ECB Executive Board member Sleijpen said markets expect oil prices to decline, but significant uncertainty remains.

USD/JPY climbed to its strongest since July 2024, trading at 160.75.

At the 2026 Lujiazui Forum, China's financial regulator Director Ding Xiangqun said authorities will strengthen oversight to eliminate supervisory gaps and blind spots and ensure full coverage with no exceptions. He said priority is preventing and resolving risks to firmly guard against systemic financial stress. Authorities will focus on shrinking legacy exposures and curbing new risk growth, and will orderly but forcefully resolve risks at small- and medium-sized financial institutions. The regulator will support and coordinate measures to address property-sector and local-government debt risks. Emphasis will be on upstream prevention: establishing early-correction mechanisms with hard constraints to enable early identification, early warning, early exposure and early resolution. Regulators will intensify both oversight of lawful activity and crack down harder on illegal financial conduct, strengthen central-local coordination and inter-agency linkage, maintain high-pressure enforcement and full-chain systemic governance, and safeguard household deposits and savings.