Von der Leyen: The European Union has listed 32 Russian banks and digital currency companies in the transaction ban

Two industry sources said on Thursday that Kazakhstan's oil production has declined due to the closure of the Black Sea terminal caused by drone attacks. Chevron led Tenggis oil field production has more than halved, dropping from an average of 925000 barrels per day in July to approximately 406000 barrels per day on Wednesday. Kazakhstan's total oil and gas condensate production on Wednesday decreased from an average of 2.07 million barrels per day in July to 1.63 million barrels per day.

On July 23rd, SK Hynix ADR rose over 5% in pre-market trading in the US stock market, reaching $173.75. The South Korean securities regulatory agency stated that SK Hynix has set the upper limit of the proportion of Korean stocks converted into ADRs at 2.5% of the total share capital. The CEO of a Korean securities depositary institution stated that the $26.5 billion ADR issued by SK Hynix on July 10th has exhausted its issuance limit, and investors are unable to convert Seoul listed stocks into ADRs.

According to Golden Jubilee Data, analyst Francesco Pesole from Dutch International Group stated that even if the European Central Bank hints at a rate hike in September, it will be difficult to prevent the euro from falling in the coming days. Due to the insufficient response of the foreign exchange market to the risk of the Middle East conflict, Dutch International Group holds a bearish view on the euro in the near future, and expects the euro to fall to around $1.1380 in the coming days.

Due to rising oil prices and inflation concerns, the market has raised expectations for the Bank of England to raise interest rates in 2026. The conflict in the Middle East has intensified, and investors expect high inflation. The Bank of England has raised interest rates to cope with inflationary pressures. The market expects the Bank of England to raise interest rates by 25 basis points in November, with a 93% chance of a rate hike in December. Last week, the market expected the Bank of England to raise interest rates by a total of 38 basis points in 2026.

The spot gold price fell below $4090 per ounce, with a intraday decline of 1.05%.