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On July 29, Li Chenggang, China's international trade negotiator and vice minister, met with Wilmar Coolidge, chairman and CEO of Honeywell Technologies.

2026-07-31

On July 29, Li Chenggang, China's international trade negotiator and vice minister, met with Wilmar Coolidge, chairman and CEO of Honeywell Technologies.

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2026-07-31

Bank of Japan Governor UEDA said exchange-rate effects on prices are now larger than in the past.

Bank of Japan Governor UEDA said exchange-rate effects on prices are now larger than in the past.
2026-07-31

Energy: 1. Saudi Arabia's economy suffered its biggest contraction since 2020 as war impacted oil exports. 2. Europe is ravaged by heatwaves, leading France to shut down more nuclear power plants. 3. Turkey is expected to continue receiving oil su

Energy: 1. Saudi Arabia's economy suffered its biggest contraction since 2020 as war impacted oil exports. 2. Europe is ravaged by heatwaves, leading France to shut down more nuclear power plants. 3. Turkey is expected to continue receiving oil supplies from Iraq. 4. Kazakhstan's Ministry of Energy: Kazakhstan is negotiating with Russia regarding the processing of Russian crude oil at Kazakh refineries. 5. Russia extends its diesel export ban until January 31, 2027. 6. Shell CEO: Tightening conditions are expected in the LNG market in the coming quarter. More LNG is shifting from Asia to Europe. 7. Portuguese media: Portugal approves a temporary windfall profits tax on oil companies. 8. Burnham hints at increased drilling activity in the UK North Sea. Agriculture/Mining: 1. World Gold Council: Global central banks and other official institutions' net gold reserves increased by 62% year-on-year in the second quarter. 2. Trump orders restrictions on the export of electronic waste containing critical minerals. 3. Stock market gains offset gold price declines, and the Swiss National Bank's profits rebounded. Iran Situation: 1. Pakistan says the US and Iran are still negotiating over the Strait of Hormuz. 2. Netanyahu: Does not believe the Strait of Hormuz will become a strong bargaining chip. 3. Oil transshipment through the Strait of Hormuz rebounded after a brief slump.
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