Developing storylines
the narratives behind the headlines
- •PBOC plans new Macro Prudential Assessment metrics to curb banks’ long-dated bond holdings amid a bond-market rally.
- •China retail sales miss forecasts while investment growth slows in August, highlighting weak consumer demand.

- •Bessent warns currency traders not to bet against yen.
- •Speculators flipped to net long yen contracts for the first time since February on BOJ rate-hike bets.