Yen may weaken as Japan leadership change clouds BOJ outlook, MUFG says

Yen may weaken as Japan leadership change clouds BOJ outlook, MUFG says. Yen downside risks persist; successor choice could sway BOJ path and JPY crosses, with Takaichi seen as most dovish.

Jobs report uncertainty looms! Expecting 50bps Fed cut in Sept. as jobs numbers prove unreliable. Traders brace for volatility.

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.