Hong Kong +1.67%
Australia +1.41%. Australia data – weekly consumer confidence +1.6% after the -7.6% prior week.
RBA Gov. Lowe says will discuss 25bp or 50bp interest rate hike at July assembly (July 5).
The Reserve Financial institution of Australia governor Philip Lowe mentioned in a speech that he anticipated inflation in Australia to peak at round 7% by the tip of the 12 months as pandemic-related provide chain disruptions resolve.
Lowe mentioned financial coverage tightening and rate of interest hikes globally would work collectively to drive down inflation by making a steadiness between the demand and provide of products.
South Korean exports +11% y/y (first 20 days of June).
New Zealand Q2 consumer confidence falls to 78.7 from 92.1 in Q1.
U.S. futures larger. Dow Jones +1.40%; S&P 500 +1.54%; Nasdaq +1.67%.