Japan sells 0.6 trillion yen in JGBs at enhanced-liquidity auction

Japan sells 0.6 trillion yen in JGBs at enhanced-liquidity auction An enhanced-liquidity auction in Japan is when the government reissues existing JGBs to boost the supply of particular maturities that are in demand.

Citigroup and Nomura warn that the PBOC may refrain from lowering interest rates, RRR China’s stock rally complicates PBOC’s stimulus plans, rate-cut outlook in doubt.

PBOC sets USD/ CNY reference rate for today at 7.1029 (vs. estimate at 7.1317) PBOC CNY reference rate setting for the trading session ahead.

Goldman Sachs says it keeps its Brent/WTI price forecast unchanged for 2025

Trump to foreign firms: Respect U.S. immigration laws, train American workers Trump urges foreign firms to follow U.S. immigration laws after Hyundai plant raid.

Japan’s Q2 GDP revised higher to 2.2%, fifth straight quarter of growth - recap Supportive for JPY and Japanese equities near term, though sustained recovery hinges on domestic demand resilience against U.S. tariff pressure.

US jobs slump! Openings hit pandemic lows, fueling Fed rate cut bets. Traders eye market shifts.