Mexico’s president sheinbaum said the US focus in the USMCA revision is rules of origin.

In the July 23 (Thursday) evening session, Shanghai Gold Exchange gold T+D closed down 2.05% at 882.1 yuan/gram; silver T+D closed down 3.82% at 14,058 yuan/kg.

Hong Kong’s SFC issued a revised circular requiring leveraged and inverse products whose capacity is highly sensitive to market moves to adopt a flexible leverage structure. Under the new framework, leverage may be adjusted daily within existing caps (leveraged products up to 2x; inverse products down to -2x). Product providers may lower target leverage when necessary to create headroom to manage products during periods of heavy trading. The leverage for the next trading day must be disclosed after each market close. Daily potential adjustments will reinforce these products’ single-day nature and remind investors they are not suitable for holding beyond one trading day.