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02:02:11

The European Commission said the decision would have an impact on the participation of Israeli entities in the European Innovation Council’s accelerator programmes.

02:02:11

The European Commission has proposed a partial suspension of Israel's participation in the Horizon Europe scientific research program.

02:02:07

The Mexican peso fell more than 1.1% against the US dollar, which could be its worst single-day performance since April, falling to a low of 8.7589 pesos during the day.

02:02:05

French wine federation talks about EU-US trade deal: Disaster averted, but coming days critical for industry

02:02:01

The French Wine and Spirits Federation said it expects a trade agreement between Europe and the United States to confirm duty-free trade in spirits.

02:01:59

Peru's president said the government is evaluating 134 exploration and mining authorizations and expects $6 billion in investment.

02:01:57

Peru's president said mining projects worth $4.7 billion are expected to start construction by 2026.

02:01:56

The Peruvian president said the government is working to establish a "private mining fund" to give small formal mining companies better access to financing, and by the end of 2025, the formal small-scale mining industry should be able to achieve annual sales of more than US$5 billion.

02:01:52

Artificial intelligence (AI) startup Cohere Inc. has reached an agreement to integrate its AI models into the services of telecommunications company BCE Inc. Cohere will provide enterprise-grade AI services to businesses and governments through Bell Canada, a subsidiary of BCE. Cohere's investors include Nvidia, and BCE is Canada's largest telecommunications company by revenue.

02:01:50

According to the Brazilian Ministry of Finance, Brazil's federal public debt increased by 2.77% in June from the previous month, with the total debt reaching 7.883 trillion reais.

02:01:48

WASHINGTON (AP) — A U.S. government watchdog will investigate the Federal Aviation Administration's (FAA) decision to move air traffic control operations that oversee Newark to Philadelphia in 2024 after glitches.

02:01:42

On July 28th local time, a boat capsized near Miami, USA. US media reported that the accident is suspected to have caused several children to be in critical condition. Local police and law enforcement officers have rushed to the scene to investigate.

02:00:44

[A boat capsized near Miami, USA] It was learned on July 28 local time that a boat capsized near Miami, USA. US media reported that the boat capsizing accident is suspected to have caused several children to be in critical condition. Local police and law enforcement officers rushed to the scene to investigate.

01:55:34

[Houthi armed forces vow to intensify attacks on merchant ships in the Red Sea to pressure Israel to relax its grip on Gaza] The Yemeni Houthi armed forces vowed to attack all merchant ships that do business with Israeli ports, trying to put pressure on Israel to relax restrictions on the famine-ridden Gaza Strip by escalating military operations. Houthi armed forces spokesman Yahya Saree said in a televised speech that the target ships "will be hit anywhere within our range" and that once Israel's aggression against Gaza stops and the blockade is lifted, we will immediately stop all military operations.

01:53:31

The Dow Jones Industrial Average just broke through the 44800.00 mark and was last at 44799.75, down 0.23% on the day.

01:52:39

WASHINGTON (AP) — A U.S. government watchdog will investigate the Federal Aviation Administration's (FAA) decision to move air traffic control operations that oversee Newark to Philadelphia in 2024 following a glitch.

01:52:24

Consumers could face higher drug prices as the European Union and the United States reach a trade deal that imposes a 15% tariff on pharmaceutical exports at a cost of $13 billion to $19 billion.

01:51:37

[Russia closes 20 border crossings between Russia and Ukraine from August] On July 28, local time, the Russian legal portal released a message showing that Russian Prime Minister Mishustin has issued a government decree to close 20 road and rail border crossings between Russia and Ukraine from August 1, 2025. (CCTV News)

01:50:30

Gold prices fell to a three-week low as the United States and the European Union reached a trade deal; traders focused on the Federal Reserve meeting and the direction of the dollar.

01:49:41

The dollar index rose 1.00% during the day to 98.65

01:39:27

Brazil's Ministry of Finance: Federal public debt increased by 2.77% in June from the previous month. Brazil's total federal public debt was 7.883 trillion reais in June.

