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According to Jinse Finance, the key U.S. macroeconomic data scheduled for release next week are as follows: On Tuesday at 20:30, the U.S. June CPI data and July New York Fed Manufacturing Index; on Tuesday at 21:15, Federal Reserve Governor Bowman will deliver a welcome address at a Fed-hosted conference; on Wednesday at 00:45, Federal Reserve Governor Barr will speak at a Fed-hosted conference; on Wednesday at 20:30, the U.S. June PPI data; on Thursday at 20:30, the U.S. June retail sales monthly rate, initial jobless claims for the week ending July 12, July Philadelphia Fed Manufacturing Index, and June import price index monthly rate; on Friday at 22:00, the U.S. July preliminary one-year inflation expectations and the preliminary July University of Michigan Consumer Sentiment Index.

Odaily Planet Daily News: The British cryptocurrency fintech company Ziglu, which collapsed earlier this year, faces a funding shortfall of £2 million ($2.7 million), leaving thousands of depositors facing the grim prospect of losing their investments. Reportedly, due to growing concerns over the company’s financial management, Ziglu was placed under special administration last week, after having suspended withdrawal services in May.Ziglu attracted around 20,000 customers with the promise of high-yield returns, especially through its “Boost” product, which offered yields as high as 6%. Launched during the low-interest-rate period of 2021, Boost became popular for its attractive returns. However, the product lacked safeguards or segregation measures, allowing the company to use customer funds for daily operations and lending activities. After the UK Financial Conduct Authority (FCA) intervened in May, withdrawals were frozen, and depositors’ funds have been locked for several weeks. (Cointelegraph)