EUR/USD
1.15919
-0.213%
Gold
4379.41
-1.564%
Oil
86.709
1.541%
USD/JPY
160.078
0.217%
GBP/USD
1.35360
-0.094%
GBP/JPY
216.685
0.128%
Real-time News
On September 1st, Japanese Prime Minister Sanae Takaichi responded to the question of long-term interest rates exceeding 3% for the first time in 30 years, stating that economic and fiscal operations "must, of course, be based on an assessment and analysis of various economic conditions, including interest rate trends, and appropriate judgments should be made in a timely manner." Regarding interest rate trends, she only stated, "Making specific comments could have unexpected effects, so I will not comment on that." She explained that interest rate levels are determined by the market, influenced by various factors including the policies of other countries. When asked how to ensure market confidence, she emphasized, "We will appropriately address necessary fiscal needs and effectively achieve a balance between a strong economy and fiscal sustainability." She stated that budget preparation reform will be vigorously promoted in accordance with the "Basic Policy for Economic and Fiscal Operation and Reform" ("Bone and Fiscal Policy") established in July. She called for recurring policy measures to be arranged through an initial budget, rather than relying on large-scale supplementary budgets.According to Japans Kyodo News, Japanese Prime Minister Sanae Takaichi stated that Japan will achieve strong economic and fiscal sustainability.September 1st - In early September, border troops from China, Russia, and Mongolia will hold the "Border Defense Cooperation-2026" joint exercise. The exercise will focus on preventing and combating reconnaissance and sabotage activities in border areas, and will include joint planning, joint search, joint strikes and arrests, and joint handover drills. This is the second time the three border troops have organized this series of joint training exercises, aiming to further consolidate strategic mutual trust, deepen border defense cooperation, and jointly maintain security and stability in border areas.On September 1st, eToro Global Market Strategist Lale Akoner stated that rising borrowing costs for the UK government have reached multi-year highs, further increasing pressure on UK public finances. She noted that renewed inflation concerns and fiscal uncertainty ahead of the UK budget announcement on October 28th are driving up UK government bond yields, a trend also fueled by generally higher global sovereign bond yields. LSEG data showed that the yield on 30-year UK government bonds rose to 5.904% intraday, its highest level in over 28 years; the yield on 10-year government bonds rose to 5.255%, its highest since 2008. She stated, "Rising yields are beneficial for increasing incomes, but they put pressure on mortgage lending, interest rate-sensitive stocks, and government finances."According to Saudi media Alhadath, Iranian President Pezechzian stated that pressure and threats from the United States have weakened diplomatic efforts.
