Germany's DAX hit 25,000, up 1.48% intraday.

State Street Investment Management senior fixed-income strategist Masahiko Loo said the market may now treat 163–165 as the next key technical and psychological USD/JPY target, where positioning and policy/intervention risks become more pronounced. He warned intervention risk should not be underestimated as the pair approaches the band, and said the probability of action would rise; coordinated signalling with the US Treasury cannot be ruled out, especially if a break above 163 triggers stop-loss flows that could accelerate moves toward 165.

德國5月出口物價指數年率 3.4%，前值2.9%。