Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens 
South Korean Stocks Tumble as AI Chip Selloff Hits Asian Markets 
China Services PMI Beats Forecasts as Strong Demand Supports June Growth 
RBA Minutes Signal Australia Central Bank Remains Ready to Raise Interest Rates if Inflation Persists 
Brazil to Phase Out Gasoline Subsidy First as Diesel Support Stays Longer 
US Resumes Dollar Shipments to Iraq After Months-Long Suspension 
BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei 
Japan Signals Preference for Low Interest Rates as BOJ Policy Debate Intensifies 
Japan Signals Readiness to Act on Yen as Intervention Speculation Grows 
US Stock Futures Hold Steady Ahead of June Jobs Report as Fed Rate Outlook Remains in Focus 
Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows 
Denmark Central Bank Intervenes to Support Krone Peg Against Euro 
This chart from bondvigilantes.com shows the close and cozy relationship between the yield of the 10-year bund and equity prices of the banks.
The market doesn't seem to agree with the European Central Bank's (ECB) narrative that the negative rates do not hurt banks.
