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Golden Ten Data reported on July 7 that Abhijit Surya, Senior Asia-Pacific Economist at Capital Economics, stated that the slowdown in Japan’s wage growth in May is unlikely to prevent the Bank of Japan from further raising interest rates. He pointed out that preliminary data released earlier showed that the growth rate of Japanese labor cash income slowed from 3.6% in April to 3.2% in May. Surya said: “Despite the recent slowdown, all indicators of base wage growth remain well above the 2025 average and are still high relative to historical levels.” He added: “We believe today’s data is unlikely to change the Bank of Japan’s fundamental assessment that the labor market remains tight.” Capital Economics maintains its view that the Bank of Japan will raise interest rates to 2% by the end of 2027.

Golden Ten Data reported on July 7 that Deloitte Economics Institute stated that, although oil prices may be falling, rising interest rates, weak consumer and business confidence, stagnating housing investment, and a persistent cost of living crisis have all undermined Australia's growth outlook. Against this backdrop, Deloitte has revised down its forecast for Australia's real economic growth in 2026-2027 from 1.9% to 1.3%. It is expected that the annual economic growth rate will remain below 2.0% over the next two years, with full-year growth in 2026 reaching only 1.1%, marking the longest period of stagnation since the early 1990s recession.

According to Trend Research, analysis by Morgan Stanley suggests that Meta's development of internal cloud services is a move driven by GPU shortages. SIA data from May shows that DRAM increased 54.8% month-on-month, NAND prices surged 281.6%, and chip companies have only 114 days of inventory. The report forecasts GPU shortages will last until the end of 2027, with DRAM shortages extending into early 2028.