Arcfox delivered 23,517 vehicles in July, up 150.45% YoY; January–July cumulative deliveries exceeded 100,000 units.

Bloomberg reported the Pentagon's $67 bln emergency supplemental for this fiscal year includes just over $10 bln to buy interceptors and related munitions. The draft submitted to the House and Senate defense committees lists $5.75 bln for THAAD, $5.57 bln for Patriot missiles, $1.9 bln for Standard-6 missiles, $1.3 bln for Tomahawk cruise missiles and $692 mln for precision-strike missiles first used in strikes on Iran. Lawmakers, Pentagon officials and analysts say U.S. weapons stocks are at dangerously low levels after U.S. strikes on Iran and repeated interceptions of drones and missiles targeting U.S. bases in the Middle East.

The US and Japan coordinated one of the largest rebounds in the yen's multi‑year decline via direct yen purchases, officials phoning banks that trade yen and verbal intervention by BESSENT and Japan's finance minister Satsuki Katayama. The prior yen weakness had amplified Japanese inflation and generated global spillovers. BESSENT, citing his hedge‑fund background and market familiarity, said the yen was excessively weak. Coordination between the two governments is the tightest in decades, raising the cost of yen short positions and making speculative selling more difficult, according to Michiyoshi Kato, senior adviser for currency and rates clients at Sumitomo Mitsui Trust Bank in Tokyo. If authorities intervene again, USD/JPY could fall below 155.