Chinese markets reopen as PBOC sets yuan midpoint and injects liquidity via 7-day reverse repos.
Australia’s minimum wage increases 3.5% to $24.94/hour, aiding 2.6 million workers, exceeding inflation rate.
Bank of Japan may halt quarterly bond purchase cuts amid rising yields and concerns over economic management.
BOJ faces pressure to slow bond taper amid yield volatility and low demand, especially for super-long bonds.
UK and U.S. officials meet to address new steel tariffs and finalize details of informal trade agreements.
New Zealand’s terms of trade rose 1.9% in Q1 2025, supported by dairy-driven export price increases.
Euro supported by ECB policy, strong German data; potential US asset shifts may limit further gains.
Trump’s stance against Iran’s uranium enrichment may hinder deals, offering slight support to rising oil prices.
Catherine Mann highlights US policy’s impact on UK assets, emphasizing QT’s role in bond market stability.
Tariff tensions with China weaken USD; Trump doubles metal tariffs; stocks rise as GDP forecast improves.
Insights 
VT 
