MOFCOM said Chinese and U.S. economic teams held the eighth round of talks in the United States and reached several agreements under the bilateral economic and trade consultation mechanism. Agreements cover implementation of prior trade commitments, reciprocal tariff-reduction arrangements, creation of a bilateral trade council and an investment council, and an extension of the Kuala Lumpur joint trade-consultation arrangement. Vice Premier He Lifeng and Treasury Secretary Bessent held the first

伊朗总统佩泽希齐扬：伊朗已经200年来没有攻击过任何国家，但却被指控为恐怖主义国家；我们需要力量，是为了保护自己。

J. Safra Sarasin analyst Claudio Wewel said the recent yen rebound looks fragile. As markets price further rate hikes from major central banks, USD/JPY has risen to around 158, reviving speculation of Japanese FX intervention. Wewel expects USD/JPY could linger near the 160 area in the short term, saying the Bank of Japan’s signal of accelerated tightening may not be enough to sustain a durable yen recovery. He warns the yen still faces headwinds from stronger US macro data, elevated energy prices and concerns over Japan’s debt sustainability, and judges the BOJ may still be lagging other G10 central banks based on recent market reaction.