Eurozone bond yields fell; Germany's 2-year Bund yield down about 2bp, 4bp lower on the day at 2.74%.

CHINA'S CPU MAKER HAIGUANG said on its official account that on July 27 Moonshot AI released the open-source large model Kimi K3. HAIGUANG completed Day-0 end-to-end adaptation, deployment and performance validation of Kimi K3 on its DCU platform the same day.

Reserve Bank of Australia Governor Bullock said inflation remains too high and the RBA cannot rule out further rate increases. She said the bank is prepared to act as needed to meet its policy goals, including raising the cash rate. But the RBA is not rushing to hike and prefers to assess the impact of the Middle East conflict and whether the three rate rises earlier this year will be sufficient to curb price pressures. Bullock added that demand growth may need to slow further for inflation to sustainably return to target and that global conditions and the economic outlook are more uncertain, while the RBA’s objectives of price stability and full employment remain unchanged.