Germany's monthly factory orders gained 1.9% in May, following the revised 3.2% drop in April, according to preliminary data from the country's Federal Statistical Office published Monday.
Analysts expected a 1.1% increase for the month.
On a yearly basis, new orders in manufacturing were up 6.2%, against the revised 2.1% growth earlier.
New Zealand's total new lending increased to NZ$16.19 billion in May from NZ$14.17 billion in April, according to data from the Reserve Bank of New Zealand released on Monday.New lending fully secured by residential mortgage rose to NZ$8.48 billion in May from NZ$8.3 billion in the previous month.Personal consumer new lending increased to NZ$233 million from NZ$223 million. New lending for business fell to NZ$3.42 billion from NZ$4 billion.Lending for agricultural purposes rose to NZ$2.48 billion from NZ$1.29 billion. Other new lending increased to NZ$1.58 billion from NZ$345 million.
Thailand's consumer price index rose 2.42% in June from a year earlier, easing from a 2.79% increase in May, the country's Trade Policy and Strategy Office said MondayThe reading came in below analysts' expectations for a 4% increase, according to Trading Economics data.Core inflation, which excludes volatile energy and fresh food prices, rose 1.23% in June from a year earlier, faster than the 0.92% increase in May and against analysts' 1.0% consensus forecast. It marked the highest print since June 2023.
Several Australian lithium operations that were placed on care and maintenance between 2024 and 2025 are poised to restart as prices recover, ANZ said in a Monday report.Globally, lithium prices have eased back following a sharp rally since mid-2025, while demand has held up due partly to support from the battery storage sector. With prices now well above production costs, supply constraints are starting to wane, the bank said.In Australia, assets including Bald Hill, the Ngungaju plant, and Finniss were idled in late 2024 due to weak prices but are now being brought back online, raising forecast spodumene production by 3% to 579,000 tonnes this year and by 15% to 655,000 tonnes in 2027, ANZ said.in terms of demand, electric vehicles still dominate to account for roughly 55% of lithium consumption, but energy storage systems are gaining share, rising to 20% this year from 5% before the pandemic, the bank added.