International News
1. Middle East Situation - ① Iran confirms that its nuclear facilities were 'severely damaged' in the US airstrike. ② Trump: believes that the war between Israel and Iran has ended, conflict may flare up again, possibly soon; will not abandon sanctions against Iran; does not believe Iran will restart its nuclear program; US talks with Iran next week, does not think a nuclear agreement is necessary. ③ Israeli ground assault troops conducted operations deep inside Iran during the conflict. ④ CIA states that several key Iranian nuclear facilities have been destroyed.
2. Federal Reserve - ① Powell: tariffs as a one-time impact may become a baseline expectation, but need to respond cautiously; does not consider federal debt issues in monetary policy decisions; the stablecoin industry has gradually matured. ② Collins: Now is the time to remain patient and cautious. Rate cuts may occur later this year, but depend on tariff impacts.
3. Trump: will select the next Federal Reserve Chairman from three or four candidates.
4. Federal Reserve proposes to relax the enhanced supplementary leverage ratio requirements for large banks.
5. Sources: If OPEC deems it necessary, Russia is willing to increase oil production again.
6. US housing regulator: plans to allow cryptocurrencies as collateral for mortgages, requires the 'GSEs' to be prepared.
7. White House Council of Economic Advisers Chairman Hassett: If countries reach a trade agreement, the 'retaliatory taxes' in Trump's tax law could be eliminated.
8. European Automobile Manufacturers Association: Tesla's new car registrations in the EU dropped by 40.5% in May.
9. Nvidia's market value hits a historic high, reaching $3.75 trillion.
10. NATO allies agree to increase defense spending targets to 5% of GDP by 2035.
Risk Warning
☆ 19:00, Bank of England Governor Bailey will give a keynote speech at the British Chamber of Commerce Global Annual Meeting;
☆ 20:30, the US will announce the number of initial jobless claims for the week ending June 21, with the market expecting an increase of 245,000, previous value an increase of 245,000;
☆ 20:30, the US will announce the final value of the first quarter annualized GDP growth rate, with the market expecting -0.20%, previous value -0.20%;
☆ 20:30, the US will announce the final value of the first quarter core PCE price index annualized growth rate, with the market expecting 3.4%, previous value 3.4%;
☆ The next day at 02:30, European Central Bank President Lagarde will give a speech.