ADP报告：7月份，转职者薪资增长加速。上个月，留任员工的薪资涨幅保持在4.4%，而转职者的薪资增长则升至7%，创下自2025年8月以来的最大同比增幅。

The UN Food and Agriculture Organization warned prolonged Middle East and Russia-Ukraine conflicts, El Nifio-driven crop declines and rising input costs could trigger a new round of global food-price inflation. FAO flagged rising oil, fertilizer shortages in the Gulf, diesel shortfalls and extreme weather as near-term cost drivers and said Strait of Hormuz disruptions would hit agricultural inputs and logistics — Brent supports pumping, processing and transport while natural gas is central to fertilizer production. FAO chief economist Maximo Torero said commodity prices are beginning to rise and expects food prices to start increasing by year-end, with larger gains next year; pass-through to consumer prices typically takes about three to six months.

美联储卡什卡利：明确美联储的反应机制对市场参与者有利。