Thailand's Finance Ministry said it will meet the gold industry association this week to discuss taxation.

Commonwealth Bank FX strategist Samara Hammoud said the dollar index remained under pressure in Asian trade near 98.8. Concerns about fiscal dominance, US government debt sustainability and a weakening dollar are likely to keep USD pressured this week. US Treasury Secretary Bessent has raised market expectations for a fiscal consolidation package to be announced this week. The 2025 Department of Government Efficiency (DOGE) episode showed how hard it is to cut spending or raise taxes; if consolidation measures are limited, markets could be disappointed and the dollar further weakened.

软银将发行1万亿日元债券。