IVASCYN, Chief Investment Officer of PIMCO: If the US debt ceiling problem persists, it may become another source of credit crunch, increasing the risk of a hard landing.

IVASCYN, Chief Investment Officer of PIMCO: The impact of the US debt default on bond yields is not yet obvious.

IVASCYN, Chief Investment Officer of PIMCO: But it is expected that the United States will need to conduct repeated negotiations on the debt issue.

IVASCYN, Chief Investment Officer of PIMCO: The possibility of a complete debt default in the United States is very low.

US Senate Majority Leader Schumer: Democrats unanimously support debt ceiling plan.

The Australian dollar AUD/USD was down 0.50% on the day to trade at 0.6593.

Brent crude oil fell to 78 US dollars / barrel, a new low since the end of March, and fell 3.21% on the day.

US Senate Minority Leader Mitch McConnell: US President Biden and US House Speaker McCarthy need to reach an agreement on the debt ceiling.

Nancy Mace, Republican of the United States: I am now in favor of the debt ceiling bill, and I have previously expressed opposition.

South Korean President Yoon Seok-yue: Agreed to continue efforts to strengthen the tripartite cooperation between South Korea, Japan, and the United States.

South Korean President Yoon Suk-yue: South Korea and the United States signed a separate statement agreeing to strengthen investment in quantum technology.

South Korean President Yoon Suk-yue: Agreed to negotiate with the U.S. on an inflation-cutting bill.

Fitch: The strong rebound in U.S. home sales may be temporary, and mortgage rates are expected to remain high for an extended period of time.

South Korean President Yoon Suk-yue: The United States and South Korea agreed to strengthen economic partnerships in areas such as chips, electric vehicles and batteries.

Fitch: U.S. national home sales are likely to continue to grow at a slower pace as affordability concerns and inventory shortages persist.

The U.S. Department of Transportation said the Republican proposal would cut nearly $5.2 billion in funding for U.S. public transit and highway infrastructure projects.

The U.S. Department of Transportation estimated that the Republican proposal would shut down service to 375 air traffic control towers run by federal employees and contractors, adding more than two hours to wait times at large airports.