RBC BlueBay Asset Management analyst Russell Matthews said a coordinated US-Japan FX intervention to lift the yen is unlikely for now, as relatively stable core government bond yields reduce US willingness to act. He warned sustained yen weakness could provoke larger moves in Japanese government bond yields — 10-year JGBs approaching 3.0% — with potential spillovers to USTs and global sovereigns that would increase the case for coordinated intervention. The firm remains neutral on the yen; Matth

Following Apple price increases across Mac and iPad lines, used-device prices on Chinese secondhand platforms have risen. On Zhuanzhuan, the 2021 MacBook Pro's 7-day floor price is up 400 yuan versus June 28 and nearly 1,000 yuan versus June 21; entry-level M1 MacBook Pro 7-day floor is up about 300 yuan. Xianyu shows the average price for Apple laptops around 2,560 yuan, up about 6% week-on-week, though that average is skewed by low-priced parts and mixed-condition listings; intact machines trade materially higher.

Iran released a video on the evening of July 1 in which Parliament Speaker Mohammad Bagher Ghalibaf said reports that IAEA inspectors would be allowed into bombed nuclear facilities are incorrect. He said Iran’s parliament passed a law, approved by the Supreme National Security Council (SNSC), prohibiting any entry into destroyed or damaged nuclear sites. Ghalibaf said the IAEA may only access two locations — the Bushehr nuclear power plant and the Tehran research reactor — and Iran will not grant privileges beyond the SNSC’s authorized scope.