Russia claims it attacked three ships in the Black Sea.

The Russian Ministry of Defense stated that Russian air defense systems destroyed 131 Ukrainian drones over Russian territory overnight.

TASS, citing the governor, reported that a warehouse in Russia's Vladimir region was hit by a drone attack.

[Wildfires and heatwaves in Europe have caused more than €3 billion in losses this year, exceeding the EU’s annual average estimate] (1) According to an analysis by the Financial Times, wildfires and heatwaves that have swept across many European countries, including France and Spain, have caused more than €3 billion in losses this year, highlighting the increasing economic cost of fires caused by climate change. (2) In the first two months of the fire season alone, nearly 500,000 hectares of land were burned. (3) The five Eurozone countries most severely affected (including Portugal, Greece, and Romania) have suffered losses of €3.1 billion, exceeding the European Commission’s estimate of €2.5 billion in annual losses for the EU.

【Counterpoint: Smartphone Market Enters Value-Driven Phase, ASP to Continue Rising】 (1) Senior analyst Shilpi Jain points out that the global smartphone market has entered a new phase, with shipments no longer being the main driver of growth, and value growth becoming the core, while the continued rise in component costs has further accelerated this trend. (2) Looking ahead, the tight supply and rising costs of memory are unlikely to ease in the short term, and OEMs are expected to continue raising prices, with supply gradually becoming a key factor restricting the industry's development. (3) Therefore, the smartphone industry may face a more severe decline in shipments in the second half of 2026, but the average selling price (ASP) is expected to continue to rise in the coming quarters.

The Nikkei 225 index has just broken through the 63,700.00 mark, currently trading at 63,696.08, down 1.03% on the day.