According to BlockBeats, on July 31, market sources revealed that South Korean foreign exchange authorities implemented a rare dollar sell-off intervention on Thursday, pushing the won to a nine-month high. This action by South Korea coincided with Japan's intervention in New York on Thursday, buying yen and selling dollars, which pulled the yen back from a 40-year low. The won appreciated 2% against the dollar on Thursday, reaching 1418.0 won per dollar, its strongest level since October 20 last year. The won touched a 17-year low of 1561.50 last month and has risen more than 8% this month, on track for its biggest monthly gain since March 2009.

A South Korean Ministry of Finance foreign exchange official declined to confirm the intervention. A South Korean foreign exchange trader said the market suspected a coordinated intervention by South Korea and Japan, given their previous statements indicating close coordination. On July 2, South Korea's Vice Finance Minister stated at a press conference that Seoul was maintaining close communication with Japan and other key allies regarding foreign exchange issues. Japan's top foreign exchange official followed suit on July 7, stating that Tokyo was in close communication with Seoul's foreign exchange officials, citing the sometimes similar volatility patterns in the two countries' financial markets.

According to BlockBeats, on July 31, US President Trump announced on social media that the Peace Committee had reached a historic agreement to completely disarm Hamas and all armed groups in Gaza. This agreement is a significant step towards Gaza being governed by a new Palestinian government, which will work closely with the Peace Committee to help the Palestinian people.

At the same time, Israel will receive the security guarantees it deserves, and Gaza will no longer be used as a base for "terrorist attacks." This is a significant milestone in the implementation of Trump's 20-point plan. The agreement will proceed in carefully designed phases. With the completion of disarmament, Israeli troops will withdraw, and the international stabilization force will work with the new Palestinian police force to ensure the safety of Gaza for its residents and neighboring countries. Trump stated, "We have made historic progress, but much work remains to be done."

According to BlockBeats, on July 31, based on BIT (bit.com) market data, Microsoft's US stock closed up 15.5% on Thursday, marking the company's fourth-largest single-day gain and recording the largest single-day market capitalization increase in the history of US stocks.

Investors welcomed its strong earnings report, breaking the recent generally sluggish market sentiment for AI-related companies. The stock's year-to-date decline narrowed to 5.8% from approximately 19.3% at Wednesday's close. Data analysis shows that this surge added $450 billion to Microsoft's market capitalization, surpassing Nvidia's $440 billion single-day gain on April 9, 2025, becoming the largest market capitalization increase in U.S. stock history.