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Condition - Soybeans (United States) {US} OBSERVATION PERIOD: Jul 24 (Weekly) ACTUAL : 63% PRIOR : 66% REVISED : -- SURVEY : -- (Mean: --, High: --, Low: --) Progress - Spring Wheat Harvest (United States) {US} OBSERVATION PERIOD: Jul 24 (Weekly) ACTUAL : 2% PRIOR : 96% REVISED : -- SURVEY : -- (Mean: --, High: --, Low: --) Condition - Spring Wheat (United States) {US} OBSERVATION PERIOD: Jul 24 (Weekly) ACTUAL : 53% PRIOR : 53% REVISED : -- SURVEY : -- (Mean: --, High: --, Low: --) Condition - Corn (United States) {US} OBSERVATION PERIOD: Jul 24 (Weekly) ACTUAL : 63% PRIOR : 67% REVISED : -- SURVEY : -- (Mean: --, High: --, Low: --)

Chip Stocks Slide as Oil Extends Losses; US-China Tariff Talks Show Progress 28 July 2026   Market Snapshot (Previous Close) 📈 S&P 500 Index 7,413.18 (+0.02%)↑ 📈 Straits Times Index 5,620.24 (0.57%)↑ 📈 Nikkei 225 Index 64,931.19 (+0.50%)↑ 📈 Gold Spot 4,076.26 (+0.58%)↑   💻 Technology shares remained under pressure as semiconductor stocks extended their selloff. The Nasdaq 100 moved closer to correction territory while a major chipmaker index declined for a third consecutive session. ASML led losses after reports that a Chinese state-backed company has begun mass-producing certain chipmaking equipment, raising concerns over intensifying competition in the semiconductor industry.   🛢️ Oil prices tumbled as hopes for a diplomatic breakthrough in the Middle East improved sentiment. President Donald Trump said there is a "good chance" of reaching a deal with Iran, while Iranian and Omani officials worked to restore shipping through the Strait of Hormuz. Brent crude fell 9.3% to US$87.82 a barrel and WTI crude dropped 8.2%, easing concerns over supply disruptions that had driven prices sharply higher in recent weeks.   🌏 US-China trade relations showed signs of stabilization. Beijing said Washington had agreed to cap replacement tariffs on Chinese goods at 20%, limiting additional increases beyond the recently announced 12.5% levies. China also warned it would take "all necessary measures" if the US proceeds with sanctions targeting its AI companies.   🤖 AI investment continued to gather pace despite concerns over valuations. Nvidia is reportedly working on more than US$750 billion worth of AI-related deals, including a US$5 billion investment in a startup co-founded by OpenAI's former chief scientist. Meanwhile, Moonshot AI has released its Kimi K3 model for public download, intensifying competition among leading AI developers.   🇯🇵 Japan remained in focus ahead of this week's Bank of Japan meeting. Prime Minister Sanae Takaichi defended progress on her policy agenda despite falling approval ratings, while analysts suggested a more dovish outcome from the BOJ could weaken the yen further toward the 165 level against the US dollar.   🇵🇭 The Philippines pledged stronger anti-corruption measures. President Ferdinand Marcos Jr. announced that his administration would intensify its anti-corruption campaign while proposing tax relief measures, including raising the non-taxable income threshold and removing power delivery charges to support households.   📊 Markets are increasingly focused on the outlook for interest rates. Wall Street strategists expect Treasury yields to remain elevated as a hawkish Federal Reserve keeps pressure on bond markets, with investors positioning cautiously ahead of this week's policy meeting.   👀 Market Focus: Investors will watch comments from Reserve Bank of Australia Governor Michele Bullock, India's industrial production data and this week's earnings from Singapore Airlines and other regional corporates. Markets will also remain focused on the Federal Reserve meeting, US-China trade developments and whether easing geopolitical tensions continue to weigh on oil prices.

