Spot palladium fell 3% on the day.

RBI: Concerns about build-up of financial system vulnerabilities remain, exacerbated by impact of monetary tightening.

RBI: Financial system needs to adopt nimble, precautionary approach to prevent incipient signs of stress in early warning indicators.

Reserve Bank of India: Under the baseline scenario, the ratio of system-level capital to risk-weighted assets in March 2024 is expected to be 16.1%.

RBI: Macro tests show banks can meet minimum capital requirements even under adverse stress scenario.

RBI: Under severe stress scenario, non-performing loan ratio of state-owned banks may rise to 6.1% in March 2024 from 5.25% in March 2023.

RBI: The balance sheets of both the banks and the corporate sector are currently strengthened.

RBI: Emerging market economies may face significant spillover risks, asymmetric effects of macro-financial instability.

RBI: According to the stress test results, the non-performing asset ratio of all banks may increase to 3.6% in March 2024 under the baseline scenario.

GBP/USD fell back below 1.27, down 0.37% on the day.

Intesa Sanpaolo repaid 31 billion euros of targeted long-term refinancing operation (TLTRO) loans, reducing its exposure to about 45 billion euros.

German bunds continued to rise, with the two-year yield falling 5 basis points to 3.11%.

Danish government: Alternatives will be considered to reduce costs for North Sea energy islands.

According to the Wall Street Journal: As part of the restart plan, the cryptocurrency exchange FTX may rename the exchange.

According to the Wall Street Journal: The cryptocurrency exchange FTX has begun negotiations to restart the flagship international encryption exchange.

Danish government: Postpone decision on North Sea energy island due to high costs.

JPMorgan Chase: Oil supply is expected to rise from 99.1 million barrels per day in 2022 to a peak of 104.5 million barrels per day in 2027, before falling back to 102.6 million barrels per day in 2030.

Northern Vietnam may experience a heat wave in the days following June 29.

National Bank of Ukraine (NBU): The share of non-performing loans in Ukraine may rise to 20% in 2023.