Japan's minister of finance and economic revitalization Kiuchi said he respects the Bank of Japan's legal independence in setting monetary policy.

Traders expect Schneider Electric shares to fall 3% to 5% after ABB released results.

Iranian parliament presidium spokesman Goudarzi told Mehr News Agency the Strait of Hormuz has changed the dynamics of the war and the United States has no choice but to respect the will of the Iranian people, withdraw from the region and abandon excessive demands. He said threats, pressure and posturing cannot strip Iranians of their rights or impose foreign will, and warned that if peoples’ rights remain ignored and coercive policies continue, the war cannot be considered truly over; the only solution is recognition of Iranian rights and respect for the will of regional peoples.