Japan's finance minister Katayama confirmed with US Treasury Secretary Bessent that their ongoing cooperation will continue to support stability in global financial markets.

PBOC conducted a 50 bln yuan 7-day reverse repo today (bids 50 bln; allotment 50 bln) at 1.40% and carried out 3.59 tln yuan of overnight reverse repos.

Iran’s army deputy commander for training and education, Brig. Gen. Ali Ariannejad, told state-affiliated Fars News the armed forces have completed required training and are capable of carrying out preemptive strikes. He said Iran’s defence posture is officially defensive but that penetration and offensive operations have been practised across land, sea and air. Ariannejad claimed the IRGC Aerospace Force successfully used ballistic missiles to preemptively destroy a US command centre at a Jordanian base after Washington planned strikes from that base, demonstrating combat execution capability.