Sources say Bank of Japan officials view recent yen weakness as an upside risk to inf.

U.S. 6-week Treasury auction to July 21: 1.87% of awards allotted at the stop-out rate, down from 63.1% previously.

Demingli told investors Q2 net profit was affected by higher expenses — increased R&D, capacity‑build provisions and share‑based compensation — plus strategic inventory accumulation and greater customer‑acquisition spending as enterprise storage, embedded storage and memory businesses accelerate. Those products carry long certification cycles and large upfront testing and adaptation costs, lifting R&D and SG&A during expansion; the company characterises these outlays as long‑term strategic investments that have begun contributing. Demingli expects Q2 revenue of 8.462–10.462 bln yuan, up 196–266% YoY and 12–39% QoQ, driven by enterprise storage and memory modules, and says continued scale release should enhance upstream/downstream bargaining power and cost control, laying a foundation for future earnings recovery.