Iran's President PEZESHKIAN said Iran will raise gasoline prices.

Japan’s Financial Services Agency is increasing oversight of internet banks and other lenders offering ultra‑long mortgages as the housing market heats up. Loans with terms up to 50 years are becoming more common among lower‑income young buyers; the traditional maximum was 35 years. The regulator said it is concerned repayment risk will rise if interest rates increase or borrower incomes fall and will step up monitoring and, where needed, engage banks directly. Lenders including SBI Shinsei Bank and Rakuten Bank now offer 40–50‑year loans; borrowers on 50‑year floating‑rate mortgages face longer exposure to rate rises. The Bank of Japan is widely expected to continue tightening policy, which the FSA says could pressure borrowers who judged affordability on initially low monthly payments.

U.S. University of Michigan final consumer expectations index for August 51.5, consensus 51.4, prior 50.6.