Key indicators chart book: Macro chart book

Research evidence excerpt

Key indicators chart book: Macro chart book

Deutsche Bank

Research

Europe Industry Date

12 July 2026

Capital Goods Key indicators chart

Periodical

book

Macro chart book

Gael de-Bray, CFA

Our monthly chart book features over 100 charts summarizing the current state

Research Analyst

of the capital goods sector. We analyze macro data from every major economic +33-1-4495-6562

region, along with key indicators for end markets, commodities, and FX rates.

Global manufacturing activity softened slightly in June, with the aggregate John Kim

manufacturing PMI falling to 52.2 from 52.7 in May. Inflationary pressures also

+44-20-754-18699

eased, as global input and output price indices moderated from multi-year highs

to 63.1 and 57.0, respectively, from 67.4 and 58.0 in May. Brent oil prices fell 23% Nabil Najeeb

in June, helped by the mid-June ceasefire between Iran and the US, while the Research Analyst

highest 7-day average rate of liquid exports through the Strait of Hormuz +44-20-754-17410

recovered to 70% of the pre-conflict level by 25 June 2026. However, oil prices Seetharaman Ramakrishna

have since risen 4% in July, as renewed US-Iran hostilities have reignited Research Associate

concerns over maritime security and global energy markets. Japan’s foreign

machine tool orders remained strong, rising 38% YoY in May, or 17% adjusted for Lars Vom-Cleff

FX by our estimates. Regionally, Asia saw the strongest growth at +43% YoY ex- Research Analyst

FX, followed by North America at +3% and Europe at -6%. By end-market, +49-69-910-13526

Aerospace & Shipbuilding led the way with +102% YoY growth, followed by

Electrical at +83%. Preliminary JFMTO headline data for June point to a further

acceleration of +56% YoY, with FX contributing an estimated 15-20ppts, taking