Reported on the 10th: South Korea's Supreme Court will issue a ruling on the case involving former president Yoon Suk-yeol's wife, Kim Keon-hee, on the 16th.

International 1. Bernstein: Bullish on gold in the second half of the year, target price raised to $4375/oz. 2. RBC Capital Markets: GBP/EUR may extend gains after hitting a one-year high. 3. Daiwa Securities: High oil prices may keep Japanese producer prices high. 4. BNP Paribas: Japanese Finance Minister's comments may be aimed at curbing rising yields. 5. OCBC Bank: Now is the right time to reassess domestic and overseas asset allocation in Japan. 6. State Street Investments: Increased investment by pension funds will benefit Japanese government bonds and the yen. Domestic 1. CICC: PPI year-on-year growth may decline in the second half of the year, while CPI year-on-year growth is expected to remain relatively moderate in the third quarter. 2. Huatai Securities: A-share non-ferrous metals may have room for recovery after overselling. 3. Huatai Securities: Global cooling demand is rising, opening up new space for HVAC. 4. Huatai Securities: Internal advice for the technology sector: avoid purely speculative and highly crowded sectors, and focus on four key themes. 5. CITIC Securities: Tightening spot market and rising demand expectations suggest rare earth prices may rise. 6. CITIC Securities: Focus on the continued enhancement of the strategic importance of phosphorus resources. 7. CITIC Securities: Insurance funds' participation in the Bond Connect "Southbound" program helps alleviate the "asset shortage" and further optimizes asset-liability matching. 8. CITIC Securities: Tightening spot market and rising demand expectations suggest rare earth prices may rise. 9. CITIC Securities: The commercialization process of global large-scale models is accelerating, and the price of computing hardware such as CPUs continues to rise. 10. Galaxy Securities: The PPI peak for the year may be approaching, and price transmission still needs to be repaired.

IEA Monthly Report: Non-OPEC production is expected to increase by 2.2 million barrels per day in 2027.