Japanese Prime Minister Takaichi said this afternoon IEA Executive Director Birol visited the prime minister's residence, their first meeting since March, and she briefed him on Japan's ongoing policy measures. She said Japan urged free, transparent energy trade, international cooperation on oil reserves and closer producer–consumer cooperation.

US 10-year Treasury futures rose 3 points, 30-year Treasury futures rose 2 points.

AstraZeneca said a late-stage trial of Etcamah in recurrent or metastatic, treatment‑naive breast cancer patients failed to delay disease progression versus standard therapy. Analysts say the setback could cut the drug’s peak sales by up to $3.8bn. The result raises pressure on CEO Pascal Soriot to prove the company’s internal pipeline. AstraZeneca also reported positive data over the weekend from two lung cancer candidates.