01:26:36

[Thailand expects the United States to offer a "very favorable" trade deal after Thai-Cambodian ceasefire] Thailand's acting Prime Minister Putan said that Thailand expects the Trump administration to offer Thailand a "very favorable" trade deal after agreeing to end armed border clashes with Cambodia under a U.S.-backed peace initiative. Putan spoke with U.S. President Donald Trump hours after Thailand and Cambodia jointly announced an "immediate and unconditional" ceasefire. Putan told reporters late Monday that the U.S. president appreciated Thailand's agreement to end the five-day conflict. Previously, Trump had threatened to block a trade deal with the two Southeast Asian countries unless the two sides stopped the violent conflict.

01:26:34

Peruvian President: The government is working to establish a "private mining fund" to allow small formal mining companies to obtain better financing channels. By the end of 2025, the formal small-scale mining industry should be able to achieve annual sales of more than US$5 billion.

01:26:33

Peruvian President: Mining projects worth US$4.7 billion are expected to start construction by 2026.

01:26:32

Peruvian President: The government is evaluating 134 exploration and mining authorizations, with an estimated investment of US$6 billion.

01:21:12

[UN Secretary-General welcomes ceasefire agreement between Cambodia and Thailand] On July 28, local time, UN Secretary-General Guterres issued a statement through his spokesperson, welcoming the ceasefire agreement reached between Cambodia and Thailand, calling it "a positive step towards ending the current hostilities and easing tensions." Guterres called on both sides to "fully respect the content of the agreement" to create a favorable environment for resolving long-standing problems and achieving lasting peace. Guterres reiterated that the United Nations is willing to provide support and assistance to promote peace and stability in the region. (CCTV News)

01:19:15

Market news: The US Department of Defense is testing artificial intelligence models from Microsoft and OpenAI.

01:19:02

On Monday (July 28), the Federal Reserve's overnight reverse repurchase agreement (RRP) usage was US$170.463 billion, compared with US$150.509 billion in the previous trading day.

01:18:53

The Mexican peso fell more than 1.1% against the US dollar, which could be its worst single-day performance since April, falling to a low of 8.7589 pesos during the day.

01:18:41

French Wine and Spirits Federation talks about the EU-US trade agreement: Disaster averted, but the next few days are critical for the industry

01:06:44

The U.S. Treasury Department auctioned three-month Treasury bills with a winning rate of 4.235% and a bid-to-cover ratio of 3.21.

01:06:43

The U.S. Treasury auctioned $70 billion in five-year Treasury notes with a winning interest rate of 3.983% (3.879% on June 25) and a bid-to-cover ratio of 2.31 (the previous auction was 2.36).

01:02:48

International copper closed down 0.07% in the night session, Shanghai copper closed up 0.04%, Shanghai aluminum closed up 0.05%, Shanghai zinc closed down 0.31%, Shanghai lead closed up 0.03%, Shanghai nickel closed down 0.58%, Shanghai tin closed down 0.58%. Alumina closed down 0.43% in the night session, aluminum alloy closed up 0.10%. Stainless steel closed down 0.46% in the night session.

01:02:32

[The ceasefire agreement between Thailand and Cambodia officially takes effect] The ceasefire agreement between Thailand and Cambodia officially took effect at 24:00 on July 28, local time. On the afternoon of the 28th, Cambodian Prime Minister Hun Manet and Thai Acting Prime Minister Puttan led high-level delegations to attend a special meeting on the Cambodia-Thailand border situation held in Putrajaya, Malaysia. The Malaysian Prime Minister stated that Thailand and Cambodia agreed to a ceasefire, and the ceasefire agreement took effect at midnight (local time on the 28th at 24:00). On the same day, Thailand and Cambodia confirmed that the two sides had reached an agreement on a ceasefire and would cease fire from midnight. (CCTV News)

00:58:56

Israeli Foreign Ministry: The proposals made by European Commissioners to undermine Israel's participation in the EU's Horizon program are "wrong, regrettable and unfounded."

