China June vehicle sales data out from CAAM 11 July
– 2.17M units
– Jan-June sales yy +3.8% vs 8.1% prev
Stronger headline but softer YTD performance.
– June auto sales 1.83m units.+2.3%YY
Meanwhile USDJPY failing at 114.50 again with 114.48 highs but still expected to find dip demand with yen selling also underpinning core pairs for the moment.