National Bureau of Statistics chief statistician Dong Lijuan said June national CPI fell 0.3% MoM. International price swings drove domestic gold jewelry and gasoline down 8.7% and 4.9%, widening their declines by 5.9 and 4.6 ppt vs. last month and together subtracting about 0.22 ppt from CPI—around 0.19 ppt more drag than in the prior month. Food prices fell 0.4% MoM, unchanged from May, trimming roughly 0.07 ppt off CPI. Seasonal supply pushed fresh vegetables and fruit down 1.0% and 2.0% (com

Al Jazeera cited Iran analyst Mortazavi saying that after the end of direct exchanges the US and Iran have entered a phase where diplomatic talks coexist with military pressure. The current understanding, she said, merely pauses hostilities and does not resolve core disputes; both sides are testing red lines and seeking leverage for future negotiations. Mortazavi said Iran remains willing to talk but is maintaining military pressure to strengthen its bargaining position amid limited trust in the US, with some officials treating the deal as a temporary ceasefire rather than a move toward lasting peace. She warned the coming months could see repeated episodes of tension and localized escalations rather than sustained peace or full-scale war.

Venezuela's interim president Rodriguez has written to the UK government requesting the release of Venezuela's gold reserves frozen at the Bank of England.