Real-time News

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.

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.

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.

August 5th - Despite repeated denials from Iranian officials, US President Trump stated that Washington and Iran are having "very good discussions." "We're having very good discussions. It's a little unsettling that they won't admit it," Trump said in an interview with Fox News. "The only thing that matters is action. They want a deal, and we'll see. If they don't end up with a deal, that's going to be bad," he added.

US President Trump: Without friction, gasoline prices would drop to $2.50 per gallon.

US President Trump: (Regarding Iran) They had a full day of talks today.

US President Trump: Iran will not possess nuclear weapons.

The Associated Press predicts that Washington State Senate Republican Leader John Braun will advance to the general election for Washington State’s 3rd Congressional District; Democratic Congresswoman Mary Grosenkamp Perez will also advance to the general election for Washington State’s 3rd Congressional District.

US President Trump: Iran does not want to admit that negotiations are underway. Iran wants to reach an agreement. We'll wait and see.

The main Shanghai gold futures contract rose by 2.00% intraday, currently trading at 900.80 yuan/gram.

On August 5th, an official from the Accounting Department of the Ministry of Finance answered reporters' questions regarding the revision and issuance of the "Accounting Standard for Business Enterprises No. 30—Presentation of Financial Statements." This revision focuses on optimizing and improving the presentation and disclosure of financial statements, and does not involve adjustments to accounting recognition and measurement requirements. The core revisions include optimizing the structure of the income statement. Current profit and loss in the income statement are now divided into five categories: operating, investing, financing, income tax expense, and discontinued operations. New aggregate items such as "Operating Profit," "Operating and Investing Profit," and "Profit from Continuing Operations" have been added to more clearly and effectively distinguish the sources of corporate profits, analyze corporate financial performance, and improve the usefulness and structure of accounting information. For enterprises engaged in specific principal business activities, profits and losses classified as investing or financing by general enterprises should be included in the operating category to fully reflect the characteristics of their main business.

On August 5th, local time, the Security Service of Ukraine (SBU) announced on its website on August 4th that it had struck more than 100 strategic targets in Russia over the past 40 days. The SBU stated that the targets primarily included Russian military-industrial enterprises, air force bases, air defense systems, command posts, ships, "Shadow Fleet" oil tankers, oil refineries, and military logistics facilities, causing significant damage to Russian military equipment and numerous military infrastructure sites. The SBU also stated that it had attacked six military airfields, including Saki, the Guards Village, and Engels, as well as the Yevpatoria Aviation Plant. Several Russian oil refineries, oil depots, oil pumping stations, and oil terminals were also targeted. The SBU added that it will continue its efforts to weaken Russia's military and economic potential. Russia has not yet responded to these claims.