PBOC sets USD/ CNY reference rate for today at 6.6236 (vs. yesterday's mid-rate at 6.6070)

China offers yuan loans at lower rates, boosting its currency's global use but accepting lower returns. Kenya saves $215M.

Wheat futures rally 8-12 cents on oil support & supply fears. Traders eye 350-650k MT export sales.

South Korea seeks major US investment package amid tariff talks, smaller than US$350bn South Korea's Industry Minister is linking a resolution in ongoing tariff negotiations to a new U.S. investment package valued at under $350 billion.

China needs fiscal push to fix trade war damage, says PBOC adviser A PBOC adviser warned that China's economy is fragile despite high exports and needs a major fiscal push, not monetary easing, to repair trade war damage.

Soybeans rally 10-13 cents on tight global supply & crude oil support. Nov futures at $10.45, above last year's harvest price.

Cotton futures gain 25-33 pts; oil jumps $3.25 on sanctions. Dollar up. Coffee & Cocoa rally on supply fears.

Corn futures climb 5-6 cents, boosted by wheat, soy, and oil gains. Cash corn at $3.87, Dec futures at $4.28.