00:55:11

[Morgan Stanley: S&P 500 Index Targets 7,200 Points by Mid-Next Year] Morgan Stanley strategist Michael Wilson believes that with the support of blue chip earnings and positive macro trends, the S&P 500 Index has a chance to rise to 7,200 points by mid-next year, which is 12.5% higher than the current level. Wilson said in a securities analysis report that the S&P 500 Index of 7,200 points is a more optimistic forecast, mainly because the total earnings per share of the S&P 500 index components are expected to reach 319 yuan, and the expected price-earnings ratio is set at 22.5 times, which is why the S&P 500 Index is expected to reach a higher target. Wilson believes that the quarterly results released by the S&P 500 index components show that corporate earnings growth has a stable foundation, and the average increase is expected to be in the middle of 10% to 20%. Wilson described the current stock market cycle as a non-traditional cycle, mainly supported by factors such as positive operating leverage ratios, artificial intelligence applications, a weak US dollar exchange rate, tax savings, good income growth, continued demand growth, and the Federal Reserve's interest rate cuts. He is confident that the S&P 500 will tend to meet the above optimistic forecast and recommends buying high-quality stocks at low prices. As for individual industries, Wilson maintains his original view and believes that industrial stocks will be one of the biggest beneficiaries of this market rally.

00:54:22

[The winning yield of the US two-year Treasury bond issuance is lower than the pre-issuance trading level] The US Treasury auctioned $69 billion in two-year bonds, with a winning yield of 3.920%. The pre-issuance trading level was 3.925% when the bids closed at 11:30 New York time, with little change during the day. The market reacted little to the auction results. Primary dealers were allocated 10.3%, lower than the previous time, while the allocation ratio of direct bidders increased to 34.4%, and the allocation ratio of indirect bidders decreased to 55.3%. The bid-to-cover ratio was 2.62, in line with the average of the previous six issuances.

00:54:08

Dmitry Medvedev, deputy chairman of the Russian Federation Security Council: Trump is playing an ultimatum game with Russia. This is "a step towards war."

00:53:41

LME copper futures closed up $24 at $9,793/ton. LME aluminum futures closed down $4 at $2,632/ton. LME zinc futures closed down $6 at $2,818/ton. LME lead futures closed up $3 at $2,017/ton. LME nickel futures closed down $51 at $15,269/ton. LME tin futures closed down $348 at $33,713/ton. LME cobalt futures closed flat at $33,335/ton.

00:53:01

Dollar Outlook: Investors focus on 50-day moving average, waiting for the next breakthrough Details>

00:37:52

[Goldman Sachs prime brokerage data: Hedge funds sell U.S. technology stocks at the fastest pace in a year] Goldman Sachs' prime brokerage department report shows that in the week ending July 25, hedge funds reduced their risk exposure to U.S. technology, media and telecommunications (TMT) stocks at the fastest pace since July 2024, and the selling speed of long positions exceeded short covering. Data shows that most sub-sectors of TMT have seen risk reduction, led by semiconductors and semiconductor equipment, software, information technology (IT) services and media stocks. The technology sector's earnings season is entering its peak, with companies such as Amazon, Apple, Meta Platforms Inc. and Microsoft scheduled to report results this week. "The net exposure of the semiconductor and semiconductor equipment sector as a proportion of the total exposure of U.S. prime brokerage clients is still close to a five-year high, at the 94th percentile; while the net exposure of the software and services sector is close to a five-year low, at the 2nd percentile," Vincent Lin, co-head of Goldman Sachs' prime brokerage insights and analysis, wrote in the report.

00:37:14

The euro has just broken through the 1.1600 mark against the US dollar. The latest price is 1.1599, down 1.22% on the day.

00:37:09

Deutsche Bank: Tesla's RoboTaxi fleet construction requires "more patience". The fleet size is expected to exceed 1,000 vehicles by mid-2026. The fleet is not expected to start to have a significant financial impact until 2027.

00:36:58

[White House: EU promises not to impose tariffs on electronic transmission] The fact sheet released by the White House on social platform X on Monday shows that as part of the trade agreement reached with the United States, the EU confirmed that it "will not introduce or retain network usage fees." The fact sheet reads: "In addition, the United States and the European Union will maintain zero tariffs on electronic transmission." According to the document, the EU will also "purchase $750 billion in U.S. energy and invest an additional $600 billion in the United States" by 2028.

