JP Morgan keeps USD/JPY target at 164 but says 164 may not be terminal over the medium-to-long term. UBS sets USD/JPY target at 165, noting further yen weakness once the threat of intervention eases. Goldman Sachs raises its one‑year USD/JPY target t

2026-07-06

JP Morgan keeps USD/JPY target at 164 but says 164 may not be terminal over the medium-to-long term. UBS sets USD/JPY target at 165, noting further yen weakness once the threat of intervention eases. Goldman Sachs raises its one‑year USD/JPY target to 165 from 155, citing expected sustained dollar strength. Macquarie says Japanese authorities may prepare for fresh FX intervention but could wait until USD/JPY approaches about 165. RBC BlueBay warns that if the Bank of Japan does not materially change policy, USD/JPY could reach 170 or higher over the long run.

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2026-07-06

Allianz (China) Insurance Holdings published the Chinese-language 2026 Allianz Global Insurance Development Report on July 6, showing global total premiums written rose 7.1% in 2025 to €6.9 trillion. China’s market expanded 7.4% in 2025 to €745.6 bil

2026-07-06

Morgan Stanley strategists led by Michael Wilson say U.S. equity flows are rotating out of chip stocks into previously lagging hyperscalers — including Microsoft, Amazon and Meta — driven by their strong core businesses and role in AI data‑center dem