China official manufacturing and non-manufacturing PMIs will be published over the weekend

Asian stocks rise on AI tech rally; focus shifts to US inflation data for Fed rate clues. NVDA confirms AI spending.

China state planner says household consumption capability, confidence needs to be improved. China is trying to boost domestic demand. One of the steps it appears to be taking is to raise the value of the yuan.

Japan finmin Kato say he is aware of rising interest rates. Referring to Japanese Government Bond

SK plans 8.1% budget hike for AI, boosting spending to $524B. Deficit widens to 4% GDP, debt to 51.6%. Traders eye growth vs. fiscal risk.

iveBytes US VP Vance confirms the end of Federal Reserve independence. "I don't think we allow bureaucrats to make decisions about monetary policy and interest rates. POTUS is much better".

Corn futures climb 3-4 cents on tight supplies & strong export sales. Coffee & cocoa prices surge on dwindling inventories & weather woes.

Wheat futures rise on export sales & dwindling ICE coffee inventories. Cocoa jumps on Ivory Coast weather. Traders eye month-end.