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Federal Reserve's Kashkari: If inflation remains high, a series of small policy adjustments will be more effective than remaining on the sidelines but still concluding that bolder action is needed.

Federal Reserve's Kashkari: I am increasingly convinced that monetary policy can play a role in addressing persistent supply shocks that could trigger deep-seated inflation.

Federal Reserve's Hamack: The longer inflation remains high, the more difficult it will be to return to the target.

Federal Reserve's Hamack: Inflation remains too high, and without action from the Fed, there is no confidence that inflation will slow down.

Federal Reserve's Kashkari: A series of supply shocks have contributed to inflation to some extent. Recent data center investment has added a new demand factor to inflation.

Federal Reserve's Kashkari: I disagreed at the FOMC meeting because I would have preferred to raise the benchmark interest rate by 0.25 percentage points.

Bank of England Chief Economist Peel: Overall inflation risks are skewed to the upside.

Bank of England Chief Economist Peel: I think there may be a slower, more insidious second wave of effects.

Bank of England Chief Economist Peel: We may face considerable energy price volatility by 2027.

Bank of England Chief Economist Peel: The Monetary Policy Committee is not moving toward raising interest rates.

July 31 – From July 29 to 30, Minister Ni Hong of the Ministry of Housing and Urban-Rural Development led a delegation to Indonesia, holding talks in Jakarta with Indonesian Minister of Housing and Urban-Rural Development Manuaral and ASEAN Secretary-General Kao Kim Hong. During her meeting with Manuaral, Ni Hong stated that in recent years, exchanges and mutual learning between the two ministries have been continuously strengthened within the framework of the China-ASEAN Construction Ministers' Roundtable. The Ministry of Housing and Urban-Rural Development of China is willing to work with Indonesia, under the strategic guidance of the two heads of state, to deepen exchanges and cooperation in housing and new urban area construction, and jointly promote high-quality development of housing and urban-rural construction in both countries. China encourages Chinese enterprises to uphold the principles of mutual benefit and equal cooperation, and to contribute more to the prosperity of the Indonesian engineering construction market by leveraging their reputation, construction quality, and product quality.

On July 31, ST Pairui announced that the company and related parties received an "Administrative Penalty Decision" from the Shaanxi Regulatory Bureau of the China Securities Regulatory Commission on July 31, 2026. Because the company delayed revenue recognition by falsifying product acceptance documents, resulting in an understatement of total profit by RMB 17.1173 million in its 2024 annual report and an overstatement of total profit by RMB 17.1173 million in its 2025 semi-annual report, the company was given a warning and fined RMB 4 million. Liu Qiang was fined RMB 2.2 million, and Bai Jie and Guo Wei were each fined RMB 2 million.

Jefferies: Lowered its price target for Apple (AAPL.O) from $308.92 to $285.56.

Novo Nordisk (NVO.N) shares fell 8.3% in pre-market trading after an update on the progress of the ZEUS Phase 3 trial.

The Caspian Pipeline Union (CPC) terminal is crucial for Kazakhstan's oil exports.

July 31 – Despite the disruption of approximately 500,000 barrels per day of production at ExxonMobil (XOM.N) due to the conflict with Iran, the company remains committed to its Middle East growth plans. Chief Financial Officer Neil Hansen stated, “We don’t make broad investment decisions based on today’s headlines. We can thrive in these kinds of environments and remain committed to our current and future investments in the region.” Before the outbreak of the war in late February, ExxonMobil’s combined crude oil production in the UAE and Qatar was equivalent to 900,000 barrels per day, accounting for about one-fifth of its global production, both of which have been severely impacted. Furthermore, two gas projects in Qatar in which ExxonMobil holds partial stakes were also severely damaged in the Iranian attacks, resulting in the suspension of approximately 450,000 barrels per day of production in Qatar and another 50,000 barrels per day in the UAE. Hansen stated that some of the company’s production in the UAE is currently stored in inventory awaiting the lifting of transportation restrictions. Hansen added, “We’ve noticed that some companies see the absence from such an important region as an advantage. We believe this view is very short-sighted and not in the best business interest.”

The National Highway Traffic Safety Administration (NHTSA) is investigating 1.2 million Tesla (TSLA.O) vehicles for suspension issues.