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Australian officials say the new US tariffs are "unjustified" and are disappointed with the US decision.

2026-07-24

Australian officials say the new US tariffs are "unjustified" and are disappointed with the US decision.

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2026-07-24

On July 23, the Buffett Indicator (CSI 300 market capitalization/GDP) rose to 88.12%, 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

On July 23, the Buffett Indicator (CSI 300 market capitalization/GDP) rose to 88.12%, 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 5.14%, still fluctuating around the 5.2% fluctuation center since July, and at the lower end of the fluctuation 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.
2026-07-24

The Central Bank of Russia predicts GDP growth of 0.0-1.0% in 2026 (previously forecast at 0.5-1.5%).

The Central Bank of Russia predicts GDP growth of 0.0-1.0% in 2026 (previously forecast at 0.5-1.5%).
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