Japan Coincident Index climbed from previous 114.3 to 115.2 in June

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New Zealand June Building Permits +3.5% m/m (prior -2.2%)

Building consents data from NZ for June 2023 rose 3.5% m/m prior -2.2% for the y/y, -12% For the quarter as a whole the picture is not so strong. The number of new homes consented in the June 2023 quarter was down 20% compared with the June 2022 quarter. Stats NZ: “The June 2023 quarter

South Korean June data: Industrial output -1% m/m (-0.3% expected)

Data from South Korea for June 2023 Industrial output -1% m/m Industrial output -5.6% y/y Service sector output is +0.5% m/m Retail sales also up, 1% m/m – Mixed signals from the SK economy. The country is often referred to as a bellwether for the global economy. . لینک منبع : هوشمند نیوز

US June pending home sales +0.3% vs -0.5% expected

US pending home sales Prior was -2.7% Index 76.8 vs 76.5 prior This is a decent forward-looking indicator and a nice rebound after a poor number in May. I think it’s clear that there are people who want to buy homes, it’s just that inventories of homes for sale are very low and mortgage rates