Curated Headlines for 28 July 2026 South China Morning Post Lower profit margins set to foil Chinese carmakers’ price war plans despite falling sales https://www.scmp.com/business/china-business/article/3361876/lower-profit-margins-set-foil-chinese-carmakers-price-war-plans-despite-falling-sales?module=top_story&pgtype=subsection What CXMT must do to grow global memory market share and build on its surge: analysts https://www.scmp.com/tech/big-tech/article/3362012/what-cxmt-must-do-grow-global-memory-market-share-and-build-its-surge-analysts?module=top_story&pgtype=subsection The Business Times Oil prices settle at lowest in over a week, as US pauses attacks on Iran Trump said the US was holding “good talks” with Iran https://www.businesstimes.com.sg/companies-markets/energy-commodities/oil-prices-settle-lowest-over-week-us-pauses-attacks-iran US stocks: Wall Street ends mixed as investors focus on tech earnings Tech heavyweights such as Meta and Microsoft will report quarterly results this week https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-wall-street-ends-mixed-investors-focus-tech-earnings The Wall Street Journal Ford Motor Joins Race to Build Next U.S. Army Truck Defense officials have asked U.S. automakers to help boost weapons and equipment production https://www.wsj.com/business/autos/ford-motor-joins-race-to-build-next-u-s-army-truck-f8efa051?mod=hp_lead_pos5 Barron’s Warner Bros. Stock Hits Lowest Price Since Paramount Deal: Merger Odds Around 50% https://www.barrons.com/articles/warner-bros-stock-paramount-merger-40acbc3d?mod=hp_minor_pos22

Daily Market Updates 27072026

Export Inspections - Soybeans (United States) {US} OBSERVATION PERIOD: Jul 23 (Weekly) ACTUAL : 348.9k PRIOR : 297.0k REVISED : -- SURVEY : -- (Mean: --, High: --, Low: --) Export Inspections - Corn (United States) {US} OBSERVATION PERIOD: Jul 23 (Weekly) ACTUAL : 1488.0k PRIOR : 1549.8k REVISED : -- SURVEY : -- (Mean: --, High: --, Low: --) Export Inspections - Wheat (United States) {US} OBSERVATION PERIOD: Jul 23 (Weekly) ACTUAL : 394.8k PRIOR : 214.0k REVISED : -- SURVEY : -- (Mean: --, High: --, Low: --)

Industrial Production YoY (Singapore) {SI} OBSERVATION PERIOD: Jun (Monthly) ACTUAL : 7.2% PRIOR : 13.0% REVISED : 17.8% SURVEY : 9.3% (Mean: 9.6%, High: 15.0%, Low: 6.3%)

Oil Retreats as US-Iran Truce Holds; Samsung Secures US$200 Billion Broadcom Deal 27 July 2026 Market Snapshot (Previous Close) 📈 S&P 500 Index 7,411.98 (+0.05%)↑ 📉 Straits Times Index 5,588.34 (-0.04%)↓ 📉 Nikkei 225 Index 65,720.81 (-1.94%)↓ 📈 Gold Spot 4,052.79 (+0.08%)↑ 🛢️ Oil prices retreated sharply as the pause in hostilities between the US and Iran held. Crude prices fell after Washington suspended further strikes against Iran while Tehran held talks with Oman over shipping through the Strait of Hormuz. Despite the de-escalation, Houthi forces claimed attacks on Saudi Aramco assets, highlighting that geopolitical risks in the region remain elevated. 📊 Wall Street delivered a mixed performance as investors balanced easing geopolitical tensions against concerns over AI spending and interest rates. The S&P 500 edged up 0.05% and the Dow Jones gained 0.5%, while the Nasdaq slipped 0.6%. Investors are now turning their attention to a busy week of Big Tech earnings and the Federal Reserve's upcoming policy decision. 💻 AI investment remained firmly in focus despite signs of funding becoming more selective. Nvidia is reportedly in talks with OpenAI to secure US$250 billion in financing for a major data centre project, while Samsung won a contract worth more than US$200 billion to manufacture chips for Broadcom. Separately, DeepSeek has reportedly suspended its latest fundraising round following heightened scrutiny over US-China AI competition. 🇸🇬 Singapore tightened monetary policy slightly as inflation risks persist. The Monetary Authority of Singapore raised the rate of appreciation of its policy band "very slightly" while leaving the width and centre unchanged, supporting the Singapore dollar and signalling policymakers remain vigilant on inflation. 🌏 Investors are rotating within Asian equities. Large regional funds are reportedly trimming exposure to popular AI names and increasing allocations to markets such as China, Indonesia and India. The shift has helped Southeast Asian equities outperform broader Asian peers and puts the region on track for its strongest relative monthly performance in over two decades. 🌐 Trade tensions continue to reshape global supply chains. The US has reportedly asked Mexico to align its tariff policies on Chinese steel and aluminium with Washington's measures, while ongoing debates over tariffs continue to raise concerns about higher production costs and global trade flows. 🚘 China's semiconductor sector reached another milestone. Memory chipmaker CXMT is set to debut on Shanghai's STAR Market after raising 66.6 billion yuan in its IPO, giving the company an estimated valuation of around 580 billion yuan and making it one of China's largest listed technology firms. 👀 Market Focus: Investors will monitor Singapore's June industrial production, China's June industrial profits and Japan's services producer price index for fresh insights into regional economic momentum. Markets will also closely watch this week's Federal Reserve meeting and a packed slate of Big Tech earnings, which are expected to shape sentiment across global equity markets.

