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CMA CGM's CEO said vessels struck by missiles in the Persian Gulf could be written off and that imposing surcharges on transits through the Strait of Hormuz would be catastrophic.

2026-07-03

CMA CGM's CEO said vessels struck by missiles in the Persian Gulf could be written off and that imposing surcharges on transits through the Strait of Hormuz would be catastrophic.

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2026-07-03

Vietnam June exports YoY +28.1% vs +18.0% prior.

Vietnam June exports YoY +28.1% vs +18.0% prior.
2026-07-03

SMBC Nikko strategist Makoto Noji said the yen cannot sustain appreciation unless the Japanese government pursues firm fiscal consolidation. He said widening short-to-long yield gaps in Western bond markets indicate Japan has begun exporting fiscal-d

SMBC Nikko strategist Makoto Noji said the yen cannot sustain appreciation unless the Japanese government pursues firm fiscal consolidation. He said widening short-to-long yield gaps in Western bond markets indicate Japan has begun exporting fiscal-driven upward pressure on yields to the West. Noji added that if the US conducts a rate check similar to earlier this year, yen appreciation could accelerate, and such a move might signal US pressure for Japan to improve its fiscal position.
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