Seoul will take a close look at the terms of a U.S.-Japan trade deal, South Korea's industry minister said on Wednesday, holding out the prospect of greater cooperation in the energy and industrial sectors ahead of key trade talks in Washington.

US-China trade talks will be the main event of the week, along with China’s July purchasing managers’ index. Other key data reports are expected from South Korea, Japan and Taiwan. The Bank of Japan is seen leaving rates unchanged

Two of President Donald Trump’s top trade negotiators hailed their approach toward addressing trade grievances with Japan as a possible incentive for the European Union, as negotiations come to a head before an Aug.

GBP/USD is having a tough time reclaiming 1.3500 on Tuesday as markets adopt a cautious stance. In the absence of high-tier data releases, investors refrain from taking large positions, while keeping an eye on Trump-Powell drama and US tariff talks.

Japanese Yen braces for tariff deadline and BoJ rate clues as US-Japan trade talks resume. USD/JPY eyes 149.35 on Fed commentary and risk sentiment.