00:27:30

[United Nations report: More than 600 million people in the world are still facing hunger] On July 28, local time, at the second United Nations Food System Summit held in Addis Ababa, the capital of Ethiopia, the Food and Agriculture Organization of the United Nations, the International Fund for Agricultural Development, the United Nations Children's Fund, the World Food Program and the World Health Organization jointly released the "2025 World Food Security and Nutrition State" report. The report shows that in recent years, the global hunger situation has improved, but in 2024, there are still 638 million to 720 million people facing hunger in the world, and nearly 2 million people in five countries and regions are facing catastrophic food insecurity, more than half of whom are from the Gaza Strip in Palestine. The report pointed out that according to the median estimate, about 8.2% of the world's population, about 673 million people, will face hunger in 2024, a decrease of 22 million from 2022. However, this progress is not balanced globally, especially in 2024, the entire population of 1.1 million in the Gaza Strip will face the most serious catastrophic food insecurity, almost twice as much as in 2023. According to current forecasts, 512 million people in the world may be chronically malnourished by 2030, nearly 60% of whom will be in Africa. FAO Chief Economist Torero said conflict and economic problems are the main causes of hunger. But economic slowdown and recession are affecting some economies that are already heavily in debt and can hardly afford food imports. This also explains why they cannot maintain the minimum calorie level needed to get rid of hunger. The report focuses on "addressing food price inflation and promoting food security and nutrition." The report emphasizes that global food prices have risen sharply since 2021, reaching a peak in January 2023, with even higher increases in low-income countries. High food prices have significantly weakened household purchasing power, exacerbated poverty and malnutrition, and particularly threatened low-income countries, rural areas, women and children. The report recommends taking a variety of policy measures to address food price inflation. The "State of Food Security and Nutrition in the World" report has been published annually since 1999, continuously monitoring and analyzing the progress of countries around the world in eliminating hunger, achieving food security and improving nutrition. (CCTV News)

00:27:00

Pemex: Working to increase crude oil production to its target level of 1.8 million barrels per day.

00:26:49

The Trump administration signed a letter of intent with Argentina, pushing the South American country to rejoin the U.S. visa waiver program.

00:26:30

Faced with mixed economic data and Trump tariffs, the Fed is expected to keep interest rates unchanged Details>

00:15:36

Chile's finance minister: We hope copper tariffs will be included in the U.S. trade negotiations that begin on Monday. Chile will demand that any U.S. copper tariffs be included in the scope of a comprehensive trade agreement.

00:15:19

British government: Trump and Starmer agreed that they must maintain momentum to push for an end to the Russia-Ukraine conflict, including by putting economic pressure on Putin.

00:15:00

[2/10-year German bond yields fell 3 basis points] At the end of the European session on Monday (July 28), the German 10-year bond yield fell 2.9 basis points to 2.689%, trading in the range of 2.720%-2.679% during the day, showing two waves of downward trends overall, of which a significant upward trend appeared at 20:00 Beijing time. The two-year German bond yield fell 3.0 basis points to 1.918%, trading in the range of 1.948%-1.909% during the day; the 30-year German bond yield fell 1.1 basis points to 3.196%. The 2/10-year German bond yield spread rose 0.301 basis points to +76.787 basis points.

00:14:35

[A U.S. federal judge halts Trump-backed Medicaid cuts to Planned Parenthood] Federal District Judge Indira Tavani of Boston issued a preliminary injunction on Monday, ruling that a provision in the tax and spending bill recently signed by President Trump targeting Planned Parenthood Federation of America may be unconstitutional and suspending its implementation. The Big Beautiful Act, passed by Congress, stipulates that tax-exempt organizations and their affiliates that continue to provide abortion services will lose Medicaid eligibility.

00:07:51

USD/CHF rose 1.00% to 0.8029

00:07:04

German Chancellor Merz: Time will prove that tariffs on the EU are not in the interests of the United States either.

00:06:49

German Chancellor Merz: US tariffs mean the German economy will bear a "heavy burden".

