USD/JPY, AUD/USD in focus: Katayama flags weak yen, Aussie spending flat

Asian equities slipped in the Asia-Pacific session. The source reports no currency price moves, pip figures or technical levels. For the yen, Japan's Katayama said an undervalued yen is problematic and that she agrees with US Treasury Secretary Bessent on cooperation, which keeps the currency's weakness on the policy agenda for USD/JPY traders. In Australia, household spending was flat in August and missed forecasts ahead of the Reserve Bank of Australia's policy decision, which puts the soft consumption data in focus for AUD/USD. The PBOC set the USD/CNY central rate at 6.7411. In commodities, State Street said gold may test $4,000 on rate fears but that $5,000 is still possible within six months. Other headlines included Singapore allocating US$1.1 billion to five asset managers to boost its equities market, and Anthropic's IPO prospectus showing a $42 billion loss for 2025 and $518 billion in spending plans. For traders, the key points are official comments on the yen for USD/JPY, the RBA decision following weak Australian spending data for AUD/USD, and softer regional risk sentiment.