ICE: For the week to July 7, speculative net longs in Brent crude fell 547 contracts to 55,087. Speculative net longs in gasoil (diesel) rose 11,634 contracts to 69,486.

Mizuho Securities economist Yusuke Matsuo said Prime Minister Takaichi may need more cautious, market‑aware communication on highly sensitive items, notably the funding source for a planned food consumption tax cut and her large investment program. JGB yields have jumped recently as markets fear political pressure could delay Bank of Japan (BOJ) tightening and lift inflation risks. Finance Minister Katayama on Friday stressed the BOJ's independence, saying specific monetary policy measures are decided by the Bank of Japan.

Germany June harmonized CPI (HICP) final, MoM -0.2% (exp -0.2%, prev -0.2%)