Mitsubishi UFJ Financial Group analyst Derek Halpenny says Finance Minister Satsuki Katayama’s call for households and pension funds to increase domestic allocations is positive but unlikely to sustain the yen in the near term; such policy shifts will take time. The Bank of Japan’s credibility and concerns it remains behind the curve on rate hikes remain the key drivers. Markets may view Katayama’s remarks as signaling reduced willingness to intervene to support the yen, which, if global yields

FITCH says limited UK fiscal space is likely to constrain significant policy easing.

Meta unveiled Muse Spark 1.1 with a new paid developer tier—its first time charging businesses for model access—creating a potential new revenue stream. The non-open-source model will be distributed via a Meta Model API with a limited free token allowance; access beyond a token threshold will be paid. Meta says API pricing is roughly 25% of comparable OpenAI and Anthropic quotes. CEO Mark Zuckerberg highlighted marked improvements in agent inference, tool use and coding, and described the API launch and pricing as aggressive to broaden developer adoption.