UK Prime Minister Starmer said the government is investing in long-range missiles and armoured vehicles.

HSBC said the dollar's rapid appreciation could become one of H2's biggest "pain trades." The bank expects gradual dollar strength through H1 2027 but warned that if the Fed signals readiness to tighten policy beyond current market pricing and geopolitical tensions re-escalate, the rally could become explosive. HSBC said that risk rose after the June Fed meeting, when officials emphasized inflation and gave little forward guidance, refocusing markets on rate differentials and lifting the dollar across major currencies over the past two weeks. Analysts including Paul Mackel said the pain trade may manifest as a more explosive dollar appreciation.

June 30, Beijing — Vice President Han Zheng met Saudi foreign minister Faisal bin Farhan. Han said China and Saudi Arabia will implement leaders’ consensus, deepen political trust, step up high‑level exchanges and expand pragmatic cooperation to advance bilateral ties. Faisal said the comprehensive strategic partnership has reached an unprecedented height, reaffirmed Saudi adherence to the One China policy and expressed readiness to deepen bilateral and multilateral cooperation to promote regional and global stability.