Barclays' baseline projects the Fed will keep policy rates unchanged through end-2027. Barclays strategists nonetheless say the balance of risk is toward further hikes after the Fed's latest policy minutes showed participants increasingly concerned about inflation and the risk it remains persistently high, partly due to strong AI-related investment demand. Participants remain divided on the future policy path.

上证50指数、沪深300指数双双涨超2%。

Per Fujian’s flood, drought and typhoon emergency plan, the provincial flood-control command activated a Level IV typhoon emergency response at 09:00 on July 9. The provincial command and the provincial emergency management department ordered coastal localities and relevant departments to closely monitor Typhoon Bavi, be ready to activate emergency measures, strengthen command and hazard inspections, organise timely evacuations and implement defensive measures.