The pace of global liquidity tightening has temporarily eased, and brokers anticipate a marginal improvement in the second half of the year.

The sharp rise in international oil prices has led to stronger inflation data, heating up market expectations for a tightening of global liquidity. However, as international oil prices have retreated, central banks of major economies such as the Federal Reserve, the Bank of Japan, the European Central Bank, and the Bank of England all announced in July that they would hold their positions steady, which to some extent eased market concerns. What changes will the global liquidity environment experience in the second half of the year? Several industry insiders have stated to reporters that if easing geopolitical tensions lead to a decline in oil prices and alleviate inflationary pressure, the market's previously overstated interest rate hike expectations may be corrected, and the pressure of tightening liquidity is expected to be alleviated in stages. For investors, opportunities in technology and high-end manufacturing sectors, resource sectors, and undervalued high-dividend assets are worth paying attention to. The AI industry chain is still in its early stages and continues to show high levels of enthusiasm. Gold prices are also expected to return to an upward trend.