China reiterated that the Taiwan question is a domestic issue and opposed weapons sales to Taiwan by countries with formal ties to Beijing.
(@FirstSquaw)

China reiterated its opposition to any military engagement or ties between Washington and Taipei, according to the Taiwan Affairs Office.
(@FirstSquaw)

Taiwan shares dropped by more than 2%, reflecting broad market weakness.
(@FirstSquaw)

British Pound seems vulnerable near two-week low vs USD; GBP/USD holds above 1.3500-FX
(@FirstSquaw)

New Zealand 2Y Inflation Expection Q2: 2.53% (prev 2.37%)
(@FirstSquaw)

Trump said he intends to request Chinese President Xi Jinping to “open up” the Chinese economy.
(@FirstSquaw)

VIETNAM ASKS US TO LET CRUCIAL OIL TANKER SLIP PAST HORMUZ BLOCKADE-SCMP
(@FirstSquaw)

Needham lifted its price objective for Camtek Ltd from $175 to $190.
(@FirstSquaw)

Indonesia’s financial authority noted that MSCI’s rebalancing represents a short-term impact of the country’s reform process.
(@FirstSquaw)

Indonesia’s regulator stated that near-term weakness in stock prices is an anticipated outcome of current market conditions.
(@FirstSquaw)

Indonesia’s regulator stated that the market is still viewed positively, with no downgrade and continued presence in the emerging market index.
(@FirstSquaw)

India’s rupee opened nearly flat at 95.61 per dollar, versus a prior close of 95.62.
(@FirstSquaw)

US INTELLIGENCE SAYS IRAN STILL HAS ABOUT 70% OF ITS MISSILES LEFT DESPITE THE WAR

IRAN HAS ALSO REGAINED ACCESS TO MOST MISSILE BASES NEAR THE STRAIT OF HORMUZ, CONTRADICTING WHITE HOUSE CLAIMS THAT IRAN’S MISSILE POWER WAS LARGELY DESTROYED
(@FirstSquaw)

JPMorgan set to reshuffle investment bank chiefs amid wider shake-up-FT
(@FirstSquaw)

Daihatsu Motor, a Toyota subsidiary, plans to manufacture hybrid vehicles in Malaysia starting around FY2028/29, according to Nikkei.
(@FirstSquaw)

Truist Securities raised its target price on Praxis Precision Medicines Inc to $715 from $700.
(@FirstSquaw)

TD Cowen lifted its target price for Rockwell Automation Inc from $350 to $400.
(@FirstSquaw)

Wedbush lifted its price target for Oracle Corp from $225 to $275.
(@FirstSquaw)

The IDX chief said the MSCI announcement has lowered uncertainty surrounding Indonesia’s financial markets.
(@FirstSquaw)

MUFG seeks to offload risk tied to $2bn of private credit loans-FT
(@FirstSquaw)

Europe’s few AI plays soar as US tech frenzy goes global-FT
(@FirstSquaw)