Domestic News:
1. Ministry of Commerce: China and the US are soliciting opinions on tariff reduction arrangements and will expedite implementation.
2. State Council issues the "National Fitness Plan (2026-2030)".
3. Wang Hong and Deng Yu win the Fields Medal, marking a historic breakthrough in Chinese mathematics.
4. Changxin Technology: To be listed on the Shanghai Stock Exchange's Science and Technology Innovation Board on July 27.
5. People's Bank of China: To conduct 500 billion yuan of MLF operations on July 24, with a term of one year.
6. China Securities Regulatory Commission holds a symposium on Party building and regulatory work: Ensuring a good start for the capital market during the "15th Five-Year Plan" period.
7. National Press and Publication Administration releases information on online game approvals for July 2026, with 197 games receiving licenses.
International News:
1. The US imposes tariffs of 10% to 12.5% on 60 economies to replace expiring global import tariffs.
2. LNG buyers plan to pressure Qatar and the UAE on prices. 3. The White House is reportedly considering using the Silicon Valley Bank scandal report to dismiss Federal Reserve Governor Barr.
4. The European Central Bank kept interest rates unchanged as expected, but left room for a rate hike in September.
5. The US Treasury Department stated that despite the narrowing US-Japan interest rate differential, the yen's weakness persists, and excessive yen volatility is unwelcome.
6. The US House of Representatives passed a resolution demanding a halt to military action against Iran, while the Senate blocked another similar resolution.
7. Sources indicate that OPEC+ may decide at its August 2nd meeting to increase September oil production quotas by approximately 188,000 barrels per day.
8. AMD: The AI accelerator market is projected to reach $1.4 trillion by 2030. Helios is now in full production.
9. US initial jobless claims for the week ending July 18th were 187,000, compared to an expected 212,000.
10. Overnight Market Update—Brent crude futures broke through $100/barrel for the first time since May; WTI crude surged as much as 8%; spot gold fell 2%; silver fell nearly 4%; the Nasdaq fell over 2%; Tesla fell 14%; and the 10-year US Treasury yield hit an 18-month high.
11. Middle East Situation—
① Trump: "Seriously considering" restarting large-scale military action against Iran, close to making a decision. Iran wants negotiations, but is not ready; they haven't suffered enough.
② Trump: If the Houthis attack ships again, the US will hold Iran accountable.
③ The US deployed B-1 bombers, escalating attacks on Iran.
④ Iran warned Britain against allowing US troops to use bases to attack Iran.
⑤ During a visit to Iran, the Iraqi Prime Minister stated that Iraq will not allow actions threatening Iran to be launched from its territory.
⑥ The US pressured Saudi Arabia to sign the "Abraham Accords," otherwise the nuclear agreement would be null and void.
⑦ US President Trump: Any and all damage caused to ships, cargo or anything related will be compensated by Iranian funds currently held and controlled by the United States.
