US Q2 preliminary real personal consumption expenditures (PCE) rose 3.2% QoQ, versus a 2.3% consensus and a 0.5% prior reading.

Shanghai brokerage commission rates have continued to slide. The 2025 average commission fell below 2 bps; in 1H2026 the A-share average dropped to 1.7 bps. Industry participants say commissions have entered a micro-profit era and pure price-war customer acquisition is no longer sustainable. Brokers should reduce reliance on channel fees and shift from low-price, low-service models to compete on transparent pricing and high-quality service to safeguard investor rights.

President Trump ordered procurement of new equipment and a control tower at Dulles Airport.