Spot silver up 1.00% intraday at $58.90/oz.

German Chancellor Merz said he has told US President Trump that a sustainable agreement with Iran is necessary, and that Iran is responsible for the latest breach of the temporary ceasefire.

A 2026 private fund market report showed that as of June 30, 2026, quant long-only equity strategies held 1.83 tln yuan in AUM, up 1.1 tln yuan year-to-date. Discretionary (subjective) long-only equity strategies expanded by more than 600 bln yuan over the same period. Shanghai-based industry participants said strong 2025 performance—many quant long-only funds returned over 50%—drove a hot fundraising market in 1Q, with several leading quant managers securing more than 5 bln yuan of new capital; one manager said aggregate quant private fund AUM is likely higher than the reported 1.83 tln yuan.