A China-Russia naval task group arrived in Vladivostok on July 29, ending a bilateral maritime patrol. The formation included Chinese missile destroyers Kaifeng and Anshan and replenishment ship Kekexili Lake alongside a Russian frigate. The group sailed from Qingdao on July 13, transiting multiple straits and operating in the western Pacific, the Sea of Okhotsk and the Sea of Japan. Exercises included cross-deck helicopter transfers, counterterrorism, humanitarian assistance and boarding-and-se

市場消息：約旦發生多起重大爆炸。

Market takeaway: Fed Governor Waller is widely expected to maintain the terse, June-style communication approach and provide little new forward guidance, keeping headline market signals limited. FHN: Tone likely as hawkish as June but with equal or less tradable information. Wells Fargo: Biggest change would be in communication and forward-guidance flexibility; investors should expect more policy flexibility. BNP Paribas: Likely a short opening, concise answers and very limited forward guidance; remarks should align with congressional testimony. TD Securities: Unlikely to offer forward guidance; will reaffirm price-stability commitment, note recent disinflation while stressing inflation remains elevated. Saxo Bank: Watch for a possible announcement to stop publishing the dot plot or summary forecasts from September. JP Morgan: Low expectations for new information given Waller’s recent brief, broad communications; unlikely to give explicit forward guidance. Societe Generale: Will reiterate commitment to disinflation to 2% while acknowledging inflation may be stickier than expected; welcomes June inflation prints but will stress need to confirm the downward trend. Goldman: Unlikely to map a clear future policy path; may outline timelines for work by five Fed working groups. WSJ reporter Nick: If the Fed hikes, market reaction will hinge on whether Waller frames it as a one-off response or the start of a sustained tightening cycle.