The post reports that South Korea's Consumer Price Index for June rose 0.1% month-over-month, in line with forecasts and lower than the previous 0.5% increase.

The post reports that Saxony CPI month-over-month came in at -0.3%, compared to -0.1% previously.

Bloomberg reports that China's factories show resilience amid the Iran war turmoil, focusing on tech innovations and high-end production.

The post reports that French preliminary CPI year-on-year came in at 1.8%, below the 2% forecast and previous 2.4%.

The post reports that gold steadied near $4,000 an ounce after U.S. inflation data reduced expectations for an interest-rate hike.

Australia's consumer price index for all groups rises 4% year on year.

UK Prime Minister Burnham announced a VAT cut on energy bills starting 1 October, funded by scrapping the digital ID scheme, reducing CPI by an estimated 0.1% and cutting average household bills by about £45.

President Trump praised Giant Eagle for lowering prices on over 300 products and called on other grocery chains to do the same, crediting his administration for falling costs on oil, gas, eggs, and drugs while blaming the previous administration for high inflation.

June inflation data came in lower than anticipated, which could support a new crypto bull market if the trend continues.

The national average diesel price in the US has climbed back to $5 per gallon, according to GasBuddy data.

Chinese domestic futures closed mixed overnight, with PTA down over 2%, synthetic rubber up over 1%, and plastic and soybean meal up nearly 1%.

Consensus expects a negative headline CPI print for June, driven by a 10% drop in gasoline prices that could subtract 0.4-0.5 percentage points, marking the first negative reading since 2020.

3M annualized CPI dropped from 8.2% to 2.8%.

USDJPY weakness is seen as a potential opportunity, contingent on a soft CPI print and BoJ policy shifts.

This week will feature key US economic data releases including CPI, PPI, and retail sales, along with testimony from Warsh, Chinese data, and a heavy earnings calendar.

Spanish inflation unexpectedly remains well above the ECB's 2% target in the first reading after the US-Iran peace deal, which had reduced energy prices.

Bloomberg reports that gadget prices are inflating, coining the term 'Macflation'.

The post reports that the core inflation rate hit 3.4% in May, the highest since October 2023, according to the Fed's preferred gauge, and notes the expected headline PCE print of 4.1%.

Post reports actual US PCE and core PCE inflation data for May matched or slightly missed expectations, with month-on-month figures at 0.4% and 0.3% respectively, and year-on-year at 4.1% and 3.4%.