🇨🇳 China just made a surprise interest rate cut by 0.25% to stimulate economic growth.

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🇺🇸FED SPEAKERS THIS WEEK:

• FOMC MEMBER BOWMAN (WED. 4:05PM)
• FOMC MEMBER LOGAN (WED. 4:05PM)

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🇨🇳 Chinese gold imports declined by 58% in June, hitting their lowest level since May 2022.

Purchases of gold from 139 tons in May to 59 tons in June, even as gold has been trading in all time high territory.

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Exclusive:🚨Nvidia preparing version of new flagship AI chip for Chinese market

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🇨🇳 China builds world’s 1st meltdown-proof nuclear reactor with 105 MW capacity, making it possible to build nuclear plants without the risk of dangerous meltdown.

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🇨🇳 China begins transition to 6G network.

China aims to start commercializing 6G technology by 2030 and expects that the standard-setting for the technology will be achieved by 2025.

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📣 Apple $AAPL is working on a foldable iPhone that could be released as early as 2026 and in recent months reached out to suppliers in Asia to make components for the device - The Information

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🇺🇸 Donald Trump says he has never discussed or thought of Jamie Dimon or Larry Fink for U.S. Treasury Secretary

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🚨 Tesla $TSLA is down 7.5% in after hours following its earnings.

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JUST IN: 🇺🇸 US Senate considers voting to ban Congress from trading 📈 stocks before November elections.

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