ERDOGAN said U.S. sanctions have not affected Turkey and that the issue does not exist.

US Strategic Petroleum Reserve inventories fell 6.166 mln barrels in the week to July 3, versus a 5.536 mln-barrel drawdown in the prior week, EIA data.

On July 8 LCH, part of the London Stock Exchange Group, began accepting offshore renminbi-denominated Chinese government bonds as eligible non-cash collateral. LCH said including these bonds will allow firms to pledge high-quality local-currency assets and use balance sheets and liquidity more efficiently. The move is presented as supporting regional market participation and easing central clearing for institutions operating across multiple jurisdictions.