日本东证指数下跌1%。

PBOC'S Pan said at the Hong Kong Fixed Income and Currency Summit and Bond Connect Forum on the 7th that amid heightened global rate and inflation volatility, Chinese bonds' relative stability and lower volatility provide unique diversification benefits and continue to draw demand for increased allocations from international investors. Coupled with lower renminbi financing costs, Hong Kong's renminbi bond market faces a rare development opportunity; Hong Kong can seize the moment to attract more sovereign wealth funds and international corporates to issue bonds there.

Argentina said on the 5th it will not submit the reciprocal trade and investment agreement signed with the United States on Feb. 5 to Congress for approval in the near term. Under Argentina’s constitution such treaties require congressional ratification. The government cited a February U.S. Supreme Court ruling that the International Emergency Economic Powers Act (IEEPA) does not authorize the president to impose large-scale tariffs, limiting the U.S. president’s ability to deliver tariff and market-access commitments by executive action and affecting market-access provisions in the pact. Consequently, the agreement will not enter the legislative agenda soon.