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Japan's current account after seasonally adjustment in May was 30.645 billion yen, expected to be 3.2167 billion yen, and the previous value was 4.2111 billion yen.

According to Axios: A US official said that Trump approved the strike plan against Iran during the NATO summit in Türkiye and ordered its implementation today. It's unclear how long the crackdown will last.

Japan's trade balance for May is due in ten minutes.

According to the Wall Street Journal: The U.S. Department of Agriculture informed the White House of Walmart's (WMT.N) price reduction plan. Trump tweeted on Monday that this was the result of government pressure. Minutes later, Walmart issued a press release saying it would cut prices on thousands of items to help consumers.

According to the Wall Street Journal: In the days leading up to July 4th, the U.S. Independence Day, U.S. Agriculture Secretary Rollins’ chief of staff communicated with a number of food retailers and asked these companies about their beef sales before the holiday weekend. In a call between the U.S. Department of Agriculture and Walmart (WMT.N), Walmart said it had planned to lower prices on a variety of items over the summer, including beef.

The state of Oregon is seeking documents related to Paramount's lobbying of the Trump administration to support the deal, court records show.

Court records show that the U.S. state of Oregon requested the court to order Paramount Sky Dance to comply with merger-related investigative requirements. The Oregon Attorney General said in court documents that Paramount plans to complete the acquisition of Warner Bros. on July 16.

According to the Islamic Republic of Iran Broadcasting and Television (IRIB): U.S. Central Command is striking targets that Trump claimed to have destroyed four months ago, so one of them is lying.

According to Iranian state television: Iranian President Pezhiziyan has left Iraq and returned to Iran after the United States launched air strikes in southern Iran.

Adviser to the Minister of Interior of Ukraine: Borisoglebsk air base caught fire after a drone attack in Voronezh Oblast, Russia. Ukraine continues to undermine Russia's military potential.

On the 8th local time, the government of Hormozgan Province in southern Iran stated that as of now, it has not received any reports of civilian casualties caused by the US attack.

Market news: Japan is considering adjusting monetary policy-related statements in its economic outlook report.

South Korea's Ministry of Foreign Affairs: South Korea, the United States and Japan signed a memorandum of cooperation on the deployment of small modular reactors.

U.S. stock index futures opened slightly lower on Wednesday.

According to CNN: U.S. officials stated that this strike against Iran was a "punitive action, not a reciprocal response" and said that the operation "will not end in a short time."

According to Axios: A U.S. official said the targets of the strike included Iranian air defense systems, coastal surveillance systems, surface-to-air missile facilities, anti-ship cruise missile sites, drone launch facilities and port facilities.

Conflict situations1. The United States has revoked a general license authorizing Iranian oil sales, and the related closing transactions will be allowed to continue until midnight Eastern Time on July 17. It is reported that the move was in response to Iran's recent firing on three merchant ships in the Strait of Hormuz. 2. Iran's Ministry of Foreign Affairs: Some merchant ships sailed without coordination and turned off or tampered with AIS signals, hindering safe navigation in the Strait of Hormuz. Regional countries and shipping companies are urged to avoid taking any actions that violate the memorandum. 3. Foreign media: The President of Lebanon is expected to visit the White House on July 21. 4. Netanyahu: Erdogan is not a "frenemy", he is completely an enemy. 5. U.S. Central Command said U.S. Central Command forces have begun launching a series of powerful strikes against Iran in response to Iran's targeting and attacks on commercial shipping operated by civilian crews in international waterways. 6. Iran's Foreign Ministry: Condemns the U.S. Treasury Department's lifting of a temporary suspension of sanctions on Iran's oil sales. US-Iran Negotiations1. Iranian Foreign Minister Araghchi: If the threat continues, negotiations on the final agreement will not start. Please keep your promise. 2. Rezai, Advisor to Iran’s Supreme Leader: It is clear that the United States will cause the negotiations to fail. 3. Lebanese diplomatic sources said Lebanon has refused to hold the sixth round of Lebanese-Israeli negotiations in Rome, insisting that negotiations should continue in Washington. Strait of Hormuz1. A liquefied natural gas carrier was attacked in the Gulf of Oman. 2. According to Iran Press TV: Multiple explosions occurred in the southern port city of Sirik in Iran. 3. According to Iranian media: Explosions were heard from Qeshm Island and Bandar Abbas Port in southern Iran. 4. British Maritime Agency: Hormuz threat level raised to "severe". Other situations1. A series of explosions have occurred in Damascus, Syria, and security sources said the location was close to a hotel where French President Emmanuel Macron is staying. 2. Qatar's foreign ministry summoned Iran's deputy ambassador to protest against actions targeting Qatari LNG tankers in the Strait of Hormuz. 3. Jordanian Foreign Ministry: We condemn Iran’s attack on a Qatari oil tanker passing through the Strait of Hormuz. 4. Secretary-General of the Gulf Cooperation Council: The attack on the Saudi oil tanker reflects the continuation of Iran’s hostile practices.

UK Government: The UK will lead a European initiative to increase funding for deep precision strike capabilities. Under the new initiative, allies will invest $50 billion over the next 10 years to develop deep precision strike capabilities.

According to CNBC: Netflix (NFLX.O), Disney (DIS.N) and YouTube are interested in bidding for the U.S. broadcast rights of the World Cup. The relevant copyright packages may be worth as much as $2 billion. Negotiations between FIFA and potential media partners are expected to begin within the next three months.

Iran's Foreign Ministry: Iran holds the US government responsible for the consequences of "violating" the Islamabad Memorandum of Understanding that ended the war.