New Zealand June net migration 2710 vs 1410 prior

Japan’s DPP leader Yuichiro Tamaki said authorities should respond decisively to “abnormal” market moves, suggesting bond buybacks, reduced 40-year JGB issuance and slower BOJ tapering, while not ruling out FX intervention.

higher and hitting risk sentiment. JGBs steadied early Wednesday after officials urged calm, while tariff/Greenland headlines kept volatility elevated.

China plans new 2026–30 measures to boost consumption and address supply-demand imbalances, shifting stimulus toward services. The finance ministry extended loan interest subsidies to end-2026 and outlined a 500bn yuan guarantee program.

South Korea’s president said FX markets are driven by supply and demand and that authorities lack immediate stabilisation tools. He said the won has weakened less than the yen and is seen strengthening toward the 1,400 level.

PBOC sets USD/ CNY mid-point today at 7.0014 (vs. estimate at 6.9578)

PBOC sets USD/ CNY mid-point today at 7.0014 (vs. estimate at 6.9578)

Barclays warns Greenland tensions could ultimately hurt the euro more than the dollar, citing Europe’s trade exposure and NATO risks. While USD fell on Tuesday, analysts see limited risk of mass US asset divestment.