US EIA implied crude oil demand for the week to June 26: 19.628 mln bpd, prior 20.259 mln bpd.

Japan Q2 Tankan large non-manufacturing business conditions DI 37, vs 35 expected and 36 prior.

Journalists asked the Ministry of Finance about media reports that the World Bank intends to cut sovereign lending to China under the new World Bank–China Country Partnership Framework to no more than $2bn for 2026–31 and to cease sovereign loans thereafter. The ministry said China and the World Bank have had productive cooperation for more than 40 years and that the gradual decline in World Bank lending to China reflects China’s stronger national capacity, changes in domestic demand and a transformation in bilateral cooperation—consistent with international practice. The ministry added China will continue cooperating with the World Bank on global challenges, place greater emphasis on knowledge cooperation, support domestic high‑quality development and assist other developing countries.