Real-time News

On August 5th, the Shanghai Headquarters of the People's Bank of China (PBOC) held its 2026 second-half work conference on August 4th. The conference emphasized that the PBOC Shanghai Headquarters should earnestly implement the moderately loose monetary policy and actively encourage financial institutions to tap into effective credit demand. It should make good use of various structural monetary policy tools. It should implement the "Five Major Articles" (1+N) series of financial policies. It should promote the continued effectiveness of the "Technology Board" in the bond market in Shanghai. It should steadily deepen financial reform and opening up, and build a sound foreign exchange management system. It should implement new policies on high-level opening up of cross-border trade and investment financing, overseas lending, and overseas listing. It should enhance the exchange rate hedging capabilities of SMEs. It should coordinate the promotion of cross-border finance and offshore finance, and accelerate the implementation and effectiveness of the comprehensive reform pilot program for offshore business financial services. It should promote the application of digital RMB scenarios and the construction of its ecosystem. It should continue to carry out local legislation in the financial field. It should continuously improve the systemic risk prevention and mitigation mechanism. It should strengthen the crackdown on illegal financial activities. It should continuously improve the macro-prudential management mechanism framework. It should comprehensively improve the level of cross-border financial risk monitoring.

August 5th - According to a report on the Nikkei Asian Review website on August 5th, debris from a SpaceX Falcon 9 rocket is about to impact the moon. The report states that debris from the rocket will impact the lunar surface on August 5th, creating the largest man-made crater ever recorded, approximately 27 meters in diameter. This will help explore the lunar environment and establish corresponding safety measures before large-scale manned lunar landings and the construction of lunar bases. The impact is expected to occur around 3:35 PM Japan time (2:35 PM Beijing time) on August 5th, near the Einstein crater on the western side of the moon, with an impact velocity of approximately 2.4 kilometers per second. The impact will create a crater approximately 27 meters in diameter and 5 meters deep, ejecting a large amount of sharp gravel and rock into the surrounding area. The impact energy is equivalent to 3 tons of TNT, enough to destroy a large building.

Russia says the attack damaged three ships near Odessa.

As of August 5, the Reserve Bank of India's reverse repo rate was 3.35%, unchanged from the previous rate.

The Russian Ministry of Defense stated that the facilities were used for military purposes.

The Russian Ministry of Defense stated that Russia has disrupted logistics hubs in and around Kyiv.

According to Nikkei, Honda will suspend production at its Niigata plant in Japan from August 6 to 19, including the summer holiday scheduled from August 8 to 16.

Preliminary data from the Society of Motor Manufacturers and Traders (SMMT) shows that new car registrations in the UK rose by about 12% year-on-year in July, reaching approximately 156,000 vehicles.

The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 6.4 occurred near the Sulawesi Sea at 12:14 on August 5th. The final result is subject to the official rapid report.

JPMorgan Chase lowered its price target for McDonald's (MCD.N) from $305 to $280.

Futures News, August 5th: Aluminum prices have recently fluctuated upwards. According to Fubao Information monitoring, as of August 4th, the spot aluminum price was 23,720 yuan/ton, up 0.94% month-on-month and 15.82% year-on-year. Key influencing factors: 1. The ongoing situation in the Middle East is concerning, raising concerns about its impact on the inflation path. While the supply and demand balance of aluminum itself has not been significantly disrupted, geopolitical uncertainties and reduced domestic and international inventories provide some support for aluminum prices. Following the Fed's unchanged interest rate and Warsh's slightly neutral stance, the market anticipates a rate hike in the fourth quarter, continuing to monitor the inflation process, which has eased some upward pressure on commodities. 2. Fundamentals remain relatively stable. Aluminum smelter operating rates are steadily increasing, the industry's aluminum-to-water ratio is high, downstream and end-user demand is resilient, and there are no obvious off-season characteristics. Aluminum ingot social inventories continue to decline, but the decline has slowed after the price increase. It is expected that aluminum prices will fluctuate between 23,500-24,000 yuan/ton in the short term.

A Russian nighttime attack on the Kyiv region of Ukraine has killed 14 people and injured 27.

JPMorgan Chase raised its price target for AMD (AMD.O) from $385 to $550.

Global Chip LOF: Trading in this fund will be suspended from the opening of the market on the afternoon of August 5, 2026 until the close of the market on the same day. During the suspension period, redemption services for this fund will continue as usual.

The Russian Automobile Association reported that car sales in Russia rose slightly to 122,092 units in July.

Piper Jaffray: Lowered its target price for SpaceX (SPCX.O) from $156 to $140.

US President Trump: (Regarding data centers) I think any community that rejects artificial intelligence is making a huge mistake because your tax revenue will drop dramatically. There's a campaign against data centers. But if you look at the data, everything is fine. Cities controlled by Democrats are the real threat to the country.

US President Trump: Things seem to be going well, and gasoline prices will drop if the Strait of Hormuz opens.

US President Trump: Energy prices will fall, and businesses should start lowering prices.

Abu Dhabi National Oil Company: Retail fuel sales in the Gulf Cooperation Council region increased by 1.7% year-on-year in the first half of the year.