The seven-day Hong Kong interbank offered rate (Hibor) fell 12.9 basis points to 3.99786%, the lowest since May 9.

The overnight Hong Kong interbank offered rate (Hibor) fell 118 basis points to 2.04321%, the lowest level since April 18.

COMEX gold futures stood at $2,000 an ounce, up 0.23% on the day.

Spot silver hit $24 an ounce, up 0.51% on the day.

U.S. Treasury Secretary Yellen: I still firmly believe that the credit and reputation of the United States must not be used as a bargaining chip.

U.S. Treasury Secretary Yellen: The Debt Ceiling Act protects the integrity of the United States and maintains our financial leadership.

US President Biden: I would like to thank Senate Majority Leader Schumer and Minority Leader McConnell for quickly passing the debt ceiling bill.

US President Joe Biden: This bipartisan agreement is a big win for our economy.

US President Joe Biden: Will address the American people directly on Friday.

Bank for International Settlements: Following the recent banking crisis, financial regulators must increase their budgets "significantly" and strengthening day-to-day oversight is critical to preventing more bank failures.

The MSCI index of shares in Asia outside Japan rose 1.61%, on track for its biggest one-day gain in two months.

Japanese Ministry of Finance: Japanese and South Korean deputy finance ministers will meet on June 1-2.

Japanese Finance Minister Shunichi Suzuki: Suzuki Motors will suspend operations at two factories for three days due to chip shortages.

Bank of Korea member Suh: Although the Korean won is weak and volatility has increased, the risk of sudden capital inflows is not high.

Market news: South Korea and Japan may hold a meeting of finance ministers on June 29.

Kazuo Ueda, Governor of the Bank of Japan: The Bank of Japan will maintain a large-scale monetary easing policy because it will take more time to achieve our price target.

Kazuo Ueda, Governor of the Bank of Japan: The Bank of Japan has not yet reached the point where it can discuss the details of the J-REIT exit strategy.

The Australian dollar rose more than ten points against the US dollar in the short-term, hitting 0.66, up 0.58% within the day.

Kazuo Ueda, Governor of the Bank of Japan: There is still some distance from reaching a stable price target.