UK two-year bond yield rose to an eight-week high of 4.446%.

Ibrahim Aziz, chair of the Iranian parliament's National Security and Foreign Policy Committee, said on the 14th that parliament formally submitted a bill on the night of the 13th titled Strategic Action for Security and Sustainable Process of the Strait of Hormuz and the Persian Gulf. Aziz said the filing coincided with a US drone being shot down and said lawmakers remain determined to defend Iran’s red lines, particularly on management of the Strait of Hormuz; he added the bill is a first step and further measures are imminent.

South Korea's Ministry of Economy and Finance said major chipmakers and shipbuilders have begun large-scale dollar selling in the FX forward market.