US MBA 30-year fixed mortgage rate for the week ended Aug 7 at 6.77%, down from 6.81% the prior week.

Tanker-tracking data show Russian crude exports averaged 3.71 mln bpd in the four weeks to Aug 9, the lowest since late May, suggesting the earlier export surge tied to sustained Ukrainian strikes on Russian refineries is fading.

China’s Urban Renewal 15th Five-Year Plan sets 23 priority tasks and expects 15 trillion yuan of investment over the plan period. The central budget has earmarked 97 billion yuan for urban renewal projects this year and 160 billion yuan of ultra‑long‑term special treasury bonds to support underground utility networks. Authorities say private capital will target redevelopments of neighborhoods, factories and industrial parks that offer stable returns; financing channels cited include bank loans, REITs and asset securitization. Household co‑funding is expected for projects such as adding elevators to old walk‑ups and on‑site reconstruction of hazardous housing under a “who benefits, who pays” rule.