白宫国家经济委员会主任哈塞特：婴儿潮一代正在退休。

U.S. President Trump will convene senior executives from major global miners at the State Department on Aug. 7 to secure supplies of critical minerals for the U.S. and its allies. Reuters reported Washington urgently needs such minerals to replenish weapons stocks depleted during the Iran conflict. Expected participants include Rio Tinto, BHP, Freeport-McMoRan, MP Materials, Energy Fuels and Canadian metals firms. Sources say the administration plans to announce several commercial deals and memorandums of understanding.

Japan’s Tokyo Stock Exchange benchmark index will undergo its largest reconstitution on record, with analysts estimating more than 600 companies could be phased out. Under a new inclusion rule, firms ranking in the bottom 3% by free-float market cap among TSE-listed companies as of August will be removed from the benchmark gradually from October over a two-year window. The prospect is prompting small-cap issuers to take defensive steps this month; delisting from the index would likely pressure prices and reduce liquidity. The change responds to investor complaints that the benchmark contains too many small, illiquid names and raises replication costs. Mizuho senior quant Akemi Hatano said some investors are already shorting small caps expected to be removed, creating scope for short-covering if market odds shift and companies remain in the index.