Holds

• Stanley Black & Decker's stock remains steady, supported by consistent demand for professional and consumer tools. • The company's performance is currently driven by its exposure to construction cycles and the implementation of ongoing efficiency initiatives. • As a mature industrial business, the stock's long-term outlook depends on management's portfolio strategy, capital allocation, and cost-efficiency measures.

• DeepSeek founder Liang Wenfeng has reached a net worth of $36 billion, surpassing all Western AI creators following a funding round in June. • The company announced plans for a Chinese IPO in 2027, confirming that China’s state AI fund holds the sole investor vote in its governance structure. • This development clarifies that DeepSeek operates as a Chinese state asset rather than a commercially independent research lab, a key distinction for global developers and government agencies.

• Spain's EU-harmonised 12-month inflation rate remained steady at 3.6% in June 2024. • According to statistics from the National Statistics Institute (INE), the figure aligned with both previous data and market forecasts. • This stability provides a key indicator of price trends within the Eurozone, influencing broader economic assessments of the region.

• The USD/KRW currency pair is currently trading at ₩1,490, reflecting a 0.53% decrease as the U.S. Dollar faces persistent downside momentum. • Technical analysis indicates a flat pattern is holding, with critical support established at the ₩1,482 level. • This price action occurs amid broader market volatility, including mixed U.S. stock futures and concerns over an oil shock impacting CPI data.

• European markets remained volatile on July 13, 2026, with oil prices holding higher as investors focused on escalating tensions between the US and Iran. • Chip stocks surged by 10% while gold prices plunged, a shift driven by a strengthening US dollar that some traders suggest signals a potential regime change. • Concerns are mounting over US fiscal health, as national debt has now exceeded the size of the economy and the Treasury is borrowing $155 billion per month.

• Deutsche Bank's stock remains steady as investors evaluate the lender's capital strength, profitability, and exposure to international markets. • The bank is currently undergoing a strategic transformation aimed at simplifying its business structure and improving capital ratios to enhance overall stability. • As a key provider of M&A advisory, bond underwriting, and transaction banking, the firm is directly impacted by corporate activity trends across Europe, the US, and Asia.

• External Affairs Minister S. Jaishankar met with UN Secretary-General António Guterres to discuss critical global conflicts in Ukraine, Sudan, and West Asia. • During the meeting, India officially launched its campaign to secure a seat on the United Nations Security Council (UNSC) for the 2028-29 term. • The campaign emphasizes India's commitment to "Shanti" (peace) and diplomacy, highlighting Prime Minister Narendra Modi's stance that the current era should be defined by dialogue rather than war.