Joyoung Co. reported 1H 2026 revenue 3.489 bln yuan, down 12.49% YoY; net profit attributable to shareholders 71.77 mln yuan, down 41.52% YoY; basic EPS 0.10 yuan.

2028 FOMC voting member and St. Louis Fed President Musallam will be interviewed by CNBC in 10 minutes.

JP Morgan says the U.S.-Iran situation held steady this week, lowering the probability the Strait of Hormuz will return to normal before year-end to roughly 30%. The bank notes the U.S. is inclined toward an "unprecedented" campaign of economic pressure, while Iran's short-term interests and incentives for action may not align. Monitor refined-product crack spreads (gasoline/diesel prices minus crude costs), a proxy for refinery margins and product tightness, for signals that Hormuz conditions are materially normalizing or deteriorating.