00:06:27

Boston federal district judge Indira Talwani said in her ruling on Monday that the text and structure of the tax and spending bill signed by President Trump clearly show that it is intended to punish Planned Parenthood Federation of America and all its member organizations, and "the plaintiffs are likely to prove that Congress had punitive intent." She also ruled that the bill violates the equal protection clause of the Fifth Amendment of the Constitution and constitutes an improper restriction on the right of member organizations that do not provide abortion services to associate with their headquarters, which may violate the First Amendment.

00:06:11

Russia has imposed a gasoline export ban on producers until August 31, RIA Novosti quoted the cabinet as saying.

00:05:55

Planned Parenthood warned that the tax and spending bill recently signed by President Trump will have a "catastrophic" impact on nearly 600 of its medical centers across the United States, including nearly 200 institutions in 24 states at risk of closure. Alexis McGill Johnson, president of the association, stated: "We will continue to fight this cruel law to ensure that all insured people have access to critical medical services such as contraception, STD testing and treatment, and cancer screening."

00:05:39

[Emerging market ETFs recorded a ninth consecutive week of capital inflows into China, with a sharp increase in the scale of funds attracted, ranking first] Last week, investors bought net emerging market stock and bond exchange-traded funds (ETFs) for the ninth consecutive week, among which China's scale of funds attracted more than doubled from the previous month, ranking first. Data compiled by Bloomberg showed that as of the week of July 25, U.S.-listed emerging market ETFs investing in developing countries and specific countries recorded a total inflow of US$2.36 billion, compared with US$672.4 million in the previous week. In terms of regions, China had the largest inflow of funds, at US$1.36 billion, with the KraneShares Jinrui CSI Overseas China Internet ETF (KWEB) ranking first; China's inflow scale increased by 105% from the previous month. Argentina had the largest outflow of funds, at US$4.29 million.

00:05:12

[US-EU trade deal - Trump's victory, EU's second-best choice] Donald Trump and Ursula von der Leyen announced that they had reached a US-EU trade deal. Although this marks a easing of transatlantic tensions, the compromise terms are clearly more favorable to Washington. For the EU, the primary goal is to maintain economic stability and protect strategic industrial interests. "I think this is the greatest deal ever." Trump commented on the agreement during a meeting with European Commission President von der Leyen yesterday. This continues his usual exaggerated style (the same statement was used when signing the agreement with Japan four days ago). The two leaders announced the news after the meeting at Trump Golf Course in Turnberry, Scotland. It was undoubtedly a successful weekend for the US President - especially since the agreement is clearly beneficial to the United States.

23:47:38

The White House: The EU promises not to impose taxes on electronic transmissions.

23:37:55

The U.S. Treasury auctioned $69 billion in two-year Treasury notes with a winning interest rate of 3.920% and a bid-to-cover ratio of 2.62.

23:37:42

The U.S. Treasury Department auctioned six-month Treasury bills with a winning rate of 4.120% and a bid-to-cover ratio of 3.36.

23:37:30

[Russian President Vladimir Putin and Israeli Prime Minister Benjamin Netanyahu had a phone call] According to the news released by the Russian Kremlin on July 28 local time, Russian President Vladimir Putin and Israeli Prime Minister Benjamin Netanyahu had a phone call. (CCTV News)

23:34:27

Brazilian President Lula: I hope Trump can consider the importance of Brazil and negotiate on the tariff issue.

23:32:57

Russian President Vladimir Putin discusses Iran's nuclear program with Netanyahu.

23:32:47

German Chancellor Merz: Israel must immediately improve the situation in Gaza and call for a comprehensive ceasefire in Gaza.

