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⚡️The US and China will resume trade talks in London focusing on rare-earth minerals and advanced technology, aiming to ease tensions after a stalled Geneva deal and a recent Trump-Xi phone call.

🇯🇵 PM Shigeru Ishiba said Japan is entering a rising rate phase after decades of low rates, with only ~18 bps priced in by year-end and no hikes expected through summer, stressing risks to debt costs.

🛢 Morgan Stanley says OPEC+’s 1 million bpd quota hike from March–June 2025 hasn’t led to a clear output rise, with actual supply seen rising just 420,000 bpd by September, while oil prices are down 11% YTD and forecast to hit $57.50 in H2.

🪙 Alibaba, Tencent, and others froze AI features like photo recognition during China’s June 7–10 gaokao, affecting 13.4 million students, to prevent cheating on the nation’s high-stakes college entrance exam — Alibaba: ¥119.38.

🇨🇭Switzerland’s inflation fell to -0.1% in May, prompting the Swiss National Bank to consider a 25 bps rate cut to 0% on June 19, with possible negative rates ahead — a deflation warning for Europe as the franc strengthens

#MarketNews