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Al Jazeera cited Lebanese diplomatic sources saying Israel is seeking to use talks in Rome to relieve pressure from the United States.
2026-07-08
Al Jazeera cited Lebanese diplomatic sources saying Israel is seeking to use talks in Rome to relieve pressure from the United States.
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2026-07-08
Asahi Shimbun reports the Japanese government may revise monetary-policy wording in its draft annual economic and fiscal policy guidelines to avoid giving the impression it is pressuring the Bank of Japan. The earlier draft described the "appropriate implementation" of monetary policy as "extremely important," a phrase some read as signaling opposition to further BOJ tightening. The updated draft adds inflation language, calling for appropriate monetary policy to promote stable price rises; a go
Asahi Shimbun reports the Japanese government may revise monetary-policy wording in its draft annual economic and fiscal policy guidelines to avoid giving the impression it is pressuring the Bank of Japan. The earlier draft described the "appropriate implementation" of monetary policy as "extremely important," a phrase some read as signaling opposition to further BOJ tightening. The updated draft adds inflation language, calling for appropriate monetary policy to promote stable price rises; a government official said the change reflects some market participants' misreading of the original wording.
2026-07-08
Haitong International chief economist Zhang Yidong said on July 8 that late‑June Fed commentary lifted rate‑hike expectations and strengthened the dollar, while end‑1H portfolio rebalancing and Meta’s compute announcement sparked demand worries — together triggering a sharp early‑July selloff in global AI/tech stocks. He said the correction has not yet fully run and needs time to de‑risk: markets have not fully priced in a stronger dollar, sticky inflation and tighter Fed policy, and micro‑liqui
Haitong International chief economist Zhang Yidong said on July 8 that late‑June Fed commentary lifted rate‑hike expectations and strengthened the dollar, while end‑1H portfolio rebalancing and Meta’s compute announcement sparked demand worries — together triggering a sharp early‑July selloff in global AI/tech stocks. He said the correction has not yet fully run and needs time to de‑risk: markets have not fully priced in a stronger dollar, sticky inflation and tighter Fed policy, and micro‑liquidity strains — overcrowded AI positioning and funding pressure on AI equities and credit — require time to unwind. After an initial large decline, some pressure from the dollar, oil/inflation and micro crowding has been partly relieved but not digested; Zhang expects the AI move to shift from a plunge to a choppy, differentiated downtrend with short‑term strength in consumer and high‑dividend assets, and a potential renewed AI uptrend once pressures ease further.
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