ChiNext Index fell 1% after earlier rising more than 1%; Shenzhen Composite Index down 0.62% and Shanghai Composite Index down 0.14%. PCB sector slid amid volatility.

Ukraine President Zelenskiy said intelligence again indicates Russia is preparing a new large-scale strike and urged people to stay safe and heed air-raid alerts.

Market movers this week: Fed minutes on Thursday; China June CPI and June FX reserves; SK Hynix ADR tentatively set to list on Nasdaq July 10. Monday: U.S. June ISM non-manufacturing final, S&P Global services PMI final and global supply-chain stress index; eurozone June PPI and July Sentix confidence; speeches from Fed Governor Waller and ECB executive board members Schnabel and Wunsch. Tuesday: China publishes June foreign-exchange reserves; U.S. ADP payrolls and May trade balance; U.S. Trade Representative holds hearings on proposed extra tariffs covering ~60 economies (potential trade-policy shock). Turkey hosts NATO summit through July 8. Wednesday: EIA monthly short-term energy outlook; weekly U.S. EIA and API crude inventory prints and Cushing stock update; New Zealand rate decision and RBNZ press conference (July 8). Thursday: Fed minutes and ECB minutes; 10-year U.S. Treasury auction (stop-out yield and bid-cover ratio released); China June CPI YoY; FOMC permanent voter and NY Fed President Williams speaks. Friday: China June M2 YoY; Canada June employment report; IEA monthly oil market report; SK Hynix ADR expected to debut on Nasdaq July 10; New Zealand market holiday (exchange closed one day). Weekend/Saturday: U.S. weekly rotary and oil rig count to July 10.