China A-share energy-metals and lithium-mining sectors weakened in morning trade; Rongjie Co., Shengxin Lithium Energy and Yongshan Lithium hit daily limit-downs; TTANQT LITHIUM, Yongxing Materials, Ganfeng Lithium, Boqian New Materials and Yuanhang Precision declined.

美國官員：美國財政部正撤銷此前授權銷售伊朗石油的通用許可證。

Michael Nizad, head of multi-asset and portfolio management at Edmond de Rothschild Asset Management, said the yen’s weakness is excessive given Japan’s strong fundamentals and could push USD/JPY toward 170 within three months absent intervention. USD/JPY hit 162.83 on Wednesday, a 40-year high, and was trading at 161.76. Nizad said such depreciation would boost Japanese industry competitiveness and would be unacceptable to the Trump administration, so he expects coordinated foreign-exchange intervention by the Bank of Japan, Federal Reserve and European Central Bank in H2. He added that any yen appreciation without intervention would likely be short-lived; a successful intervention could compress USD/JPY to around 155, making the near-163 move the peak.