China delays foreign debt sales with USD 100bln of bonds due, Bloomberg reports
China's decision to delay foreign debt sales amidst a substantial amount of bonds due signals potential strain in its financing strategy.
BoJ Deputy Governor Uchida to join policy meeting by phone due to health reasons
Iran gave the US a new proposal through Pakistani mediators for reaching a deal on reopening the Strait of Hormuz and ending the war however postponing nuclear talks, Axios reports citing sources
China delays foreign debt sales with USD 100bln of bonds due, Bloomberg reports
China's MOFCOM issues a statement on the EU Industrial Accelerator Act, calling it discriminative for trade; will closely monitor and engage in dialogue with the EU but threatens countermeasures if the EU presses ahead
Japanese PM Takaichi says Japan has secured stable oil supply into next year, closely watching the Middle East impact on the economy
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This delay may affect market confidence in the yuan and could lead to shifts in foreign exchange rates, particularly against the USD and other major currencies. Traders should monitor how this impacts global risk sentiment, especially in commodities and fixed income markets.
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