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Venezuelan interim president Rodriguez said the earthquake death toll has risen to 1,719.
2026-06-30
Venezuelan interim president Rodriguez said the earthquake death toll has risen to 1,719.
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2026-06-29
Nomura’s global FX strategy team says rising market vigilance about possible Japanese intervention is capping USD/JPY gains. They caution the sample is extremely limited but note past episodes — including 2022 and 2024, when Japan intervened twice in a single year — imply the odds of Ministry of Finance intervention increase as USD/JPY approaches the 163 level.
Nomura’s global FX strategy team says rising market vigilance about possible Japanese intervention is capping USD/JPY gains. They caution the sample is extremely limited but note past episodes — including 2022 and 2024, when Japan intervened twice in a single year — imply the odds of Ministry of Finance intervention increase as USD/JPY approaches the 163 level.
2026-06-29
Institutions expect hog production capacity drawdown to accelerate in June, citing two drivers: sustained deep losses in pig farming and falling piglet prices. After a May rebound, hog prices resumed sliding and since June both self-breeding and purchased-piglet operations have lost over 300 yuan per head. 7kg piglet prices stalled at end-May and fell below 200 yuan in mid-June, pushing the sow-to-piglet segment into loss. Market participants are confident this will accelerate capacity exits and
Institutions expect hog production capacity drawdown to accelerate in June, citing two drivers: sustained deep losses in pig farming and falling piglet prices. After a May rebound, hog prices resumed sliding and since June both self-breeding and purchased-piglet operations have lost over 300 yuan per head. 7kg piglet prices stalled at end-May and fell below 200 yuan in mid-June, pushing the sow-to-piglet segment into loss. Market participants are confident this will accelerate capacity exits and improve forward supply; beyond price-driven exits, policy measures have turned to enforcement—June measures to curb overcompetition have been given hard targets and a 'four leads' directive, with effects likely to emerge over time.
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