New Zealand Terms of Trade Index below forecasts (-1.2%) in 1Q: Actual (-2%)

Jun 3, 2026

China: Slower 2Q26 growth outlook – UOB

UOB’s Ho Woei Chen notes that China’s May PMIs point to softer 2Q26 GDP growth, with manufacturing hovering at the expansion threshold and services rebounding only modestly.

New Zealand Terms of Trade Index below forecasts (-1.2%) in 1Q: Actual (-2%)

China: Slower 2Q26 growth outlook – UOB

Australia S&P Global Composite PMI came in at 48.7, above expectations (47.8) in May