[overnight global news you need to know on Friday] The ① US debt ceiling agreement is taking shape, with the main focus on the debt ceiling. ② Armenian Prime Minister Pashniyan said on the 25th that Armenia and Azerbaijan have reached an agreement on mutual recognition of territorial integrity. ③ White House talks with Republicans to raise the debt ceiling until the end of 2024. The U.S. Treasury is preparing to adjust the way payments to federal agencies are handled if the federal debt ceiling is breached, ④ Dow Jones reported, citing people familiar with the matter. The ⑤ swap market is fully priced. The Fed raised interest rates by 25 basis points before the July meeting. Us Republican debt ceiling negotiators have shelved demands for a big increase in defense spending and gradually began to accept the Biden budget proposal for only a small increase in defense spending, according to people familiar with the ⑥. ⑦ US President Joe Biden said he had had many fruitful communications with McCarthy and believed that an agreement would be reached. ⑧ Federal Reserve Collins said the Fed may have reached or close to the point in which interest rate hikes are suspended. Nott, the European Central Bank governor of the ⑨, said he needed to raise interest rates in June and July and was open to a rate rise in September. Haskell, a member of the ⑩ Bank of England, said further interest rate increases could not be ruled out. Russian Deputy Prime Minister Nowak of ⑪ said OPEC + would reach a consensus on action steps if necessary. ⑫ European and American stock markets closed mixed, with the Nasdaq up 1.71%, the S & P 500 up 0.88% and the Dow down 0.11%. The semiconductor index closed 6.8% higher, the biggest gain in six months. Nvidia is up more than 24%, and its share price is at an all-time high, up about 160% this year. The settlement price of ⑬ international crude oil futures fell sharply. WTI's July contract fell 3.37%, while Brent's July contract fell 2.68%. According to the German business newspaper ⑭, Tesla is under investigation by the European side because of the possible data leakage. UBS's acquisition of Credit Suisse could be delayed because UBS and the Swiss government have not yet agreed on the exact terms and conditions of the state guarantee, according to people familiar with the matter at ⑮. ⑯ Google began to open access to search labs. ⑰ JPMorgan Chase announced the dismissal of 15 per cent of former first Republic employees. ⑱ FDA officially approved the marketing of COVID-19 's therapeutic drug Paxlovid. The settlement price of ⑲ COMEX June gold futures closed down 1.06% at US $1943.7 per ounce. The amount of reverse repo tool used by the Federal Reserve on Thursday was $2.198 trillion.