Russian Foreign Minister Lavrov arrives in China for official visit
Russian Foreign Minister Lavrov's arrival in China emphasizes ongoing diplomatic relations, which could have implications for geopolitical tensions involving the U.S.
Nissan (7201 JT) will reduce its global line-up to 46 models from 56
PBoC injects CNY 1bln via 7-day reverse repos with the rate at 1.40%
Russian Foreign Minister Lavrov arrives in China for official visit
PBoC sets USD/CNY mid-point at 6.8593 vs exp. 6.8173 (Prev. 6.8657)
Saudi Arabia is pressing the US to drop its Hormuz blockade, with Gulf energy exporters worrying that Iran could escalate and close the Bab al-Mandeb, according to WSJ
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and Western allies. Markets may react to any discussions regarding energy cooperation or trade agreements, particularly affecting commodities like oil and gold, while FX pairs involving the USD and major Asian currencies could also feel the fallout. Watch for sentiment changes in global risk assets as this visit unfolds.
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