Pricing document shows Saudi Arabia set August official selling price for Arab Light to Northwest Europe at a $0.85/bbl premium to ICE Brent settlement.

Key Events and Data Preview This Week: Fed Meeting Minutes; China's June CPI and June Foreign Exchange Reserves; SK Hynix ADR Makes its US Stock Market Debut 1. Monday ① Data: Switzerland's June seasonally adjusted unemployment rate; Eurozone's July Sentix Investor Confidence Index, Eurozone's May PPI (MoM), Eurozone's May Retail Sales (MoM); US June S&P Global Services PMI (Final), US June ISM Non-Manufacturing PMI, US June Global Supply Chain Stress Index. ② Events: Speeches by Fed Governor Waller, ECB Executive Board Member Schnabel, ECB Governing Council Member Winsch, and Swedish Central Bank Deputy Governor Seim. 2. Tuesday ① Data: Germany's May seasonally adjusted industrial production (MoM); UK's June Halifax seasonally adjusted house price index (MoM); France's May trade balance; US ADP employment change for the week ending June 20, US May trade balance; China's June foreign exchange reserves. ② Events: Turkey hosts the NATO summit until July 8; the Office of the United States Trade Representative holds a public hearing to consider a proposal to impose additional tariffs on 60 economies worldwide. 3. Wednesday ① Data: US API crude oil inventories for the week ending July 3; Japan's May trade balance; New Zealand's Reserve Bank of New Zealand interest rate decision for July 8; US May wholesale sales month-on-month rate; US EIA crude oil inventories for the week ending July 3; US EIA Cushing, Oklahoma crude oil inventories for the week ending July 3; US EIA Strategic Petroleum Reserve inventories for the week ending July 3. ② Events: EIA releases its monthly Short-Term Energy Outlook report; Reserve Bank of New Zealand Governor Brehman holds a monetary policy press conference. 4. Thursday: ① Data: US 10-year Treasury auction (ending July 8) - winning yield, US 10-year Treasury auction (ending July 8) - bid-to-cover ratio; China's June CPI year-on-year rate; Germany's May seasonally adjusted trade balance; US initial jobless claims for the week ending July 4; US June existing home sales (annualized); US EIA natural gas storage for the week ending July 3. ② Events: Federal Reserve releases minutes of its monetary policy meeting; European Central Bank releases minutes of its June monetary policy meeting; FOMC permanent voting member and New York Fed President Williams speaks. 5. Friday: ① Data: Germany's final June CPI month-on-month rate; France's final June CPI month-on-month rate; Switzerland's June consumer confidence index; Canada's June employment change; China's June M2 money supply year-on-year rate. ② Events: SK Hynix's American Depositary Receipts (ADRs) are tentatively scheduled to list on Nasdaq on July 10; Dallas Fed President Logan, a 2026 FOMC voting member, will speak; the IEA will release its monthly oil market report. ③ Holidays: The New Zealand Stock Exchange will be closed. 6. Saturday: ① Data: Total number of US oil rigs for the week ending July 10.

Stock market fund flow chart: Today, the net outflow of main funds in the Shanghai and Shenzhen stock markets was 87.293 billion yuan, accounting for 2.82%; the net outflow of large-order funds was 32.09 billion yuan, accounting for 1.04%; and the net inflow of small-order funds was 66.662 billion yuan, accounting for 2.16%.