US June construction spending MoM -0.1% vs +0.2% expected; May revised to 0.0% from +0.1%.

Iranian foreign ministry spokesman BAGHAEI said an agreement with Oman on air routes is insufficient to reopen the Strait of Hormuz, and the situation will remain unchanged as long as US "aggression" continues.

China Academy of Information and Communications Technology (CAICT) estimates China's AI industry will exceed 1.2 tln yuan in 2025, up 40% YoY. As of June 2026 there are over 6,600 AI firms in China, about 15% of the global total. CAICT divides the industry into base, model/framework and application layers: in 2025 the base layer grew 59% YoY and accounted for 38% of the industry, the model/framework layer grew 189% YoY and accounted for 7%, and the application layer grew 22% YoY and accounted for 55%.