Japanese Chief Cabinet Secretary Kihara says monetary policy falls under the jurisdiction of the BoJ; adds that interest rate moves are determined by the market

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European Movers: Rheinmetall (RHM GY) -0.8%, Renk (R3NK GY) +1.1%, Airbus (AIR FP) +2%, UniCredit (UCG IM) +0.7%, Siemens (SIE GY) +1.9%, ASML (ASML NA) +1.90%

EUROPEAN OPEN: OCDO LN top investor calls for Chair removal; AIR FP H1 deliveries rise Y/Y to about 350 jets; RHM GY assesses F126 frigate cancellation impact; R3NK GY to acquire David Brown Defence; SUBC NO and SPM IM merger faces Phase 2 review

Japanese Chief Cabinet Secretary Kihara says monetary policy falls under the jurisdiction of the BoJ; adds that interest rate moves are determined by the market

China State Planner NDRC is to cut retail fuel prices in current bi-monthly cycle; effective July 4th

Turkish Inflation Rate MoM (Jun) M/M 0.99% (Prev. 1.71%)

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  • The government will work closely with the BoJ.
  • Closely monitoring market movements with a high sense of urgency. 
  • Are to take appropriate action on FX, at all times when needed. 

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