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According to Iranian media Fars News, sources have denied reports that preparations for talks between Iran and the United States in Islamabad have been completed.

2026-07-11

According to Iranian media Fars News, sources have denied reports that preparations for talks between Iran and the United States in Islamabad have been completed.

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2026-07-10

On July 9th, the Buffett Indicator (CSI 300 market capitalization/GDP) rebounded to 92.94%, still fluctuating near the upper end of its ten-year range in the long term. The equity risk premium (ERP) of the CSI 300 Index, a stock-bond ratio indicator,

On July 9th, the Buffett Indicator (CSI 300 market capitalization/GDP) rebounded to 92.94%, still fluctuating near the upper end of its ten-year range in the long term. The equity risk premium (ERP) of the CSI 300 Index, a stock-bond ratio indicator, fell to 5.16%, remaining around 5.2% since July, at the lower end of its range since October 2024, suggesting that the current stock market's yield advantage relative to government bonds is not significant. -------- Note: 1. The Buffett Indicator compares the total market capitalization of the stock market to GDP to determine whether the stock market is currently overvalued. Generally, 70-100% is considered a normal valuation; below this range is considered undervalued, and above is considered overvalued. 2. The risk premium (ERP) of the CSI 300 Index is mainly compared with the returns of the CSI 300 and the yield of government bonds. Statistics from the past 10 years show that this indicator has a clear inverse relationship with the stock index. Every time the stock market is in the bottom area, the risk premium exceeds 6%. That is, when ERP ≥ 6%, the stock market has investment value, while when ERP ≤ 4%, the stock market is often close to or at a stage high, the investment value is low, and there is even a risk of correction.
2026-07-10

The central parity rate of the yuan against the US dollar was raised by 47 basis points to 6.7989, reaching its highest level since February 10, 2023.

The central parity rate of the yuan against the US dollar was raised by 47 basis points to 6.7989, reaching its highest level since February 10, 2023.
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