Graphic: July 5, 2023 (Wednesday) ICBC Account Precious Metal Quotes

Central Bank of the Philippines: Risks to CPI outlook remain tilted to the upside.

Central Bank of the Philippines: Inflation will return to the target range in the fourth quarter.

Central Bank of the Philippines: Inflation will remain high in the short term.

Central Bank of the Philippines: Willing to adjust monetary policy stance as needed to prevent further expansion of price pressures.

National Socioeconomic Planning Secretary of the Philippines: The Philippine inflation rate is expected to fall to the range of 2% to 4% by the end of the year.

Market news: U.S. President Joe Biden will meet with Swedish Prime Minister Christosson at 2 p.m. EST.

Police in Fort Worth, Texas, in the south-central United States, said on the 4th that a shooting occurred late at night in the center of Fort Worth on the 3rd, killing at least 3 people and injuring 8 others.

According to the British Financial Times: India plans to produce domestic microchips by the end of 2024.

The Nikkei 225 was down 1.00% on the day.

US Secretary of State Blinken: Will travel to Trinidad, Tobago and Guyana on July 5-6.

Russia’s gross domestic product could grow by 2% in 2023, the Russian agency quoted the prime minister as saying.

IDF: Israeli officer killed in operation in Jenin.

UK Government Spokesperson: The UK Government remains committed to investing £11.6 billion in international climate finance and we are delivering on this commitment.

A Yemeni government official said on July 4 local time that the government forces and the Houthi armed forces had a fierce exchange of fire in Taiz province in southwestern Yemen that day, and at least six people were killed on both sides.

According to the Financial Times: The Bank of England is considering restrictions on the branches of foreign banks in the UK.

US President Joe Biden: Discussed preparations for the NATO summit with German Chancellor Scholz on Tuesday.

The Hang Seng Index futures closed down 0.40% in night trading, at 19415 points, 151 points below water.

According to RIA Novosti: Russia and Syria will hold military exercises in Syria on July 5.