News

German Chancellor Mertz: The reform plan may increase Germany's GDP by at least 1% in 2027.

Canadian Prime Minister Carney: The country is "far behind" in port logistics.

Canadian Prime Minister Carney: Canada will provide 10 billion Canadian dollars to expand the capacity of the Port of Vancouver.

Canadian Prime Minister Carney: Canada and British Columbia have reached an agreement to maintain the federal "North Coast Oil Tanker Ban." At the same time, the federal government will accelerate the construction of new LNG projects with the goal of tripling LNG production within the next decade.

Karas, the EU High Representative for Foreign Affairs and Security Policy: The EU will provide 100 million euros in aid to the Lebanese Armed Forces to support its strengthening of national security and "arms monopoly", and will consider further security support and possible EU missions.

EU High Representative for Foreign Affairs and Security Policy Karas: The EU welcomes the framework agreement reached between Lebanon and Israel in Washington, believing that it will help promote the de-escalation of the situation and the peace process, and provide important prospects for restoring Lebanon's sovereignty and territorial integrity.

The Federal Reserve accepted a total of $2.175 billion from four counterparties in fixed-rate reverse repurchase operations.

The total number of natural gas rigs drilled in the United States in the week to July 3 was 126, compared with the previous value of 125.

The total number of rigs drilled in the United States in the week to July 3 was 580, compared with the previous value of 573.

The total number of oil rigs drilled in the United States in the week to July 3 was 445, compared with the previous value of 440.

The total number of U.S. oil rigs drilled for the week to July 3 will be announced in ten minutes.

European Central Bank President Lagarde: The second-round effect has not yet appeared.

European Central Bank President Lagarde: Supply shocks are spreading throughout the economy.

European Central Bank President Lagarde: Most policymakers were prepared to raise interest rates in April.

European Central Bank President Lagarde: I am convinced that the European Central Bank made the right choice to raise interest rates in June.

Market News: A U.S. appeals court has reversed an order requiring the Trump administration to reinstall exhibits that were removed from national parks and dealt with topics including slavery and climate change.

The Nasdaq China Golden Dragon Index fell more than 2%, Baidu (BIDU.O) fell 5.39%, NetEase (NTES.O) fell 2.67%, and Alibaba (BABA.N) fell 2.57%.

The three major U.S. stock indexes had divergent trends. The Nasdaq fell more than 1%, the S&P 500 fell 0.28%, and the Dow rose 0.64%.

Mann, a member of the Bank of England's monetary policy committee, said the easing changes in financial conditions since June will be crucial to my vote on interest rates at the next meeting.

According to The Times: The Bank of England will limit the amount of debt that hedge funds can use to buy British government bonds.