23:31:49

[The US government has opened an online donation channel to repay the national debt] Fox News and other US media recently reported that the US government website officially opened two online donation channels, calling on the American people to "voluntarily donate" to repay the huge national debt of 37 trillion US dollars. This move by the US government has attracted a lot of criticism. This project is called "Donation to Reduce Public Debt" and has been in operation since 1996. Previously, the donation method was mainly bank transfer payment. The newly launched payment channel involves the online payment platform "PayPal" and its subsidiary "Venmo". Since 1996, the project has raised 67.3 million US dollars in donations, but compared with the current national debt of more than 37 trillion US dollars, it is only enough to pay the debt incurred by the United States in about 20 minutes. At the same time, the US national debt is growing at a rate of 55,000 US dollars per second. US media analysis pointed out that the role of public donations in reducing the US national debt is almost negligible. According to the Peter George Peterson Foundation, to pay off this debt, every American has to donate at least 100,000 US dollars. (CCTV International News)

23:31:35

The European STOXX 600 index initially closed down 0.20% at 548.84 points. The Eurozone STOXX 50 index initially closed down 0.22% at 5339.43 points. The FTSE Euro Stoxx 300 index initially closed down 0.18% at 2173.01 points.

23:31:29

Germany's DAX 30 index initially closed down 0.92% at 23,994.04 points. France's stock index initially closed down 0.37%, Italy's stock index closed roughly flat, the bank index rose 0.72%, and the UK stock index initially closed down 0.57%.

23:31:16

[Analysts: U.S. investment-grade credit spreads have narrowed to 78 basis points year-to-date] CreditSights analysts pointed out in a report that dollar-denominated credit spreads have narrowed as economic data remained resilient and the United States reached trade agreements with Japan and the European Union. CreditSights said these trade agreements have boosted market interest in risky assets. Analysts said that U.S. investment-grade credit spreads have narrowed to 78 basis points year-to-date. CreditSights said that BBB-rated and A-rated U.S. dollar credit bonds led the narrowing of spreads, narrowing by 2 basis points each. (Dow Jones)

23:30:34

[Asset Management Company: Credit assets are attractive as the US-EU trade agreement is reached] Felipe Villarroel of TwentyFour Asset Management said in a report that with the conclusion of the US-EU trade agreement, credit assets, especially high-quality and short-term credit assets, look attractive. Last weekend, the United States and the European Union reached an agreement to impose a 15% tariff on eurozone goods exported to the United States. Villarroel said that with expectations that tariffs will be between 10% and 15%, the spreads of this trade agreement have been largely reflected in investors' expectations. He said that companies are in good financial condition and demand for credit assets remains strong, which makes credit assets attractive. However, Villarroel said that credit spreads are still too low and there is little room for error. (Dow Jones)

23:29:25

[Oxford Economics: Eurozone economy expected to grow 1.1% this year] 08:57 EST - Oliver Rakau of Oxford Economics wrote in a report that higher U.S. tariffs on European exports will not affect current expectations for eurozone economic growth. Most European imports to the United States will be subject to a 15% tariff. While this rate is higher than previously expected, there are some positive factors. Rakau said these factors include the end of uncertainty and the EU's decision not to impose retaliatory tariffs on U.S. goods. Oxford Economics still expects the eurozone economy to grow by 1.1% this year and 0.8% in 2026. (Dow Jones)

23:28:35

[UBS: The weighted average tariff rate on EU exports to the US will rise to 15.2%] UBS analysts said in a report that the US-EU trade agreement has reduced uncertainty, but there are still concerns about the ambiguity of the agreement. They said that industry investigations into industries such as the semiconductor industry may lead to new tariffs on these industries in two weeks. "We understand that the agreement is a framework agreement and some details remain to be finalized." However, these tariffs have exacerbated the significant deterioration in the EU's export situation. UBS estimates that the weighted average tariff rate currently faced by EU exports to the United States will rise to 15.2% from about 1.5% before April 2. This could lead to a 0.2 to 0.4 percentage point reduction in the eurozone's economic growth rate over the next year. Analysts said the blow could be more severe due to the hit to household and business confidence. (Dow Jones)

23:26:00

[KfW: The EU-US tariff agreement is strategically risky for the EU] Dirk Schumacher, chief economist of KfW, said that although the agreement with the United States avoided a trade war with escalating tariffs, the agreement was strategically risky for the EU. He said the agreement was good news for economic activity, especially considering that German and European industrial sectors successfully coped with tariff increases in April. But it is believed that the EU will now back down under pressure, reducing its strategic room for maneuver in future disputes. He also said that the EU must also be cautious to avoid increasing its strategic dependence on the United States because of the agreement. (Dow Jones)

