The U.S. S&P/CS 10-City Composite Home Price Index (unadjusted) rose 0.94% month-over-month in May, compared with 1.06% previously.

US Dollar: 1. Trump: I believe Warsh will do the right thing and I know what Warsh wants. The US should have the lowest interest rates globally. Euro: 1. ECB Governing Council member Kazmir: Even with an improved outlook, a rate hike may still be necessary in September. 2. The euro fell to its lowest point this month, pressured by a strong dollar ahead of the Fed decision. Pound Sterling: 1. UK food inflation fell for the sixth consecutive month, with the year-on-year increase dropping to 2.2% in July. 2. ING: The Bank of England is certain to keep its current level unchanged this year; the new prime minister's promise has the market on edge. Japanese Yen: 1. Japanese Prime Minister Sanae Takaichi: Combating inflation is the top priority. 2. According to Nikkei: Japan will significantly expand disclosure of corporate bond transactions to improve market transparency. 3. According to Kyodo News: Japan is considering raising the minimum wage to a maximum of 1,100 yen per hour. 4. Strategists: Takaichi's declining approval ratings may drag down the yen and Japanese bonds. 5. Nikko Securities: Sanae Takashi's proposed tax cut plan may put pressure on the yen and Japanese government bonds. 6. Japanese Finance Minister Satsuki Katayama: Japan's monetary policy has shifted to a stage dominated by interest rate levels. 7. Bank of Japan: Core CPI, excluding special factors, rose 2.7% year-on-year in June, the same as in May. Core-core CPI, excluding special factors, rose 2.0% year-on-year in June, the same as in May. Korean Won: 1. South Korea pledged to take more measures to curb demand for leveraged ETFs. 2. South Korean mortgage rates rose to their highest level in over two and a half years. 3. The sluggish South Korean stock market has driven retail investors to switch to US stocks, with net purchases exceeding 5 trillion won this month. Other: 1. It is reported that the Swiss National Bank plans to maintain zero interest rates until the end of 2027. 2. Reserve Bank of Australia Governor Bullock: The effects of the three rate hikes need to be assessed, and further rate hikes cannot be ruled out. 3. Russian President Putin: The risk of inflation is increasing. 4. Pakistan Central Bank Governor: Pakistan has purchased $28 billion worth of foreign exchange from the market over the past three years to increase its reserves. 5. Traders: The Reserve Bank of India may sell dollars through state-owned banks to push the rupee above 96 rupees to the dollar. 6. Philippine Central Bank Governor: When the dollar is strong, we limit intervention to maintain order; we believe the possibility of aggressive interest rate hikes is small. 7. Central Bank of Malaysia Governor: The Malaysian economy is projected to grow by 4%-5% in 2026; the monetary policy stance is consistent with the domestic growth and inflation outlook.

July 28: South Korea's KOSPI plunged 10.84% to 6,023.63 as Samsung Electronics fell 13.39%, its largest one-day drop in 18 years, and SK Hynix tumbled 14.65%, roughly halving from June highs. Several Korean outlets linked the rout to the IPO/listing of China's largest semiconductor firm ChangXin Memory, saying investors fear funds raised could accelerate its catch-up with Samsung and SK Hynix. Z-Ben Advisors analyst Peter Alexander told CNBC that, by analogy with steel and electric-vehicle sectors, ChangXin could rapidly capture low-end memory market share and ultimately challenge the dominance of Samsung, SK Hynix and Micron.