Investors will assess RBA policy signals and China’s June manufacturing data for clues on regional economic momentum.
Asia’s economic calendar on June 30 centers on the Reserve Bank of Australia’s June meeting minutes and China’s official June purchasing managers’ indexes. The RBA paused after three consecutive rate hikes earlier this year, and markets will parse the minutes for forward guidance ahead of the August meeting, though another hike is seen as unlikely.
China’s PMIs are expected to deliver mixed results, reflecting uneven growth in the world’s second-largest economy. The data follows recent stimulus measures and will shape expectations for second-half activity. Both releases are key for regional risk sentiment and commodity-linked currencies.
No immediate market reaction was reported ahead of the releases.