Japan PM Sanae Takaichi Unveils Growth Plan as BOJ Independence Concerns Lift Bond Yields 
Trump Unveils $3 Billion U.S. Critical Minerals Push 
US Dollar Near Two-Month Low as Markets Await Inflation Data 
South Korea Raises Interest Rates to 2.75% as Inflation and Weak Won Drive Tightening 
Asian Stocks Mixed as Chip Selloff Hits KOSPI, Nikkei Ahead of US Jobs Data 
China Trade Surplus Beats Forecasts in July as Exports Stay Strong 
The People’s Bank of China (PBoC) is expected to remain calibrated and restrained in policy easing, according to the latest research report from Commerzbank.Both China and the US have taken mini but continuous steps before the formal October trade talks.
After both sides have waived tariffs on some billions of imports, China is poised to purchase more US farm goods according to latest media reports, which has created some favourable conditions for the upcoming negotiations. President Trump reiterated that he would want to seek a "great" deal.
On a separate note, PBoC's governor Yi Gang yesterday said that the policy makers aim to prevent financial system from destabilizing, signaling that the central bank has little intention to conduct aggressive monetary easing despite growth slowdown, the report added.
