Bank of Korea says it is necessary to monitor elevated exchange-rate volatility.

CBS reported the Pentagon recently reviewed military plans targeting Cuba, including a large-scale air assault option involving the 101st Airborne Division. Insiders said review does not mean the Trump administration has decided to act. Heavy US deployments in the Middle East make action against Cuba less feasible. The US says it still prefers diplomatic and economic pressure to press for reforms in Cuba. The Pentagon declined to comment on hypothetical military operations.

RUSSIAN CENBANK says Q2 economic activity exceeded Q1, indicating GDP is likely to register YoY growth.