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According to a Pew Research Center survey released on August 15th, US President Trumps tariff policies and "Big, Beautiful" tax and spending bill are both more disapproved than supported nationwide. 61% of respondents oppose the tariffs, while only 38% support them. 46% oppose the "Big, Beautiful" bill, while 32% support it, and 23% remain undecided. The survey shows that 53% of Americans believe Trump has made federal government operations worse, 27% believe it has improved, and 20% believe the changes are mixed. Trumps overall approval rating is 38%, down 9 percentage points from the beginning of his presidency. Appraisals of his honesty, concern for ordinary people, and role model have all declined compared to last year.The 20-year Japanese government bond yield rose 2.0 basis points to 2.57%.On August 15th, tech media outlet MacRumors reported that Apple (AAPL.O) may have inadvertently leaked chip configuration details for several unreleased devices. Code indicates the next-generation Vision Pro headset may be equipped with an M5 chip, which aligns with previous predictions from supply chain analyst Ming-Chi Kuo. The leak involves upgrades to several product lines: the iPad Mini may adopt the same A19 Pro processor as the iPhone 17 Pro (expected to be released in September); Apple TV plans to upgrade the current A15 Bionic chip to the iPhone 15 Pros A17 Pro chip, significantly improving performance; the new HomePod Mini may adopt the same system-in-package (SiP) architecture chip as the Apple Watch Series 9/10; and the Apple Watch Series 11, which is speculated to be released next month and may continue to use this SiP platform.Japanese government: Consumption and capital expenditure have grown for five consecutive quarters.Japans second-quarter GDP deflator annualized rate was initially estimated at 3%, in line with expectations of 3.10% and the previous reading of 3.30%.

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