Japan's finance minister Katayama said monetary policy is decided by the Bank of Japan.

Michael Burry said on Friday investors should hunt for cheap opportunities in the Hong Kong market that could outperform once the halo around Korean and Japanese stocks and the iShares Semiconductor ETF cools. He also said earlier this month he increased his JD.com position. Morgan Stanley has likewise recommended overweighting Hong Kong equities, citing a supportive corporate earnings outlook.

Fannie Mae: U.S. 30-year fixed-rate mortgage averaged 6.55% in the week ending July 16, up from 6.49% the prior week and the highest since Aug. 28, 2025.