Iran's foreign minister Araghchi said some inside the U.S. government are ignoring reality and focusing only on the 2028 election, and that their push for reckless aggression will only force the U.S. president to pay a higher price to secure any agreement.

英國7月製造業PMI初值 52.8，預期52，前值52.5。

ECB executive board member SIMKUS said inflation risks are skewed to the upside and current conditions are highly supportive of inflation. While second‑round effects have not yet emerged, inflation is likely to remain above target for a prolonged period and will require policy response. Oil returned to $100/bbl yesterday, which will feed into inflation. Given high uncertainty, the ECB is more likely to raise rates than to keep them unchanged.