Curated Headlines for 27 July 2026 Barron’s  Stock Futures Are Rising, Oil Falling With Iran Peace Talks Continuing  https://www.barrons.com/articles/stock-futures-trading-sunday-bc878fbe Fed Meeting, Inflation, Boeing, Meta, Apple, Exxon, and More to Watch This Week  https://www.barrons.com/articles/fed-meeting-inflation-boeing-meta-apple-exxon-01806fda South China Morning Post  Chinese battery giant CATL posts record quarterly profits amid green energy boom  https://www.scmp.com/business/companies/article/3361795/chinese-battery-giant-catl-posts-record-quarterly-profits-amid-green-energy-boom?module=top_story&pgtype=section  Wall Street funds back China’s WuXi AppTec as weight-loss drug orders soar  https://www.scmp.com/business/companies/article/3361720/wall-street-funds-back-chinas-wuxi-apptec-weight-loss-drug-orders-soar?module=top_story&pgtype=section  Demand for Dubai homes cools as Middle East conflict drags on  https://www.scmp.com/business/article/3361877/demand-dubai-homes-cools-middle-east-conflict-drags?module=top_story&pgtype=section  The Business Times  Gold climbs after pause in US-Iran strikes eases oil prices and inflation fears  Gold has largely hovered around US$4,000 an ounce since late June, which some traders see as a key support level  https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-climbs-after-pause-us-iran-strikes-eases-oil-prices-and-inflation-fears  US Fed faces growing pressure to hike rates as oil prices rebound, inflation risks rise  https://www.businesstimes.com.sg/international/us-fed-faces-growing-pressure-hike-rates-oil-prices-rebound-inflation-risks-rise  The Wall Street Journal  Trump Pauses Iran Strikes as Officials Weigh Dwindling Air Defense Stocks  The U.S. held off on a major military campaign that could have lasted two weeks, officials said  https://www.wsj.com/world/middle-east/trump-pauses-iran-strikes-as-officials-weigh-dwindling-air-defense-stocks-c7d7ebb0?mod=hp_lead_pos1  Nvidia in Talks With OpenAI to Guarantee $250 Billion Financing for Data Center  Project would be one of the largest AI computing hubs and involve power controlled by the U.S. government  https://www.wsj.com/tech/ai/nvidia-in-talks-with-openai-to-guarantee-250-billion-financing-for-data-center-3dd6eae3?mod=hp_lead_pos2 

Daily Market Updates 24072026

Baker Hughes U.S. Rig Count (United States) {US} OBSERVATION PERIOD: Jul 24 (Weekly) ACTUAL : 587 PRIOR : 588 REVISED : -- SURVEY : -- (Mean: --, High: --, Low: --)

Retail Sales Ex Auto Fuel YoY (United Kingdom) {GB} OBSERVATION PERIOD: Jun (Monthly) ACTUAL : 5.4% PRIOR : 4.6% REVISED : -- SURVEY : 3.2% (Mean: 3.4%, High: 4.1%, Low: 3.0%) Retail Sales Ex Auto Fuel MoM (United Kingdom) {GB} OBSERVATION PERIOD: Jun (Monthly) ACTUAL : 1.1% PRIOR : 1.2% REVISED : -- SURVEY : -0.5% (Mean: -0.3%, High: 0.5%, Low: -1.0%)