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European Council President Costa: Last night, Russia launched a large-scale joint attack on Ukraine. Polish airspace was also violated during the attack, once again demonstrating the threat Russia poses to security across Europe. We are increasing our support to strengthen Ukraine's air defenses, including anti-missile and anti-drone capabilities.

LG Electronics: Second-quarter results included a one-off gain of approximately 300 billion won, including a U.S. tariff refund.

The Secretary-General of the Council of Europe stated that Russia's war in Ukraine is escalating to an unprecedented level. The same applies to wars in the Middle East. All parties must sit down and begin working towards a sustainable, realistic, and long-term peace solution.

On July 30, it was reported that on July 24, the CPC Central Committee held a symposium with non-CPC members at Zhongnanhai to solicit opinions and suggestions from leaders of various democratic parties, the All-China Federation of Industry and Commerce, and representatives of non-party figures on the current economic situation and economic work for the second half of the year. Xi Jinping, General Secretary of the CPC Central Committee, presided over the symposium and delivered an important speech, emphasizing that to do a good job in economic work in the second half of the year, it is necessary to adhere to the general principle of seeking progress while maintaining stability, fully and accurately implement the new development philosophy, accelerate the construction of a new development pattern, better coordinate domestic and international affairs, coordinate development and security, persist in deepening reform and opening up, accelerate the transformation of old and new growth drivers, implement a more proactive fiscal policy and a moderately loose monetary policy, give full play to the effectiveness of existing policies, promptly plan and introduce practical and effective incremental policies, increase counter-cyclical adjustments, vigorously expand domestic demand and optimize supply, effectively guarantee and improve people's livelihoods, enhance development momentum and stimulate social vitality, promote sustained and positive economic development, and strive to achieve a good start to the 15th Five-Year Plan.

On July 30th, Deutsche Bank pointed out that the Federal Reserve's decision to keep interest rates unchanged and the limited details provided by Chairman Warsh triggered a sharp steepening of the US Treasury yield curve, pushing the 30-year yield up to 5.20% and putting pressure on the stock market. The S&P 500 recorded its worst single-day performance in seven weeks, while weakness in technology stocks dragged the Nasdaq 100 into correction territory. Asian and European stock markets showed mixed performance. The rise in US Treasury yields ultimately put pressure on the stock market after experiencing significant intraday volatility. The S&P 500 fell more than 0.5% ahead of the FOMC meeting, turned positive during Warsh's press conference, but fell sharply in the last trading hour, ultimately closing down 1.52%. A renewed plunge in chip stocks also dragged down the market, with the Philadelphia Semiconductor Index plummeting 5.33%. The decline in technology stocks also pushed the Nasdaq 100 (-2.06%) into technical correction territory, currently down 11.3% from its early June peak.

BMW CEO: We do not plan to significantly reduce our product portfolio, but are considering model derivatives and configurations.

Tesla announced that its 10 millionth electric vehicle has rolled off the production line globally.

July 30th Futures News: On July 30th, the Shanghai Futures Exchange's energy and chemical warehouse receipts and changes are as follows: 1. Pulp futures warehouse receipts: 349,308 tons, an increase of 8,643 tons compared to the previous trading day; 2. Pulp futures mill warehouse receipts: 20,000 tons, unchanged compared to the previous trading day; 3. Offset paper futures warehouse receipts: 2,758 tons, unchanged compared to the previous trading day; 4. Offset paper futures mill warehouse receipts: 6,600 tons, unchanged compared to the previous trading day; 5. Fuel oil futures warehouse receipts: 16,960 tons. 6. Petroleum asphalt futures warehouse receipts: 11,290 tons, unchanged from the previous trading day; 7. Petroleum asphalt futures factory warehouse receipts: 18,210 tons, unchanged from the previous trading day; 8. Medium-sulfur crude oil futures warehouse receipts: 2,961,000 barrels, unchanged from the previous trading day; 9. Low-sulfur fuel oil futures warehouse receipts: 5,000 tons, an increase of 5,000 tons from the previous trading day; 10. Low-sulfur fuel oil futures factory warehouse receipts: 0 tons, unchanged from the previous trading day.

Daiwa Capital Markets raised its price target for Ford Motor (FN) from $13 to $15.

The National Development and Reform Commission (NDRC) will hold its July press conference at 10:00 a.m. on Friday, July 31.

Shell's second-quarter profits doubled, and its London-listed shares rose 1.1%.

Shell (SHEL.N) CFO: Inventory releases helped the market, but the buffer is limited and the available means may be reduced.

Stellantis' shares in Milan fell by 8.2%.

On July 30, at a regular press conference, Ministry of Commerce spokesperson He Yadong stated that, regarding the recent progress of intensive consultations between China and the EU, the two sides reached a consensus on the new positioning of China and the EU as "stable and balanced key trading partners" at the first meeting of the China-EU Trade and Investment Consultation Mechanism, and tentatively agreed to hold the second meeting of the consultation mechanism this autumn. He Yadong said that over the past month, China has actively implemented the consensus reached at the first meeting, made full preparations for the second meeting, conducted intensive internal coordination, and maintained high-frequency, multi-level consultations externally. The working teams of both sides have conducted more than 20 consultations respectively, and the four working groups have carried out in-depth and professional communication and exchanges on each other's economic and trade demands. China is willing to continue to maintain high-frequency communication with the EU, respect each other, and work together to explore pragmatic and feasible solutions to address each other's concerns in the economic and trade field, promote the upward and balanced development of China-EU trade, and maintain the stability and balance of the key China-EU trading partnership.

Adidas shares in Germany fell 15% after the company released its earnings report.

July 30 - According to data from the National Bureau of Statistics, the added value of my country's "new economy" in 2025 will reach 25,786.9 billion yuan, an increase of 6.2% over the previous year at current prices, 2.2 percentage points higher than the current price growth rate of GDP in the same period; accounting for 18.39% of GDP, an increase of 0.38 percentage points over the previous year.

Bernstein: Lowered its price target for Qualcomm (QCOM.O) from $235 to $165.

The German DAX 30 index opened down 76.26 points, or 0.30%, at 25372.50 on Thursday, July 30; the UK FTSE 100 index opened down 35.41 points, or 0.32%, at 10873.00; and the French CAC 40 index opened up 17.62 points, or 0.21%, at 8425.89. The Stoxx 50 index opened 0.81 points higher, or 0.01%, at 6249.65 on Thursday, July 30; the Spanish IBEX 35 index opened 16.98 points higher, or 0.09%, at 19407.28 on Thursday, July 30; and the Italian FTSE MIB index opened 192.11 points lower, or 0.37%, at 51251.00 on Thursday, July 30.

Spain's July harmonized CPI preliminary reading was -0.1%, compared to a forecast of -0.2% and a previous reading of 0.60%.