China A-share diversified financials weakened again in the late session; Xinli Financial hit the daily limit down, Cuiwei Co. earlier hit its limit down, and Xiangyi Rongtong, Nanhua Futures, Haide Co., Ruida Futures, Hongye Futures and Aijian Group also fell.

Sources say the Bank of Japan will likely raise its policy rate by 25bp next week to 1.25%, a 31-year high. The move, coming three months after June’s hike, signals an acceleration of tightening; the BOJ may flag it would speed further if inflationary pressure rises. Officials expect financial conditions would remain accommodative even at 1.25%. Markets will focus on Governor Ueda’s post-meeting remarks for guidance on the pace of future hikes and the likely terminal rate. Sources say the BOJ has no preset view of the terminal rate—it will depend on how past hikes affect the economy and how much firms pass higher costs to households—and there is no internal consensus on the speed of tightening. Ueda is expected to avoid a firm timetable but may repeat July’s warning that the BOJ could quicken hikes if financial conditions are judged too loose.

路透調查：美國2年期國債收益率預計將在三個月內降至4.20%，六個月內降至4.12%，一年內降至4.00%（而八月份調查分別爲4.07%、3.92%和3.80%）。