USD/JPY hit 156.80, signaling a pivot toward accommodative policy that lowers the odds of a first-half interest rate hike.

Netflix shares surged 5% today as unusual call options volume spiked in out-of-the-money tranches. Bullish investors are betting on upside momentum fueled by the Warner Bros Discovery merger saga and robust free cash flow.

Cotton and orange juice futures rallied on speculative short covering, while cocoa prices fell on weak demand.

WTI crude fell toward $65 as a massive US inventory build of 15.98 million barrels triggered oversupply fears. Markets remain cautious as OPEC+ signals production increases ahead of critical US-Iran nuclear negotiations.