland June CPI MoM | Forecast: Up 0.1% | Previous Value: Up 0.2%
Hong Kong May Retail Sales Value YoY | Previous Value: Up 8.6%
Eurozone May Unemployment Rate | Forecast: 6.3% | Previous Value: 6.3%
Italy May Unemployment Rate | Previous Value: 5.1%
U.S. June Non-Farm Payroll Change | Forecast: Increase 115,000 | Previous Value: Increase 172,000
U.S. June Unemployment Rate | Forecast: 4.3% | Previous Value: 4.3%
U.S. Initial Jobless Claims Last Week | Forecast: 220,000 | Previous Value: 215,000
U.S. May Factory Orders MoM | Previous Value: Up 4.8%
U.S. May Durable Goods Orders MoM Final | Initial Value: Down 4.5%
Canada June S&P Manufacturing PMI | Previous Value: 52.9
First Day Listing: Anker Innovations (00668.HK)
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July 3, 2026 (Friday)
U.S. Independence Day Holiday Market Closed
Australia May S&P Composite PMI Final | Initial Value: 49.8 Australia May S&P Services PMI Final Value | Initial Value: 49.9
New Zealand June ANZ Consumer Confidence | Previous Value: 86.5
South Korea June Foreign Exchange Reserves | Previous Value: USD 426.99 billion
China June RatingDog Services PMI | Previous Value: 54.4
Japan June S&P Services PMI Final Value | Initial Value: 51.8
Japan June S&P Composite PMI Final Value | Initial Value: 52.5
Singapore June S&P PMI | Previous Value: 56.7
Vietnam June CPI Year-on-Year | Previous Value: Up 5.6%
Vietnam June Trade Balance | Previous Value: Deficit USD 5.21 billion
Vietnam June Industrial Added Value Year-on-Year | Previous Value: Up 8.8%
India June Composite PMI Final Value | Previous Value: 57.4
France May Industrial Output Month-on-Month | Forecast Value: Down 0.3% | Previous Value: Up 0.1%
France May Industrial Output Year-on-Year | Forecast Value: Up 3.1% | Previous Value: Up 2.8%
France May Manufacturing Output Month-on-Month | Previous Value: Up 0.4%
France May Manufacturing Output Year-on-Year | Previous Value: Up 2.5%
France June S&P Services PMI Final Value | Initial Value: 47.4
France June S&P Composite PMI Final Value | Initial Value: 47.6
Italy June Services PMI | Previous Value: 49.4
Italy June Composite PMI | Previous Value: 50.4
Italy May Retail Sales Month-on-Month | Previous Value: No Change
Italy May Retail Sales Year-on-Year | Previous Value: Up 1.6%
Germany June S&P Services PMI Final Value | Initial Value: 46.8
Germany June S&P Composite PMI Final Value | Initial Value: 48
Eurozone June Services PMI Final Value | Forecast Value: 48.9 | Initial Value: 48.9
Eurozone June Composite PMI Final Value | Initial Value: 49.5
UK June Services PMI Final Value | Forecast Value: 49 | Initial Value: 48.7
UK June Composite PMI Final Value | Initial Value: 49.4
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July 4, 2026 (Saturday)
Performance: HuiCong Group (02280.HK)
