Markets & Rates: US stocks slipped again as bond yields climbed on inflation worries, keeping pressure on risk assets and tech-heavy sentiment. EU Energy & Industry: The European Commission cleared a €1.3bn German renewable-hydrogen aid scheme, aiming to scale electrolyser capacity and cut emissions while reducing fossil-fuel dependence. Critical Minerals Race: Arafura approved Australia’s $1.6bn Nolans rare-earths project, with Western financing support—another signal that supply chains for magnets and advanced tech are becoming a real estate-adjacent investment theme. Construction & Land Use: Oracle plans to start building a Nashville pedestrian bridge in August to connect its campus to the riverfront—yet another example of corporate-led place-making. Housing Context (Germany-linked): A study highlights immigrants facing worse outcomes in Germany’s housing market, while broader housing confidence remains fragile amid higher rates and stalled decarbonisation in construction. What’s missing: No major Germany-specific property deal headlines in the latest batch—today’s focus is more on energy, minerals, and macro pressure.