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

China and the United States issue a joint statement: Starting today, the implementation of a 24% tariff is suspended for 90 days. The U.S. July CPI rose 2.7% year-on-year, with core CPI reaching the highest level since February. The U.S. Ethereum spot ETF saw a net inflow of over $1 billion on Monday, setting a record. Japan's 10-year government bonds had no transactions throughout the day, marking the first time since March 2023. The Reserve Bank of Australia cut interest rates for the third time this year, significantly lowering economic forecasts. Media: Zelensky's stance has softened, and Ukraine may agree to a ceasefire and make concessions on territorial issues. Musk: xAI will take legal action against Apple regarding the app store issue. Intel rose nearly 3% in pre-market trading, as Trump softened his stance towards Intel's CEO and no longer demands his resignation. "First stock of stablecoins" Circle's Q2 revenue surged 53% year-on-year, with USDC circulation skyrocketing by 90% year-on-year. Xiaoma Zhixing's Q2 total revenue increased by 75.9% year-on-year, with Robotaxi revenue growing by 157.8%, and the total number of vehicles exceeding 500. The Nikkei 225 index closed up 2.1%; the Shanghai Composite Index closed up 0.5%; the Hang Seng Index closed up 0.25%