Trump said he would wait out the storm and would not allow rain to interrupt the 250th anniversary events.

Financial Times reports France’s push to exclude the UK from the EU’s €150bn arms-reconstruction fund Safe has backfired, leaving France with €15.1bn of the €16.2bn it applied for, three people familiar told the paper. The roughly €1.1bn shortfall reflected projects linked to the UK failing to meet strict eligibility rules France had promoted, the sources said. The disqualified work included projects involving missile-maker MBDA; MBDA’s UK and French units jointly produce the long‑range Storm Shadow missile used by Ukraine.

China's logistics prosperity index rose to 50.6 in June, up 0.3 ppt MoM and remaining in the expansion range, with a balanced recovery across regions. Nine of 12 sub-indexes were in expansion; the business volume index was 50.6 (+0.3 ppt MoM) and the new orders index 50.3 (+0.1 ppt MoM). Manufacturing logistics demand firmed — strongest gains in electronic/mechanical equipment, communications equipment, transportation equipment and energy‑saving home appliances — while household consumption logistics were stable, with holiday spending boosting wholesale, retail chains and some supermarkets.