German two-year government bond yield fell 7bps to 2.56%.

Since October 2025, China’s telecom fraud cases have fallen year‑on‑year for eight consecutive months, the Ministry of Public Security said. Ten scam types account for about 85% of cases: order‑rebate schemes, fraudulent e‑commerce/shopping services, fake online investment and wealth‑management, impersonation of e‑commerce logistics customer service, loan/credit‑check scams, fake in‑game transactions, online dating fraud, impersonation of law‑enforcement or judicial officials, impersonating executives or acquaintances, and airline ticket refund/rescheduling fraud. Order‑rebate schemes are the most frequent, making up 25% of cases. Fake online investment scams account for roughly 40% of total reported losses; cases with losses in the millions to tens of millions of yuan are predominantly this type.

New York gold futures' intraday gain widened to 1.00%, trading at $4,174.90/oz.