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ECB Governing Council member Mollan: Europe needs safe euro assets.

2026-06-09

ECB Governing Council member Mollan: Europe needs safe euro assets.

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2026-06-09

China said it firmly opposes a recent visit to Taiwan by a handful of South Korean National Assembly members. The Chinese foreign ministry has expressed a stern position, and the Chinese Embassy in South Korea has lodged formal protests with South Ko

China said it firmly opposes a recent visit to Taiwan by a handful of South Korean National Assembly members. The Chinese foreign ministry has expressed a stern position, and the Chinese Embassy in South Korea has lodged formal protests with South Korea’s foreign ministry, the National Assembly and relevant political parties. China urged Seoul to honor the one-China principle and act consistently to preserve the hard-won stable China–South Korea relationship.
2026-06-09

Mitsubishi UFJ said the yen remained weak early this week, with USD/JPY back above 160. Markets have almost fully priced in a BOJ rate hike at the June 16 meeting; even if a hike occurs, it is unlikely on its own to reverse yen weakness. The bank war

Mitsubishi UFJ said the yen remained weak early this week, with USD/JPY back above 160. Markets have almost fully priced in a BOJ rate hike at the June 16 meeting; even if a hike occurs, it is unlikely on its own to reverse yen weakness. The bank warned that failure to follow with further hikes would likely prompt a larger negative market reaction and reinforce investor concerns the BOJ is lagging on inflation risk, and reiterated its view that the yen may stay weak near term until the worst of the energy-price shock abates.
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