Bank of England chief economist Peel: Inflation will face some fluctuations in the future.

Market News: Ukraine is reportedly making payments to holders of GDP-backed bonds.

US President Biden: The prisoner exchange agreement is the fruit of diplomacy and friendship. Allies made bold and courageous decisions in this agreement. Alliances make us safer.

According to the Kyiv Independent: Ukrainian Armed Forces Commander-in-Chief Sersky said that the Russian army suffered heavy losses on the Eastern Front, but gained little. The Russian army continues to concentrate its forces in the Pokrovsk region of Donetsk and deploy its most experienced assault troops.

Google (GOOG.O): Chrome browser is about to launch three new AI features using the latest Google AI and Gemini models.

Witnesses said a Russian government plane took off from an airport in the Turkish capital, Ankara, following a prisoner exchange.

European natural gas prices rose on supply risks, closing at their highest level this year.

Fannie Mae: U.S. 30-year mortgage rates fell to 6.73%.

New car sales in Italy increased by 4.66% year-on-year in July.

U.S. mortgage rates fell to their lowest level since February.

The statement said Iran, Hamas and Hezbollah could target Israel and Jewish institutions abroad.

According to the statement, Israel called on its citizens to be extra vigilant abroad, citing threats from Iran, Hamas and Hezbollah.

The White House: President Biden will deliver a speech at 12 noon local time.

The bid-to-cover ratio for the U.S. Treasury bond auction for the eight weeks ending August 1 was 2.74, compared with the previous value of 2.89.

The winning rate of the U.S. Treasury bond auction for the four weeks ending August 1 was 5.285%, compared with the previous value of 5.29%.

According to Politico: Microsoft has scaled back its artificial intelligence cooperation with UAE AI company G42.

The Dow Jones Industrial Average extended its losses to 1%.