News

Australia's private sector lending rate rose 8.5% year-on-year in June, down from 8.20% previously.

Australia's private sector loan monthly rate in June was 0.8%, expected to be 0.60%, and the previous value was 0.70%.

Australia's PPI rose 1.3% quarter-on-quarter in the second quarter, compared with 0.40% in the previous quarter.

Australia's PPI annual rate in the second quarter was 3.6%, compared with the previous value of 3.00%.

HSI opened on July 31 (Friday), down 21.16 points, or 0.08%, to 25837.72 points;Hong Kong’s Hang Seng Technology Index opened on July 31 (Friday), up 14.24 points, or 0.3%, to 4818.01 points; The state-owned enterprise index opened down 21.01 points, or 0.24%, to 8623.7 points on July 31 (Friday);The red chip index opened down 5.51 points, or 0.13%, to 4244.91 points on July 31 (Friday).

German Geoscience Research Center GFZ: A 5.6-magnitude earthquake occurred in the Peru-Brazil border area.

S&P 500 futures rose 0.3%, and Nasdaq futures expanded to 1.1%.

Trump will host a Cabinet meeting at Camp David at 11 a.m. ET on Friday.

Boosted by the sharp rebound in U.S. semiconductor stocks, South Korea's KOSPI index soared 13% at the beginning of Friday's trading, triggering the "buy sidecar mechanism" (that is, suspending programmed buy orders). The benchmark stock index's latest gain expanded to 15%, with the two chip giants Samsung Electronics and SK Hynix rising 21% and 26% respectively. Kim Juyeon, a researcher at Mirae Asset Securities, said: "The catalyst for today's market came from Microsoft's financial report released after the market closed the day before. Its core business growth exceeded expectations, verifying the rationality of the expanding capital expenditure scale, thus dispelling the market's doubts about the sustainability of AI infrastructure investment. It became the trigger for the rebound of sectors centered on semiconductor stocks. "In addition, market interpretation believes that the liquidation of hedge funds that previously increased the downward pressure on the stock market is nearing completion, the deleveraging process is basically completed, and investment sentiment has recovered. Han Jiyoung, a researcher at Kiwoom Securities, said: "In the recent plunge in semiconductor stocks, there is pressure on leveraged funds to sell due to losses. However, as large hedge funds are liquidated, the market's expectations that deleveraging is coming to an end have increased, and semiconductor stocks such as Micron and SanDisk have rebounded sharply. "

Japan's Topix index rose 1.1%.

Major European stock index futures were higher, with Euro Stoxx 50 futures up 0.6%, Germany's DAX futures up 0.5% and Britain's FTSE futures up 0.5%.

The NI225 index reached 64,000 points, up 3.57% on the day.

Australia's S&P/ASX200 index opened up 76.50 points, or 0.85%, on Friday, July 31, to 9044.20 points.

Deputy Finance Minister of South Korea: Closely coordinate with major countries such as the United States and Japan in the foreign exchange market.

Japan's top foreign exchange official Jun Mimura: Listen to various concerns about the recent weakness of the yen.

Japan's top foreign exchange official Jun Mimura: Maintain close contact with the US authorities.

Japan's top foreign exchange official Jun Mimura: Always ready to take appropriate action.

Japan's top foreign exchange official Jun Mimura: No comment on our future plans.

U.S. Treasury Secretary Bessent: The yen has deviated significantly from its equilibrium price and is seriously undervalued; we are not worried about the yen strengthening against the U.S. dollar again. The yen is currently very cheap, and the Japanese economy is performing well.

US President Trump: The Peace Council reached a historic agreement to fully disarm Hamas and all other armed groups in Gaza.