China A-share chemical raw materials sector rallied intraday; Sanfu Shares hit the daily limit, while Jinniu Chemical, Jinmei Technology, Hengguang Shares, Hongxing Development and Chlor‑Alkali Chemical also advanced.

BofA Securities warned the Bank of Japan’s rate-normalization could proceed more gradually than the inflation outlook warrants. BofA expects a 25bp hike this October, followed by further increases in March and July 2027 that lift the terminal rate to 1.75% by end-2027. It said such gradualism risks leaving the BoJ behind the inflation curve; if upside price pressures are stronger than expected, the BoJ may need to quicken the pace of hikes or push the terminal rate higher to return inflation to target.

韓元兌美元上漲，因有消息稱與SpaceX IPO相關的購匯需求已被消化。