News aspect: Last night’s data showed that the New York Fed's 1-year inflation expectation for June was below expectations, but the difference was not significant. Nevertheless, inflation is easing, which is slightly positive. Last night, Dong Wang announced a proposed 50% tariff on imported copper, with the possibility of drug tariffs reaching up to 200%.

However, this was just mentioned in a reporter's interview and has not been fully implemented or officially announced, which can be considered slightly negative. Combined, these two pieces of news led to a volatile market throughout the night.

Note ⚠️ The second piece of news presents potential risks for the future market.