News

Philippine Airlines has committed to purchase up to 20 Boeing 787-10 Dreamliners.

U.S. intelligence reporter John Hudson said that U.S. intelligence agency assessments show a pessimistic attitude toward a new round of military strikes against Iran: Current and former officials said these strikes are unlikely to have a significant impact on Iran and are unlikely to soften its negotiating stance. Tehran and Washington are locked in an indefinite stalemate between war and peace, a troubling situation given the increasingly deadly tit-for-tat hostilities between the two countries, according to U.S. intelligence analysts. Furthermore, they point out that intelligence assessments like this one on Iran are not designed to make specific predictions about the future. on the contrary, They are a summary of current and likely future trends based on all available classified intelligence (including human espionage and technical collection) as well as publicly available information.

U.S. President Trump will meet with House Republicans at 5 p.m. ET on Tuesday.

Large model stocks in Hong Kong stocks strengthened, with Zhipu (02513.HK) rising by more than 20% and MINIMAX-W (00100.HK) rising by more than 3%.

The RBNZ's industry-factored inflation model rose 2.7% year-on-year in the second quarter.

New Zealand Foreign Minister: New Zealand and the Philippines establish a comprehensive partnership.

Previous Fed chairmen often used a hawkish stance to establish anti-inflation credibility in the early days of taking office. Warsh especially needs to respond to outsiders' doubts about political intervention. In June, non-agricultural employment increased by only 57,000 people, and the CPI fell by 0.4% month-on-month, temporarily easing the pressure for an immediate interest rate hike. However, the annual inflation rate still reached 3.5%, and the weak data was not enough to confirm the reversal of the trend. Dario Perkins, managing director of global macro at TS Lombard, believes that Warsh’s hawkishness is not pure bluff: dissatisfaction within the FOMC over long-term inflation overshooting has been heating up before he took office. Energy risks in the Middle East may also push prices up again. The real policy difference is not whether to act in July or September, but in the next six months to one year. If U.S. employment accelerates again, it will prove that current interest rates are not tight enough and weaken the narrative that "AI productivity can absorb demand pressure." Only then will Warsh need to continue to raise interest rates to fulfill his hawkish stance.

JPMorgan Chase raised its price target for UnitedHealth Group (UNH.N) from $466 to $516.

Japanese Prime Minister Sanae Takaichi: We will strive to achieve a real economic growth rate of over 1% and a nominal growth rate of over 3% as soon as possible, and pursue even higher growth in the future.

Japanese Prime Minister Takaichi Sanae: We will appropriately guide economic and fiscal policies based on fiscal sustainability and maintain market trust.

Overnight, US chip stocks rebounded after a decline, with the semiconductor ETF rising by about 1.3%. Nvidia, AMD, and Micron generally recovered, but the Nasdaq still closed near flat. The pressure from previous concentrated selling and leverage rebalancing has temporarily eased. The stabilization of US stocks has provided a brief respite for Korean stocks and the East Asian memory and equipment supply chain, but the inertia of deleveraging and high volatility have not yet been fully digested. The upcoming earnings reports from Alphabet, Tesla, and Intel will re-examine AI demand, capital expenditure, and profit realization capabilities; therefore, whether the rebound can continue depends on whether performance can support previous high expectations.

Indian Prime Minister Narendra Modi: Warm congratulations to Andy Burnham on his assumption of office as Prime Minister of the United Kingdom. With the Comprehensive Economic and Trade Agreement between India and the UK coming into force this month, the bilateral partnership between the two countries will be further strengthened.

According to NewsNation: A solemn handover ceremony for the remains of U.S. military personnel killed in the recent conflict with Iran, originally scheduled for tomorrow (Tuesday) at Dover Air Force Base in Delaware, has been postponed to Wednesday. It is expected that the remains of four US military personnel will be returned to the United States from the Middle East. Family members and many senior officials, including Trump, will attend the ceremony.

South Korean President Lee Jae-myung: It feels very unusual to see the exchange rate of the US dollar against the Korean won close to 1,500-1,600.

NI225's intraday increase expanded to 2.00%.

UK Maritime Trade Action Office: (Regarding the incident 8 nautical miles northeast of Lima, Oman) The tanker's Chief Safety Officer reported that the crew had abandoned ship and were currently in lifeboats. There have been no reports of environmental impacts.

The HSI opened on July 21 (Tuesday), up 7.49 points, or 0.03%, to 25150.54 points;Hong Kong’s Hang Seng Technology Index opened on July 21 (Tuesday), up 3.51 points, or 0.07%, to 4755.66 points; The state-owned enterprise index opened down 0.71 points, or 0.01%, to 8381.19 points on July 21 (Tuesday);The red chip index opened down 4.19 points, or 0.1%, to 4069.11 points on July 21 (Tuesday).

Hong Kong stocks opened, with the Hang Seng Index opening up 0.03% and the Hang Seng Technology Index opening up 0.07%. Chip, PCB, and Star Technology stocks were among the top gainers, while oil stocks opened lower; Zhipu (02513.HK) opened up 4.44%.

Morgan Stanley: The recent correction in U.S. memory chip stocks is a buying opportunity, and the shortage of memory chips will continue to worsen until the next year. The consumer electronics, PC and smartphone markets are seeing a variety of different signals that impact spot markets and inventory levels at different points in time. The news that has weighed on stock prices over the past few days appears to be related to these factors.

The U.S. State Department: Due to rising tensions in the Middle East, it has issued a "Global Security Alert" to U.S. citizens.