Italy June PPI unchanged MoM at 0.0%, vs -0.5% in May.

WTI crude oil futures hit an intraday high of $85.39/bbl.

Shanghai municipal government issued its 15th Five-Year health development plan, directing focus on AI-assisted diagnostic software, high-end medical imaging, surgical robots and brain–computer interfaces and accelerating registration and market entry for products that reach the clinical stage. The plan calls for pilot programs letting qualified medical institutions develop and file self-developed IVD reagents aligned with clinical needs and frontier technologies and to promote conversion of such self-developed reagents into registered products. It also mandates deeper health-economics research across the full lifecycle of innovative drugs and devices and encourages relocating production of imported medical devices to domestic manufacturing.