1. Trump threatens to punish Russia if it ignores ultimatum
President Trump has warned of severe sanctions if Russia does not respond to a proposal for dialogue on Ukraine within the next 72 hours, in what is considered the White House's toughest move this year.
Latest news on August 4
2. Ukraine calls on the US to 'strangle' the Russian economy
Kiev has asked Washington to step up energy and financial sanctions against Russia. The Ukrainian president has also issued new sanctions himself targeting Russia's oil and gas sector.
3. Gold surpasses $2,350/oz – sets 6-week high
World gold prices rose sharply to $2,352/oz, marking a 6-week high. More than 60% experts predict the upward trend will continue due to geopolitical concerns and policy risks.
4. Commodity market awaits US tax policy
Agricultural, energy and metal prices were temporarily flat as investors waited for the next list of tariffs from the US. Short-term money flows shifted to gold and the US dollar.
5. USD keeps rising, Yuan slides sharply
The greenback continued to rise as investors sought safe havens. In contrast, the yuan fell sharply on concerns that Chinese exports would be affected by the new trade tensions.
6. White House angry with Indo-Pacific partners
The US has made a rare, harsh statement, reportedly aimed at a major partner in the Indo-Pacific region, over delays in implementing supply chain security commitments.
7. Trump angry over controversial jobs figures
The head of the Bureau of Labor Statistics was fired after releasing unemployment data that Mr Trump said was “market-shattering” and inaccurate.
8. Israel shocked by hostage video, Hamas offers new conditions
Prime Minister Netanyahu reacts strongly to the video of hostages in Gaza. At the same time, Hamas sets new conditions for accepting international humanitarian aid.
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