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📉 The Magnificent Seven (the seven largest technology stocks) lost $797 billion in market capitalization due to concerns about AI spending and renewed Middle East tensions, with the group down 4.8%.
🇪🇺 European Central Bank (ECB) officials are ready to raise interest rates by 25 bps in September, unless the inflation outlook in the euro area improves significantly.
🇯🇵 Japan’s 40-year bond yields rose 10 bps to 4.01%, as investors question whether the BOJ (Bank of Japan) will tighten monetary policy fast enough to curb inflation.
🚗 Volkswagen is cutting its 2026 revenue forecast to as much as 3% lower, citing weaker sales in China.
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📆 TODAY’S SCHEDULE - 24.07.2026
🇬🇧 Flash Services PMI (early sector services PMI data) – 11:30 WIB (GMT+3)