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According to Lawstreetmedia, the sentencing hearing for Citron Research founder Andrew Left is scheduled for August 31, 2026, with a theoretical maximum sentence of up to 265 years. Prosecutors allege that Andrew Left used short-term options to bet on stock price fluctuations and pre-set limit orders, involving stocks such as NVIDIA, Tesla, Facebook, General Electric, and Luckin Coffee.

(1) Iwona Duda, a member of the Polish Monetary Policy Council, stated that the central bank will not commit in advance to any fixed policy path; the current baseline scenario is that interest rates will remain stable in the coming months. (2) Inflation has not increased significantly and remains within the target range of the National Bank of Poland. There are currently no signs indicating that the impact of oil prices is being broadly transmitted across various sectors of the economy, and the council is closely monitoring producer price inflation levels. (3) Regarding interest rate cuts, Duda said that the matter will only be discussed if the economic situation is confirmed to be sufficiently favorable. After a 25-basis-point rate cut in March 2026, the scope for further rate cuts in Poland is now very limited.

Walsh's debut was more hawkish than expected. From a results-oriented perspective, this is somewhat bearish for gold. However, since this has previously been priced in, the short-term negative impact on gold may not last. Yet, from the perspective of interest rate hike expectations, the bearish effect could be more medium-term. In addition, with the signing of the U.S.-Iran memorandum of understanding, market attention may shift to the navigation issues of the Strait of Hormuz and crude oil prices, and then to forecasts regarding the future path of interest rates. Overall, gold may continue to fluctuate at low levels.