China A-share pork-related stocks rallied: Luoniushan, Boen Group, Zhenghong Technology and Bangji Technology hit the daily limit; Shennong Group climbed over 9%; Tangrenshen, Xin Wufeng, Zhengbang Technology and Dongrui Co. also gained.

Bank of England chief economist Pill said fine-tuning interest rates is problematic amid energy-price uncertainty.

Chinese public funds' 2026 mid-year filings show FOFs holding large core positions in gold and broad-market ETFs such as CSI 300 and STAR 50. FOFs increased allocations in 1H to sector ETFs — notably telecoms, semiconductors, power-grid equipment and nonferrous metals — which were the primary sources of incremental exposure. The prevailing positioning pairs stable base allocations in gold, broad ETFs and fixed income with directional industry-ETF bets.