Iran's Fars News reports that in Omidiyeh, Khuzestan province, explosions may be heard today as unexploded ordnance is destroyed.

July 27 — Trading in Changxin Technology briefly stalled shortly after the market open; some investors reported they could not trade or cancel orders. Trading gradually resumed. A securities‑firm branch confirmed the disruption and said the new listing had seen unusually large turnover for a newcomer.

BlueBay chief investment officer Mark Dowding said investors have reason to expect Fed chair KEVIN WARSH to favor hawkish rhetoric to shore up his anti-inflation credentials, though he is unlikely to take policy action immediately. He warned this could further flatten the US yield curve in the near term, but said deteriorating US fiscal fundamentals and rising US spending on the Middle East conflict under Trump could eventually re-steepen the curve.