- Fighting between Israel and Hezbollah escalated into a wider war, while JD Vance held talks with Iranian officials and the U.S. Treasury issued oil sanctions waivers.
- Katayama and Scott Bessent discussed the impact of the Iran conflict on global markets.
- Scott Bessent has been confirmed as U.S. Treasury Secretary and is speaking on U.S. economic strategy.
- Scott Bessent is observing the market risks stemming from potential bond sales in Japan and the resulting pressure on the global financial stability due to the weak yen.
Pioneer Investments analyzes Japan's FX move, noting that both nations reduced foreign holdings of US Treasuries.
1 report, 1 independent
Updated Aug 1
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What happened
Pioneer Investments analyzes Japan's FX move, noting that both nations reduced foreign holdings of US Treasuries.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Pioneer Investments
company
Nothing else this week.
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China
cultural region, ancient civilization, and nation in East Asia; mostly refers to the People's Republic of China in political situation and rarely refers to the Republic of China
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Scott Bessent
United States Secretary of the Treasury