Yichun's Yifeng County Ecology and Environment Bureau, responding to market rumours of a restart at CATL's Jianxiawo lithium mine, said an on-site inspection found the site temporarily shut for maintenance with no ore shipments or crushing operations. The bureau has ordered CATL to expedite completion of environmental impact assessment approvals.

The US sold euros to buy yen last week to support the Japanese currency and informed the European Central Bank only after the trades were executed, the Financial Times reported. ECB officials said they learned of the euro sales after execution on Friday. ECB President Lagarde spoke with US Treasury Secretary Bessent on Saturday. The operation was part of a rare US‑Japan coordinated effort to bolster the yen — the first in nearly 30 years — and, unusually, used euros rather than dollars. Some senior ECB officials called the decision to use euros an unprecedented breach of long‑standing cooperation norms. A person familiar with ECB discussions described the euro sales carried out by the New York Fed on behalf of the US Treasury as "striking" and "regrettable."

Fed's Musalem said loosening policy to pursue higher GDP would be wrong.