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Global Markets

The Bank of China HK (3988 HK) and HSBC (0005 HK) have raised mortgage cash rebates in Hong Kong, with the cash rates for mortgages having been increased to up to 1.4% (prev. 1.2%)

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Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

Geopolitics

US Treasury official says the latest removal of sanctions on Iran is not indicative of any shift in US policy toward the Government of Iran, Fox's Heinrich reports

Fed

Fed's Kashkari (2026 voter, Hawkish dissenter) says now is the time to start slowly moving up rates, but not calling for dramatic rate hikes