Global news you need to know before the U.S. stock market opens on Friday

Wallstreetcn
2025.07.11 12:56

According to CCTV, Wang Yi met with U.S. Secretary of State Rubio.
The Shanghai and Shenzhen Stock Exchanges issued guidelines, and northbound funds are included in the scope of program trading reports.
Trump: Very "disappointed" in Putin, will make a "major announcement" regarding Russia next Monday.
Reports: The scope of Trump's 50% copper tariff may expand to semi-finished products, potentially impacting the construction of U.S. power grids and data centers.
IEA Monthly Report: Saudi Arabia's oil production significantly increased in June, far exceeding OPEC+ quotas.
The UK economy contracted for the second consecutive month, with May GDP unexpectedly declining by 0.1%, increasing pressure on the central bank to cut interest rates.
Russian Deputy Prime Minister Novak: Considering a complete ban on gasoline exports.
According to The Paper, XPeng has fulfilled its 60-day payment term commitment, and multiple suppliers have received emails to sign supplementary agreements.
Trump's "Reciprocal Tariff 2.0" has begun, U.S. stocks rose in pre-market trading for Chinese concept stocks, European stocks fell, the U.S. dollar and gold strengthened, and Bitcoin hit a new high.
The Nikkei 225 index closed down 0.2%, the Shanghai Composite Index closed up 0.01%, and the Hang Seng Index closed up 0.46%