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France, Germany and the euro zone July services PMI final value will be released in ten minutes.

Italian Economy Minister: Invoking the EU's escape clauses could mean that Italy will remain under the EU's excessive deficit program.

Microsoft (MSFT.O) will lay off 605 employees in Redmond, effective September 4, 2026.

The Stoxx Europe 600 mining sector opened 1.5% higher.

The UK FTSE 100 index opened 46.63 points higher, or 0.43%, at 10926.01 on Wednesday, August 5th; the FCHI index opened 27.26 points higher, or 0.31%, at 8693.89 on Wednesday, August 5th; the Euro Stoxx 50 index opened 32.15 points higher, or 0.50%, at 6518.85 on Wednesday, August 5th; and the Spanish... The IBEX 35 index in Portugal opened 77.64 points higher, or 0.39%, at 20101.24 on Wednesday, August 5th; the FTSE MIB index in Italy opened 289.50 points higher, or 0.54%, at 53830.00 on Wednesday, August 5th; and the DAX 30 index in Germany opened 203.62 points higher, or 0.78%, at 26426.88 on Wednesday, August 5th.

1. According to South Korean media reports, Apple recently negotiated with Changxin Memory Technologies Co., Ltd. (Changxin Memory) on the supply price of mobile DRAM such as LPDDR5X, hoping to reduce the manufacturing cost of the next generation of iPhones and smart devices. However, its price reduction request was reportedly rejected. Changxin insisted on a price no lower than Samsung Electronics and SK Hynix, indicating that the bargaining power in the DRAM market is shifting from end-user manufacturers to memory companies. 2. Changxin Memory's willingness to directly reject Apple's demands stems from the fact that Chinese manufacturers such as Huawei and Xiaomi have secured Changxin's production capacity through high-priced, long-term contracts, eliminating the need for Changxin to lower prices to secure Apple's orders. Meanwhile, Samsung and SK Hynix are shifting more production capacity to high-value-added AI storage such as HBM4, LPCAMM2, and enterprise-grade SSDs, leading to a tightening supply and rising prices for general-purpose DRAM. Changxin Memory's refusal to lower prices provides strong support for the price of general-purpose DRAM. (South Korean IT media *Digital Daily*)

Reserve Bank of India Governor: The proposed lending rate rules aim to consolidate the regulations of various regulatory bodies.

French manufacturing output fell 1.7% year-on-year in June, compared with 2.50% in the previous month.

French manufacturing output fell 1.1% month-on-month in June, compared with a previous reading of -1.00%.

French industrial production fell 0.1% year-on-year in June, compared with 3.20% in the previous month.

French industrial production rose 0.1% month-on-month in June, below the expected 0.3% and the previous reading of -0.10%.

Reserve Bank of India Governor: The Indian rupee is likely to strengthen in the future as tensions ease.

France's monthly rate of industrial production in June will be released in ten minutes.

The Governor of the Reserve Bank of India believes that the current policy rate is appropriate, given the current economic growth and inflation dynamics.

Ukrainian President Zelenskyy: As of now, we know of 44 injuries and 17 deaths in the large-scale Russian attack on Kyiv and the Kyiv region. Our partners must understand that delayed supplies or reluctance to provide anti-ballistic missile systems have led to such horrific casualties and destruction. Those partners who are currently unwilling to actively assist in providing interceptors can be supported through new sanctions.

Australia's S&P/ASX 200 index closed up 79.20 points, or 0.87%, at 9225.00 on Wednesday, August 5.

Japan's Topix index rose 2%.

1. ExxonMobil: The largest oil company in the United States, with a second-quarter profit of $14.5 billion and an adjusted profit of $14.7 billion, marking its highest quarterly profit in four years. 2. Chevron: The second-largest oil company in the United States, with a second-quarter profit of $12 billion, its highest quarterly profit in six years, exceeding analysts' expectations. 3. Shell: The Anglo-Dutch joint venture is the largest oil company in Europe, with a second-quarter profit of $10.8 billion, more than doubling, exceeding market expectations. 4. BP: Second-quarter net profit was $3.91 billion, a 141% increase year-on-year, exceeding analysts' forecasts. 5. Total Energy: The French oil giant earned $5.4 billion in the second quarter, a 67% increase, its best quarterly performance in nearly three years. 6. Saudi Aramco: The world's largest state-owned oil producer, its second-quarter net profit rose 44% year-on-year to $32.69 billion.

SpaceX shares fell 7% on Tradegate, roughly in line with its after-hours performance on the US stock market.

India's final composite PMI for July was 54.3, unchanged from the previous month.