23:24:58

[Base metal prices rose and fell in sluggish trading] Base metal prices rose and fell in sluggish trading, with three-month copper on the London Metal Exchange (LME) flat at $9,793 a tonne and three-month aluminum on the London Metal Exchange (LME) rising 0.3% to $2,640 a tonne. The market is awaiting more details on the U.S. copper import tariffs that will take effect on Saturday. SPAngel analysts said in a report that areas of review will include which products and imports from which countries will be subject to the 50% announced copper tariff. SPAngel wrote that U.S. copper prices are still only $3,000 a ton higher than the London Metal Exchange (LME) price, indicating that the market expects President Trump to make concessions. In addition, the trade agreement reached between the European Union and the United States maintains the existing 50% steel and aluminum tariffs. (Dow Jones)

23:22:40

[European stocks give up gains as investors study details of tariff agreement] European stocks gave up gains, with most major indexes expected to close lower as investors study details of tariff agreement reached by the United States and Europe to avoid a trade war. Initial optimism about the deal has gradually been replaced by questions about the unresolved parts of the deal, its impact on European economic growth and possible resistance measures by governments. The European Stoxx 600 index reversed its earlier gains. "This agreement does not resolve the conflict once and for all," said Martin Walberg of Generali Investments. (Dow Jones)

23:21:44

USD/CNH just touched the 7.1800 yuan mark, and the latest price was 7.1800 yuan, up 0.18% on the day; USD/CNH latest price was 7.1779 yuan, up 0.14% on the day;

23:21:23

[Aberdeen Investments: US-EU trade agreement increases the risk that the ECB will abandon further rate cuts] Liz Galbraith of Aberdeen Investments said in a report that the trade agreement between the United States and the European Union increases the risk that the European Central Bank will abandon further rate cuts. She said the ECB may wait until December or keep interest rates unchanged until the whole of 2025. Galbraith said the trade agreement may slightly increase Aberdeen's forecasts for eurozone economic growth and inflation. Before the US-EU trade agreement was reached, Aberdeen had predicted that the ECB would cut interest rates for the last time in December. "The balance of risk may be that the last rate cut will not happen at all," Galbraith said. (Dow Jones)

23:20:22

[Analysts at NordLB: US-EU trade agreement is crucial for future planning for European industry] NordLB analysts pointed out in a report that the US-EU trade agreement is crucial for future planning for European industry, especially Germany. They said that although there are still some uncertainties and residual uncertainties persist, the threat of escalating the trade war from August 1 no longer exists. Nevertheless, this marks an important step towards stabilizing the transatlantic relationship. Analysts said that although the 50% tariff on steel and aluminum remains in effect, the agreement means that the automotive industry - currently subject to tariffs of 15%, not 25% - will not fall further behind international competitors such as Japan. (Dow Jones)

23:19:04

The euro fell 1.00% against the dollar during the day to 1.1624

23:18:31

[Barclays analysts: Tariffs may cause the euro to depreciate against the dollar] Barclays analysts pointed out in a report that US tariffs may push up US inflation and suppress eurozone inflation, causing the euro to depreciate against the dollar. They said that the inflation outlook increases the possibility that the European Central Bank will cut interest rates by more than currently expected, while the Federal Reserve may remain on the sidelines. Barclays said: "The interest rate gap has widened and the value of the euro as a universal currency has become expensive." (Dow Jones)

23:15:46

[Shanxi upgrades and issues yellow warning for heavy rain] On the evening of July 28, 2025, the Shanxi Provincial Meteorological Observatory upgraded and issued a yellow warning for heavy rain. The warning areas are western Datong, Shuozhou, Xinzhou, northern Luliang, and western Taiyuan. It is predicted that in the next 12 hours, the warning areas will have short-term heavy rainfall with a maximum rainfall intensity of more than 40 mm/hour.

