Be in the know. 5 key reads for Thursday…

  1. Yen Surges as Traders Bet the Big Turning Point Is Finally Near (bloomberg)
  2. Japanese Population Falls at Fastest Pace in Demographic Crisis (bloomberg)
  3. Japan Business Service Prices Jump, Backing Case for Rate Hike (bloomberg)
  4. China Unexpectedly Cuts One-Year Policy Rate by Most Since 2020 (bloomberg)
  5. ‘Magnificent Seven’ stocks see worst drop since launch of ChatGPT — with $1.7 trillion in value erased in 2 weeks (marketwatch)