After remarks from Fed Governor WALLER, US Treasury yields dipped; the 10-year yield fell 4bps intraday to 4.754%.

Shanghai will, during the 15th Five‑Year Plan period, deepen pilot measures to open the services sector and push implementation of opening projects in value‑added telecom, biotechnology and wholly foreign‑owned hospitals. The city will apply the revised Catalogue for the Encouragement of Foreign Investment, use marquee foreign-funded projects to steer capital into advanced manufacturing, modern services and high‑tech sectors, and support foreign firms’ participation in upstream and downstream industry‑chain cooperation to broaden their investment space.

New York gold futures rose 1.00% intraday to $4,478.80/oz.