Japan 30-year government bond yield continued to rise, up 12 bps to 3.950%.

US Dollar: 1. The US Supreme Court blocked Trump's dismissal of Federal Reserve Governor Cook. 2. Trump: Will take immediate action regarding Cook's eligibility for the position. 3. OMFIF: A survey shows that for the first time, more central banks expect to reduce, rather than increase, their dollar holdings over the next decade. Euro: 1. Spanish inflation unexpectedly exceeded the European Central Bank's target level. 2. ECB Governing Council member Cazax: There is no need to rush into multiple rate hikes; the likelihood of a negative scenario has significantly decreased. 3. ECB President Lagarde stated that the ECB's June rate hike was not a "precautionary hike." 4. ECB sources: Although a rate hike may be delayed, it remains on the agenda. The rapid decline in oil prices has eased pressure on the central bank to raise rates in July; a September rate hike is now more likely. However, if June inflation data unexpectedly rises sharply, a July rate hike may re-emerge as a focus of discussion. 5. ECB Chief Economist Lane: The oil price futures curve indicates that oil prices will remain at high levels for the next few years, meaning that economic costs will rise. British Pound Sterling: 1. Political uncertainty in the UK led investors to heavily short the pound. 2. The UK government announced that the Defence Science and Technology Laboratory will receive £580 million in infrastructure funding over the next four years. This funding is part of a defense investment plan. 3. UK cost pressures eased, with food inflation falling to a 15-month low. 4. The UK savings rate declined due to increased spending on bills and outings. 5. The final reading of UK Q1 GDP growth was 0.6%, below the expected 0.60% and the previous reading. 6. According to The Times, UK Prime Minister Starmer will announce an additional £15 billion defense budget on Tuesday. The Prime Minister will unveil plans for a new generation of fighter jets, warships, and drones, along with his long-delayed ten-year defense investment plan. Japanese Yen: 1. The USD/JPY pair rose above 162 for the first time since December 1986. 2. Former Bank of Japan official Kenzo Yamamoto: The next interest rate hike may occur before December. 3. Japanese Chief Cabinet Secretary Minoru Kihara: Always prepared to take necessary action in the foreign exchange market. 4. Japanese Finance Minister Satsuki Katayama: Maintaining a "stable" stance; will not comment on specific foreign exchange levels; will respond appropriately to currency fluctuations as needed. Others: 1. Hong Kong Trade Development Council: Raised its 2026 export growth forecast for Hong Kong, expecting at least 20% growth. 2. China's National Bureau of Statistics: In June, the Manufacturing Purchasing Managers' Index (PMI) was 50.3%, up 0.3 percentage points from the previous month, returning to expansion territory. 3. Russian Central Bank Deputy Governor Zabokin: Will monitor fuel conditions and update our inflation forecast based on government measures. 4. South Korean stocks rose approximately 100% in the first half of the year, with the two tech giants, Samsung Electronics and SK Hynix, rising approximately 180% and 310% respectively. 5. Reserve Bank of Australia meeting minutes: Still prepared to raise interest rates if necessary, focusing on excess demand and a weak housing market. 6. Rising Indonesian bond yields attracted $1.2 billion in funding. 7. Saudi Arabia's net foreign direct investment (FDI) inflows fell 2.4% in the first quarter, reaching 23.1 billion Saudi riyals. 8. The International Monetary Fund (IMF) has reached a staff-level agreement on the seventh review of Egypt's Extended Fund Facility (EFF) and the second review of its Resilience and Sustainability Instrument (RSF). Upon completion of the reviews, approximately $1.5 billion in EFF funding and $136 million in RSF funding will be disbursed to Egypt.

Honeywell Aerospace said that once it operates independently it will be better positioned to support Boeing and Airbus as they ramp production. The unit is pursuing supplier diversification to boost capacity and is evaluating acquisitions to add capabilities in electrification, automation, safety and production-efficiency technologies.