Japan's benchmark Nikkei 225 index has jump 2% on he better news from Akazawa on tariffs

Stocks loving Akazawa and his refuynd! Japan's benchmark Nikkei 225 index has jump 2% on the better news from Akazawa on tariffs

The People's Bank of China pumped up the yuan yet again: Sets USD/ CNY reference rate for today at 7.1382 (vs. estimate at 7.1742)

BOJ eyes rate hike by year-end amid inflation fears; swap rates show 54% chance of Oct hike.

The head of China's Semiconductor Manufacturing International Corporation (SMIC) said current demand for its products continues to exceed available supply & the “hard landing” feared from recent tariff policies has not materialised so far.

EPD yields 7%, MO yields 6.5%. EPD dips 0.2% YTD, MO surges 21.3%. Analysts see upside for EPD, but MO is a 'Hold'.

Japanese trade envoy Akazawa reckons he's made progress in US trade talks (gets a refund!)

RBA tipped to cut rates to 3.60% in August (certainty this time!), more likely by year-end .... Don't mess with us this time around Reserve Bank of Australia!