Options dealers are increasing hedges for large JPY moves over the next two weeks ahead of the Bank of Japan meeting and potential FX intervention. Two-week USD/JPY butterfly spreads have risen to their highest since October 2022, signaling elevated market concern about volatility. Despite record-scale FX support spending from April 28 to May 27, the yen remains under pressure, fuelling speculation of further intervention. Investors will watch the BOJ's June 15-16 meeting for policy direction as

Pakistan foreign ministry spokesman Andrabi said at a press briefing Islamabad welcomes US efforts to help secure a ceasefire between Israel and Lebanon. He said Pakistan will continue diplomatic efforts to preserve Middle East peace and security, pursues dialogue-based diplomacy, and, as a mediator, is optimistic about prospects for a US‑Iran ceasefire.

HSBC’s Q3 2026 Global Investment Outlook says investors are focusing on long-term structural opportunities and the bank is bullish on Asian technology innovation, with China’s AI development a central theme. Kuang Zheng, HSBC Private Bank and Wealth Management China CIO, said AI will continue to attract strong capital and boost productivity, lifting earnings across multiple sectors. Expansion of digital infrastructure and AI will channel global capital into technology and will also benefit industrials and materials. HSBC flags semiconductors, data centers and industry-specific AI applications as preferred exposures; AI-led opportunities are spilling into industrials, materials, utilities and financials across the AI ecosystem.