According to RIA Novosti: Russian President Vladimir Putin and Indian Prime Minister Narendra Modi held a constructive discussion on the Ukraine issue.

The UK government has announced plans to expand its new National Wealth Fund to unlock private sector investment.

Russian Deputy Prime Minister Novak: Russia now supplies 3 million tons of liquefied natural gas to India every year. Russia and India are considering signing a long-term oil supply contract.

Russian Deputy Prime Minister Novak: Russia may increase liquefied natural gas supplies to India.

Industry observer Euroilstock: European crude oil inventories were 419 million barrels in June, down 3% from May and 4.1% year-on-year.

The annual rate of Red Book commercial retail sales in the United States for the week ending July 6 was 6.3%, compared with 5.8% in the previous week.

Market News: The global uranium mining market is expected to reach US$11.38 billion by 2030 as reliance on nuclear energy increases.

BlackRock Investment Institute: Given higher long-term interest rates and large fiscal deficits, we like inflation-linked bonds.

ECB board member Centeno: PPI data raises questions about the pace of easing.

ECB board member Centeno: There is no reason for inflation to be lower than expected.

Shell (SHEL.N): The Manatee project is scheduled to start production in 2027. Once online, peak production is expected to reach 104,000 barrels of oil equivalent per day.

Shell (SHEL.N): Plans to grow LNG business by 20-30% by 2030 compared to 2022.

The Baltic Dry Index fell 2.37% to 1,894 points.

Market news: Anglo American hires banks to sell coal assets.

[Market Analysis: Powell will continue to urge people to be patient] Federal Reserve Chairman Powell will deliver a semi-annual monetary policy report to Congress. Brown Brothers Harriman Bank said that Powell is expected to continue to urge people to be patient before the Fed relaxes monetary policy. He pointed out last week that the latest data does show that we are back on the path of anti-inflation, and emphasized that "the strong economy and job market give us the ability to wait patiently before starting to cut interest rates." The analysis said: "Although the US economy has slowed down, it is still performing well, so the Federal Reserve will remain cautious and keep its hand on the FOMC meeting in late July. The market expects the probability of a rate cut by then to be less than 10%, and the probability of a rate cut in September is around 80%, which is almost the same as before the release of the non-farm payrolls data."

According to the Financial Times: Dyson will lay off 1,000 employees in the UK.

Market news: The UK National Wealth Fund Working Group released a research report targeting the Labour government, saying that the UK needs an additional investment of up to 57 billion euros in green projects by 2030.

Market News: Pakistan will provide 50 billion rupees of relief to electricity consumers.

According to the Wall Street Journal: Duolingo acquires animation and motion design studio Hobbes.