Foreign Exchange Market Update

June 26, 2026

Italy Consumer Confidence Weakens in June, Business Morale Rises

Euro traded at 1.1404 against USD at 9:00 AM PST

Confidence among Italian households remained more pessimistic in June, while business confidence showed some resilience. Consumer sentiment dropped from 93.4 in the previous month to 92.4 in June. Moreover, a score below 100 indicates a pessimistic outlook.

Among components, both the economic and future sentiment improved from 86.2 to 87.6 and from 87.2 to 87.4. Meanwhile, the personal climate index dropped from 96.0 to 94.2, and the current conditions index weakened from 98.0 to 96.2.

The composite business confidence indicator rose from 94.2 a month ago to 95.2 in June. Confidence among manufacturers improved, and the corresponding indicator increased from 87.9 to 88.4 as production expectations increased amid inventory depletion.

The morale for the construction sector also climbed from 99.4 to 101.7, and confidence in the market services improved from 101.3 to 105.5 as orders improved. 06/26/2026 - 05:37:00 (RTTNews)

Tokyo Inflation Accelerates in June

Inflation in Japan's capital accelerated in June. Excluding fresh food, consumer prices rose at a pace of 1.6% after climbing by 1.3% in May. At the same time, headline inflation rose from 1.4% in May to 1.7% in June. Excluding fresh food and energy, inflation increased from 1.6% to 1.9%. 06/26/2026 - 03:49:00 (RTTNews)

Singapore Industrial Output Growth Eases in May

Singapore's industrial production growth moderated in May after accelerating in the previous two months. Industrial production advanced 13.0% year-on-year in May, slower than the 16.5% growth in April.

Among clusters, electronics output grew by 35.8% from last year, led by Infocom’s and consumer electronics and semiconductors segments, on the back of robust AI-related demand. Precision engineering output was 32.2% higher, and the general manufacturing output increased by 1.8%.

On the other hand, chemical output fell sharply by 11.5%, led by lower production in the petroleum and petrochemical segments, due to disruptions in feedstock supply. Transport engineering output dropped 5.0%, and the biomedical manufacturing output contracted sharply by 24.2%. Excluding biomedical manufacturing, total industrial production grew 17.7% annually in May versus the 20.2% growth a month ago. 06/26/2026 - 02:41:00 (RTTNews)