Reuters reported a U.S. official said Iran’s actions in the Strait of Hormuz are completely unacceptable and the U.S. will respond; U.S. negotiators remain engaged and pursuing a final agreement in good faith. The U.S. Treasury posted a notice revoking a general license related to Iran, saying it will phase out the license issued June 21, 2026 that authorised production, delivery and sale of Iranian crude, petrochemical and petroleum products.

CITIC Securities says Tesla and other leading humanoid-robot makers extensively use bearings and universal joints in robot joints and dexterous hands; high per-unit fitment implies a sizable addressable market. Robot bearing operating conditions differ materially from traditional applications; Chinese manufacturers, leveraging faster customization and response, are gaining share and may overtake overseas leaders in this niche. The robot industry should drive significant incremental demand for the bearings sector, with domestic suppliers still in early growth. Recommended focus: universal joints, crossed-roller bearings, four-point-contact bearings, angular-contact bearings and deep-groove ball bearings.

Edmond de Rothschild Asset Management: U.S. Treasury yield curve may begin to steepen. Bank of Japan, European Central Bank and Federal Reserve may coordinate intervention before end-2026 to support the yen.