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According to sources and Reuters calculations, the price of Russian Urals crude oil at western ports fell below $45 a barrel in July, a 60% drop from its March high.

2026-07-03

According to sources and Reuters calculations, the price of Russian Urals crude oil at western ports fell below $45 a barrel in July, a 60% drop from its March high.

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2026-07-03

China International Capital Co (CICC) says June US nonfarm payrolls rose 57k, below consensus, indicating a cooling in employment acceleration. After downward revisions the three‑month average gain remains 111k, showing continued labor‑market expansi

China International Capital Co (CICC) says June US nonfarm payrolls rose 57k, below consensus, indicating a cooling in employment acceleration. After downward revisions the three‑month average gain remains 111k, showing continued labor‑market expansion; unemployment fell to 4.2% while labor‑force participation declined, consistent with firm demand and tighter supply and limited overall unemployment pressure. CICC maintains a call that the report gives the Fed room to wait, so it expects neither a rate hike nor a cut this year. Medium term, CICC attributes recent job gains more to an AI‑investment led cyclical recovery than to short‑lived factors; if AI drives sustained aggregate demand expansion, the Fed could resume hiking next year.
2026-07-03

Vietnam Q2 GDP YoY 8.39%, up from 7.83% in the prior quarter.

Vietnam Q2 GDP YoY 8.39%, up from 7.83% in the prior quarter.
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