The People's Bank of China injects $73.8 billion in liquidity into the banking system
--
The People's Bank of China injected $73.8 billion in liquidity into the banking system, the largest liquidity injection in five months, aimed at supporting economic growth. （Cointelegraph）
ING stated that the threat of Red Sea shipping increases the risk of supply disruption, and Brent crude oil prices may rise by more than 12% this week. Brent crude oil closed above $100 per barrel and fell to $99.39 per barrel in early trading, a decrease of 1.3%; WTI crude oil fell 1.4% to $90.89 per barrel. ING analysts point out that if Brent crude oil prices approach $120 per barrel, the negotiation pressure faced by the US President Trump administration will increase. For Iran, ING pointed out that the current core issue is how long Iran can withstand a sharp decline in oil revenue under the US blockade.
According to Xinhua News Agency, Iranian media quoted Iranian officials as saying that the US military launched a missile attack on an Iranian Islamic Revolutionary Guard Corps naval base in Gilan Province, Iran. The attack caused damage to some equipment at the base, and no casualties have been announced yet.
New Street Research has lowered the target price for Alphabet from $455 to $405, UBS from $400 to $379, Oppenheimer from $445 to $400, D.A. DAVIDSON from $375 to $350, Wells Fargo from $418 to $411, Morgan Stanley from $415 to $400, Montreal Bank from $455 to $465, and Barclays from $405 to $425.
According to CCTV News, the Supreme People's Court and the Supreme People's Procuratorate jointly issued the Decision on Amending the Interpretation of the Supreme People's Court and the Supreme People's Procuratorate on Several Issues Concerning the Specific Application of Law in Handling Criminal Cases of Insider Trading and Disclosure of Insider Information (Interpretation [2026] No. 13), which will come into effect on July 27, 2026. The Supreme People's Court and the Supreme People's Procuratorate will guide local people's courts and procuratorates to accurately understand and apply the "Amendment Decision", and severely punish crimes such as insider trading and leaking insider information in accordance with the law.
Affected by US President Trump's announcement of new tariff measures, Sri Lanka's international sovereign bonds fell by 1 cent, while Pakistani and Indonesian bonds came under pressure.
