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NATO allies signed a $50 billion defense industry deal in Ankara.

2026-07-07

NATO allies signed a $50 billion defense industry deal in Ankara.

Other News
2026-07-07

Capital Economics senior Asia-Pacific economist Abhijit Suriya says slower May wage growth is unlikely to deter further Bank of Japan tightening. Preliminary data showed Japan's cash earnings growth slowed to 3.2% YoY in May from 3.6% in April. Suriy

Capital Economics senior Asia-Pacific economist Abhijit Suriya says slower May wage growth is unlikely to deter further Bank of Japan tightening. Preliminary data showed Japan's cash earnings growth slowed to 3.2% YoY in May from 3.6% in April. Suriya said core/base wage indicators remain well above their 2025 average and at historically high levels, and that the print is unlikely to alter the BOJ's view that the labor market remains tight. Capital Economics maintains its forecast that the BOJ will raise rates to 2% by end-2027.
2026-07-07

By the morning session close, China’s main futures contracts were mixed. Container freight to Europe plunged over 5%; red dates, Shanghai silver and glass fell more than 2%; lithium carbonate slipped about 2%; live hogs, platinum and coated paper wer

By the morning session close, China’s main futures contracts were mixed. Container freight to Europe plunged over 5%; red dates, Shanghai silver and glass fell more than 2%; lithium carbonate slipped about 2%; live hogs, platinum and coated paper were down over 1%. On the upside, LPG rose over 2%; rapeseed oil and stainless steel (SS) gained nearly 2%; propylene, styrene (EB), soybean No.2 and plastics (including the monthly-average plastics contract) were up more than 1%.
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