Canada's Ivey PMI Signals Return to Growth âšī¸
Canada's Ivey Purchasing Managers Index rose to 53.3 in June 2025, indicating economic expansion, but with mixed underlying signals including rising input costs and a decline in employment.
Economic expansion signals potential growth momentum, though mixed indicators suggest cautious optimism. Rising input costs could impact corporate margins, while employment contraction might slow economic recovery.
Australia Business Mood Improves for 3rd Month âšī¸
Australia's NAB Business Confidence Index rose to 5 in June 2025, marking the highest level since January, with strong improvements in sales, profitability, and employment across most industries.
Improving business confidence signals potential economic recovery, with positive indicators across multiple sectors suggesting resilience and potential growth momentum for market-related investments.
Thailand Business Sentiment Remains Subdued âšī¸
Thailand's business confidence marginally improved to 48.6 in June 2025, but remained below the neutral 50 mark due to challenges in non-manufacturing sectors and declining Chinese tourism.
Modest economic indicators suggest limited immediate market implications, with mixed signals across different business segments and cautious forward-looking sentiment.