Central Bank of Nigeria governor said Nigeria's net foreign-exchange reserves rose from roughly $3–4 bln in 2023 to over $40 bln.

On July 16, Shanghai and Shenzhen combined turnover totaled CNY 2.404 trillion, down CNY 167.59 billion from the prior session. Shanghai turnover was CNY 1,124.21 billion (prev. CNY 1,226.30 billion) with volume 535 mln lots (prev. 576 mln); Shenzhen turnover was CNY 1,279.36 billion (prev. CNY 1,344.86 billion) with volume 666 mln lots (prev. 689 mln). Zhongji Xuchuang led stocks by turnover at CNY 34.47 billion, followed by Dongshan Precision CNY 30.68 billion, GigaDevice CNY 28.81 billion, Lanqi Technology CNY 25.58 billion and Xinyisheng CNY 22.05 billion.

Sources say crude shipments from all Iraqi oil loading terminals have been suspended after a drone collided with an oil tanker.