News

XPeng Motors (XPEV.N) shares fell about 2% in pre-market trading after the company's quarterly revenue missed expectations.

Pinduoduo (PDD.O) shares fell 5% in pre-market trading in the US.

Institutional quotes show that the Czech koruna has risen above 24.100 against the euro for the first time since September 2023.

According to foreign media analysis, the Iranian rial fell to a record low on Monday, kicking off what US President Trump calls an "economic showdown" against the Tehran regime. A further collapse in the rial will exacerbate Iran's soaring inflation, placing unprecedented pressure on Iranian households' cost of living. Past economic shocks have triggered large-scale anti-government unrest in Iran, but these protests were ultimately quelled by state violence. However, the ongoing economic crisis could push Iran to a dangerous tipping point. On the other hand, Iran has lost another economic buffer. The UAE has long been an important trading partner and entrepot hub for Iran, helping Tehran alleviate sanctions pressure. In recent days, the UAE has suspended trade with Iran. All this pressure means that Trump's self-proclaimed "economic showdown" is landing on an Iran whose economic defenses have been weakened. Key signals to watch include: Iranian oil exports, purchases of Iranian oil by major consuming countries, and the rial's exchange rate. If all three aspects deteriorate further, it will reinforce Washington's claim that this round of pressure is different from previous ones and therefore more effective; conversely, it will further exacerbate doubts about Trump's strategy toward Iran.

Indian sugar officials say sugar stocks are ample and supply can meet holiday demand.

The Ukrainian military stated that it attacked a Russian military factory located in the Rostov region.

French government spokesperson: The tensions in the government bond market require us to remain serious in the parliamentary budget negotiations.

The Russian Ministry of Defense stated that in the past 24 hours, "Eastern" forces have inflicted more than 315 casualties on Ukrainian troops.

According to Al Arabiya Business Channel, French and Saudi institutions and companies will sign deals totaling over $10 billion.

Russian Defense Ministry: Russian troops have seized three more settlements in Ukraine.

According to Interfax news agency, Russian President Vladimir Putin will meet with the Indian Foreign Minister today.

According to Ukrainian media: Due to the Russian attack, the trip to Kyiv by US Middle East envoy Witkov and Trump senior advisor Kushner has been postponed.

The Kremlin (regarding Armenia's proposed EU membership) reminds Armenia of the experiences of Turkey and other countries that have waited decades after applying for EU membership. Armenia is free to withdraw from the Collective Security Treaty Organization (CSTO) if it does not need membership.

Harvest Nasdaq ETF: Trading in this fund will be suspended from the opening of the market on August 25, 2026, and will resume at 10:30. Redemption services will continue as usual during the suspension period.

Invesco Nasdaq Technology ETF: Trading in this fund will be suspended from the opening of the market on August 25, 2026, and will resume at 10:30 on August 25, 2026. Redemption services will continue as usual during the suspension period.

Kremlin: (Regarding Burnham's visit to Kyiv and British military support) Britain is involved in the war on the Ukrainian side.

Kremlin: (Regarding state support for Russian e-commerce platform Ozon following the attacks in Ukraine) The government is working with the company to provide support in difficult circumstances.

Kremlin: Russia is taking measures to minimize the impact of the attack in Ukraine on Russian grain exports.

According to Iranian media, the Armenian Prime Minister stated that Armenia will soon begin the formal application process to join the European Union.

According to Iran's Tasnim News Agency, Brigadier General Mohammadi, spokesman for the Revolutionary Guard of Lorestan Province, stated, "Our missiles have also undergone technological upgrades, no longer simply launching at pre-set fixed locations, but possessing the ability to guide and change course during flight, and to identify and track targets." Mohammadi added, "Initially, some people believed that Iran possessed a limited number of missiles and that its stockpile would be depleted as the war continued, but this assessment has not materialized; because Iran's missile capability is continuous, and production continues." He said, "The US military strategy is based on the premise that the US can fight on multiple fronts simultaneously. But in this war, we have created a situation that has made them begin to worry about their ability to manage a multi-front conflict."