OPEC monthly report leaves U.S. GDP growth forecast at 2.2% for 2026 and 2.0% for 2027.

Tropical Storm Bavi, the year’s ninth system, was centered at 08:00 on July 13 over Sixian County, Suzhou, Anhui (33.4°N, 117.9°E) with maximum outer winds of force 8 (20 m/s) and central pressure 992 hPa. Bavi is moving northeast at 10–15 km/h, expected to weaken slowly, cross the Shandong Peninsula into the northern Yellow Sea during daytime July 14, and gradually become extratropical after July 15.

SUNAC CHINA (01918.HK) slid more than 6% in afternoon trade, extending its fall to a fresh record low.