美国至7月22日20年期国债竞拍-投标倍数 2.64，前值2.75。

China's finance ministry said in 1H the more active fiscal policy supported major strategic tasks and safeguarded and improved livelihoods. The ministry accelerated budget disbursements: it completed budget approvals for all central departments by end-March, and as of end-June had issued 9.4 tln yuan in central-to-local transfer payments, equal to 90.3% of the year's initial budget and 0.5ppt ahead of the same point last year.

UK June unadjusted output PPI YoY 3.5% (consensus 3.5%); May revised to 3.7% from 4.0%.