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* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
Mission Produce reported fiscal third-quarter revenue of $450 million, up 26% year over year, and adjusted EBITDA of $32.4 million. Management also raised its annualized cost synergy target from Calavo integration to more than $30 million.
US manufacturing output MoM increased by 0.2%, matching the 0.2% forecast, versus a previous 0.0% reading.
***General Trend and Developments*** -The Japanese Yen remains slightly offered amid quarter-end and Gotobi. Sato ’s comments are now keenly awaited, especially ahead of the next BOJ decision [Jul 31st]. However, Japan 2-year bond traders seem unfazed given the stronger demand at auction -The PBOC continued to use its