Global Headlines You Need to Know Before U.S. Market Open on Monday

China's July retail sales of consumer goods increased by 0.6% year-on-year, with communications equipment consumption surging 20.4%, while automobile sales fell 17%. China's July industrial value-added above designated size slowed to a 4.5% year-on-year increase, with strong growth momentum in equipment manufacturing and high-tech manufacturing. From January to July, China's real estate development investment fell 19.2% year-on-year, and sales of newly built commercial housing dropped 13.1% year-on-year. July housing prices in 70 cities: The month-on-month increase in second-hand housing prices in first-tier cities continued to slow to 0.2%, and the year-on-year decline in housing prices across cities of all tiers further narrowed. From January to July, China's urban fixed-asset investment decreased by 6.7%, while the aviation, spacecraft, and equipment manufacturing sector grew by 19.2%. Two departments released the "15th Five-Year" oil and gas plan: Domestic oil and gas supply is projected to reach 440 million tons by 2030. Trump threatened that if Oman obstructed the United States, the U.S. would bomb Oman. With repeated U.S. "defaults," hardliners in Iran have abandoned hopes for the U.S. and were exposed to be secretly expanding military preparations for a "new round of confrontation." European Central Bank: An AI market correction could have serious consequences for the eurozone. AI cash burn is unstoppable! Alphabet issued bonds in Australia for the first time, planning to raise 5 billion Australian dollars. The iPhone 17 series may see global price increases by the end of the month, with individual units costing up to nearly 1,000 yuan more. How aggressive is Anthropic's IPO valuation? Wall Street bets: Revenue will skyrocket to $200 billion by 2028. Pre-market U.S. stocks: The three major stock index futures showed mixed performance, memory chip concepts rose broadly, gold, silver, and oil prices increased, and the renminbi hit a three-and-a-half-year high. The Nikkei 225 Index closed up 0.6%, the Shanghai Composite Index closed up 1.14%, and the Hang Seng Index closed up 1.34%.