Japan Services PPI 2.5 vs 2.8 prior

RBA minutes show the bank could hold rates longer if demand stays firm, even as it says easing may still be needed if growth or jobs weaken. The board judged policy only slightly restrictive and noted inflation may run above target until mid-2026.

DXY up 0.25% on strong Empire report & fewer Fed cuts; Gold dips on dollar strength, silver firms on industrial demand.

Asian stocks dip, S&P 500/Nasdaq worst day in a month. Bitcoin slides pre-Nvidia earnings. Traders brace for jobs data.

Trump's $2k tariff dividend plan faces $600B cost, needs legislation. Court ruling could flip revenue to refunds.

PBOC is expected to set the USD/CNY reference rate at 7.1096 – Reuters estimate PBOC CNY reference rate setting for the trading session ahead.

Japan yen verbal intervention - "alarmed" over FX moves Japan’s Finance Minister Katayama is "alarmed" over FX moves. Word choice is an escalation of verbal intervention.

Japan’s Finance Minister Katayama said the government’s economic stimulus package has become “sizable” but declined to reveal its exact scale, signalling the plan has expanded while details and funding are still being finalised.