Overview of Key Overnight Developments on July 5

21:00 (UTC+8) - 7:00 Keywords: US-EU Trade, Hamas, Musk 1. No breakthrough reached, US-EU trade talks to continue through the weekend; 2. Chairman of Société Générale: Europe needs to embrace stablecoins; 3. Hamas: Has given a "positive" response to Gaza ceasefire proposal; 4. Swedish Minister of Justice urges stronger efforts to seize criminal crypto assets; 5. US President Trump signs the "Big and Beautiful" tax and spending bill; 6. UK media: US made last-minute demands, threatens 17% tariffs on European agricultural products; 7. Musk launches another poll proposing the creation of the "American Party," with current support exceeding 65%.