BoJ's Koeda sees the neutral rate above 1%, estimates it between 1.1% to 2.5%

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[MARKET UPDATE] Crude hit on reports that Pakistan's Army Chief will travel to Tehran on Thursday; Brent Jul'26 fell from ~USD 106.60/bbl to around USD 105.75/bbl in a minute; modest upticks seen in equity and fixed income futures

Pakistan's Army Chief is to travel to Tehran on Thursday for negotiations and as part of mediation efforts between the US and Iran, ISNA reports

BoJ's Koeda sees the neutral rate above 1%, estimates it between 1.1% to 2.5%

UK Chancellor Reeves to announce a cut to agrifood tariffs on some products on Thursday morning, POLITICO reports

UK Chancellor Reeves is expected to announce a rise in mileage rates today, Playbook's Bloom reports

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