Bank of Japan board member Ayano Sato said large, short-term FX swings are undesirable and foreign exchange movements should reflect fundamentals.

China’s foreign ministry said on June 30 it is willing to strengthen communication with the EU to resolve trade disputes constructively after EU Trade and Economic Security Commissioner Maroš Šefčovič met China’s commerce minister Wang Wentao and the EU warned the current trade situation was “unsustainable”. Beijing said China and the EU are partners, not rivals, bilateral economic ties are mutually beneficial, and the root of the EU’s problems does not lie with China. China pledged talks on the basis of equality, respect and reciprocity and said it will work with the EU to safeguard global supply-chain stability.

奧本海默：將高盛(GS.N)評級從“與大盤持平”下調至“跑輸大盤”。