GBP/USD rose nearly 20 points in the short term and is now at 1.2509.

Bank of Japan review member Junko Nakagawa: If inflation expectations further increase, the possibility of further adjustments to the yield curve control (YCC) cannot be ruled out, but this is not an imminent issue at the moment.

Market news: The G20 agreed to equalize the status of the African Union and the European Union.

Bank of Japan review member Junko Nakagawa: The next round of wage negotiations is only one factor in ending negative interest rates.

UK Government: Pursuing a domestic fusion energy strategy will involve close international collaboration with European partners and support for a new program that will provide up to £650 million in funding by 2027.

UK Government: Confirms it will advance its own fusion energy strategy rather than cooperate with the Euratom programme.

UK Government: The UK joins the Horizon Europe program under a new bespoke agreement, ensuring linked relationships with improved financial terms that suit the UK and protect taxpayers.

Philippine President Marcos: The Philippines and Vietnam plan to sign a five-year rice supply agreement.

Bank of Japan review member Junko Nakagawa: We are controlling yield curve control (YCC), so any improvement in bond market functions will be limited to a certain extent.

Junko Nakagawa, a review member of the Bank of Japan: We do not have any preset sequence, time and interval on how to gradually cancel yield curve control (YCC) and negative interest rates. It will depend on the financial development at the time.

Bank of Japan review member Junko Nakagawa: Negative interest rate policy can be exited when the economy is strong enough to cope with headwinds and demand strengthens amid the prospect of sustained wage growth.

Junko Nakagawa, Bank of Japan review member: The 2% inflation target is not yet visible.

Junko Nakagawa, a member of the Board of Review of the Bank of Japan: The upward and downward risks to prices are roughly the same.

Total wages in France rose by 0.1% in the second quarter from the previous quarter.

Odessa Region Governor: Russian drones attacked port facilities in the Odessa region overnight.

Russian Deputy Foreign Minister: Russia continues to maintain contact with the United States on humanitarian issues, but it does not involve work on major issues, and there is no dialogue between the two sides.

According to RIA Novosti: Russia’s Deputy Foreign Minister said that the United States’ supply of depleted uranium weapons to Ukraine is a criminal act.

The Nikkei 225 index fell back below 33,000 points, down 0.76% on the day.