According to PANews, tensions in the Middle East unexpectedly escalated on Friday, significantly impacting global commodities. Crude oil prices rose by nearly 6%, marking a weekly increase of over 10%. Meanwhile, spot gold prices sharply increased by around $50, strongly surpassing the $3,400 mark, with a weekly rise of over 3.7%.
Next week, several central banks, including those of the United States, the United Kingdom, and Japan, are scheduled to hold policy meetings. Ongoing conflict in the Middle East is expected to remain a focal point.
Key events to watch in the market include the release of the New York Federal Reserve's manufacturing index for June on Monday at 20:30 UTC+8, and the Bank of Japan's interest rate decision on Tuesday. On Wednesday at 20:30 UTC+8, the United States will release initial unemployment claims data for the week ending June 14.
On Thursday, the Federal Open Market Committee (FOMC) will announce its decision on interest rates and economic forecasts at 02:00 UTC+8, followed by a monetary policy press conference by Federal Reserve Chairman Jerome Powell at 02:30 UTC+8.
Next Tuesday, the monthly retail sales data in the United States will be closely monitored. Investors are eager to determine whether tariffs have led to price increases, which could affect consumer spending. With the end of the 90-day pause on the series of tariff measures imposed by U.S. President Donald Trump on July 8, it is likely that ongoing trade developments will continue to cause uncertainty in the market.
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