Kazakhstan reiterated plans to produce 96 mln tonnes of crude oil this year and about 99 mln tonnes in 2027.

Japan Chief Cabinet Secretary KIHARA Minoru said he will monitor market movements with a high sense of urgency.

The People’s Bank of China conducted its third Securities, Fund, Insurance Swap Facility (SFISF) operation, allotting RMB100 billion at a 10bp fee for a one-year tenor, with extension optional. Everbright Securities won an allocation and said it will use the quota in compliance with regulations to accelerate deployment, act as a stabilizing market intermediary, and help improve liquidity and steady market expectations.