23:15:25

[The US and Japan have different opinions on the $550 billion investment] US President Trump said on July 22 that the United States and Japan reached a trade agreement, but differences in the interpretation of the agreement have gradually emerged recently, with one focus being Japan's commitment to invest $550 billion in the United States. Japanese Minister of Economic Revitalization Ryomasa Akasawa said on July 27 that it is not appropriate to formulate a joint document on the Japan-US tariff negotiation agreement at this time. He pointed out that tariff cuts may take time. Confirmation work needs to be carried out between the US minister and Trump, which may have an impact on the content of the agreement. The Nihon Keizai Shimbun reported that the reason for the discrepancy between the statements and explanations of Japan and the United States is that, unlike usual trade negotiations, no agreement document jointly compiled by both parties was formulated this time. (CCTV International News)

23:11:01

Market news: Germany will face a budget gap of 172 billion euros in 2027-29.

23:10:49

Pemex posted a net profit of MXN 59.52 billion in the second quarter, compared with a loss of MXN 273.3 billion in the second quarter of 2024.

23:10:38

[Trump limits Russia to 12-day ceasefire] According to the Russian Satellite News Agency on the 28th, US President Trump said that due to the lack of progress in the mediation of the Russian-Ukrainian conflict, he will shorten the previously set 50-day ceasefire between Russia and Ukraine to 10-12 days. Trump said, "I intend to set a new deadline, about 10-12 days from today. There is no reason to wait any longer. I wanted to be generous, but we just don't see any progress." Trump, who was holding talks in Scotland earlier that day, said that he decided to shorten the previously set 50-day deadline due to his disappointment with Russian President Putin.

23:10:18

[US Texas manufacturing expands for the first time since January] Manufacturing conditions in Texas improved for the first time in six months in July as trade tensions cooled and production increased. The Dallas Fed said on Monday that the general business activity index of the Texas Manufacturing Outlook Survey rose to 0.9 this month from -12.7 in June. 331 Texas business executives said the index was above zero for the first time since January, meaning economic activity is expanding slightly rather than contracting. The sub-index jumped 20 points to 21.3, the highest in more than three years. At the same time, labor market indicators were also more positive, indicating an increase in employment and working hours. The report added that the new orders index remained negative but the growth rate slowed, while the capacity utilization and shipments indexes rose to positive values. Although sales price growth has slowed, high pressure on input prices has continued this month, sending a mixed message ahead of this week's Federal Reserve meeting.

23:09:45

[The State Flood Control and Drought Relief Headquarters dispatched a working group to the front line of Beijing, Tianjin and Hebei to guide disaster relief] According to the Ministry of Emergency Management, since July 23, North China has experienced a strong rainfall process, some reservoirs have been operating at high water levels, river embankments have been in danger, and some areas have been severely affected. According to the forecast of the meteorological department, from the night of July 28 to the 29th, some areas of Beijing, Tianjin, Hebei and other places will have heavy to torrential rains, among which, some areas of central and northeastern Hebei, southwestern and northeastern Beijing will have heavy rains, and some areas will have extremely heavy rains. The Central Meteorological Observatory issued an orange rainstorm warning at 18:00 on July 28. According to the "National Flood Control and Drought Relief Emergency Plan" and relevant regulations, the State Flood Control and Drought Relief Headquarters decided to upgrade and launch a level 3 emergency response for flood control in Beijing, Tianjin and Hebei at 21:00 on July 28. The Office of the State Flood Control and Drought Relief Headquarters has dispatched three working groups to the front lines of the three provinces and cities to assist in guiding flood control and disaster relief work.

23:09:25

[OPEC+ again calls for compliance with production quotas as another production increase is coming] OPEC+ is ready to consider another production increase and once again urged member countries to comply with oil quotas. The statement showed that the Joint Ministerial Monitoring Committee pointed out that some countries did not stick to their production targets and instructed these countries to make additional production cuts as compensation. Saudi Arabia and its partners will hold another monthly video conference on August 3 to negotiate production levels in September. Delegates previously said they planned to approve an additional 548,000 barrels per day in production. In the past few months, despite the impending surplus in the global oil market, OPEC+'s unexpected shift to quickly restore production has put downward pressure on crude oil prices, relieved consumers, and won a victory for US President Trump, who has been calling for lower fuel prices.

23:08:48

Gold Forecast: Gold prices continue to fall in the previous three trading days Details>