日本20年期国债收益率下跌0.5个基点，至3.865%。

UBS raised its end-2027 PT for the STOXX Europe 600 to 760 from 680.

June Fed minutes show officials considered KEVIN WARSH’s proposal to end forward guidance and trim references to future rate moves. A majority backed shortening the policy statement and supported deleting language that suggested the next move would likely be a cut. The June alternative approved by the Fed removed rate guidance entirely, consistent with Warsh’s aim to avoid committing on future rates. At the June meeting the Fed held the policy rate at 3.50%-3.75%; the dot plot showed nine of 18 officials expect rates to be slightly higher by end-2026, and markets widely saw the possibility of hikes this year.