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TD Securities' macro research team says a US-Japan joint FX intervention to support the yen appears likely. The team notes MIMURA repeatedly referenced the United States in a Wednesday interview, signaling an attempt to secure US agreement for bilate

2026-07-02

TD Securities' macro research team says a US-Japan joint FX intervention to support the yen appears likely. The team notes MIMURA repeatedly referenced the United States in a Wednesday interview, signaling an attempt to secure US agreement for bilateral action, which would be stronger than a unilateral intervention. TD Securities warns that in that scenario USD/JPY's decline could far exceed the roughly 5-yen move typical of past unilateral interventions. The firm views MIMURA's comments as a clear warning to yen speculators not to push USD/JPY below 163.

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2026-07-02

A fire broke out at Kyiv's Premier Palace Hotel after a Russian drone strike.

A fire broke out at Kyiv's Premier Palace Hotel after a Russian drone strike.
2026-07-02

In Hong Kong, Southern Asset Management’s 2x leveraged long position on Samsung Electronics (07747.HK) plunged more than 25% in afternoon trading.

In Hong Kong, Southern Asset Management’s 2x leveraged long position on Samsung Electronics (07747.HK) plunged more than 25% in afternoon trading.
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