EUR/USD
1.16379
0.052%
Gold
4521.02
0.300%
Oil
91.949
-0.540%
USD/JPY
159.221
-0.043%
GBP/USD
1.34563
0.071%
GBP/JPY
214.259
0.033%
Real-time News
1. The three major U.S. stock indexes closed mixed. The Dow Jones Industrial Average fell 0.23% to 50,461.68 points, the S&P 500 rose 0.61% to 7,519.12 points, and the Nasdaq Composite rose 1.19% to 26,656.18 points. Chevron fell more than 3%, and UnitedHealth Group fell nearly 3%, leading the decline in the Dow. The chip and memory sector led the gains, with Micron Technology surging more than 19%, its total market capitalization surpassing $1 trillion for the first time. UBS significantly raised its target price for Micron from $535 to $1,625. SanDisk rose more than 7%, Western Digital rose more than 8%, and Seagate Technology rose 4%. The Wind U.S. Tech Big Seven Index rose 0.22%, with Tesla and Google rising more than 1.5%. 2. European stock indices closed mixed. The German DAX index fell 0.8% to 25,184.89 points, the French CAC40 index fell 1.03% to 8,173.11 points, and the UK FTSE 100 index rose 0.24% to 10,491.39 points. 3. US Treasury yields fell across the board. The 2-year Treasury yield fell 7.91 basis points to 4.034%, the 3-year Treasury yield fell 7.66 basis points to 4.083%, the 5-year Treasury yield fell 6.79 basis points to 4.172%, the 10-year Treasury yield fell 5.74 basis points to 4.485%, and the 30-year Treasury yield fell 3.57 basis points to 5.019%. 4. International precious metals futures generally closed lower. COMEX gold futures fell 1.45% to $4,507.30 per ounce, and COMEX silver futures fell 1.44% to $77.27 per ounce. 5. The WTI crude oil futures contract rose 3.62% to $93.57 per barrel; the Brent crude oil futures contract rose 3.06% to $96.28 per barrel. 6. Most London base metals rose. LME aluminum rose 0.69% to $3,674.5 per tonne, LME tin rose 0.61% to $54,505.0 per tonne, LME nickel rose 0.51% to $19,010.0 per tonne, LME lead rose 0.20% to $2,015.5 per tonne, LME copper fell 0.42% to $13,610.5 per tonne, and LME zinc fell 0.42% to $3,528.0 per tonne.The ousted chairman of BP (BP.N) has raised several disputes regarding allegations of misconduct.On May 27th, regarding the US strike on southern Iran, Iranian citizens expressed that the USs words and actions are not trustworthy and doubted the possibility of a US-Iran agreement. One Iranian citizen stated, "The Iran nuclear deal is a prime example; the US reneged on everything. This attack is the same. The USs contradictory statements clearly show that none of their pronouncements are guaranteed. However, I dont think the war will continue because the US has paid a heavy price, and they are also afraid. We control the Strait of Hormuz, which, for the US, is probably worse than having a hundred nuclear bombs. We are very familiar with those US statements; they are unreliable, and we must be highly vigilant. People must be careful because we must consider the possibility of something similar to the US withdrawing from the Iran nuclear deal happening again; in other words, the US-Iran agreement might be torn up."Conflict Status: 1. Ukraine claims energy facilities were attacked, causing power outages in multiple locations. 2. Russian Security Service: Russia and Belarus jointly prevented Ukraine from transporting over 500 explosive devices to Russia. 3. According to Interfax news agency: The Russian Ministry of Defense stated that Russian troops have taken control of Zapsilya and Ryasny in eastern Ukraine. Peace Negotiations: 1. Russian Deputy Foreign Minister: There are currently no preconditions for strategic stability dialogue with the United States. 2. US Secretary of State Rubio: There are currently no ongoing or scheduled negotiations between the United States and Ukraine. Other Developments: 1. The United Kingdom announced a new round of sanctions against Russia. 2. Japan sent officials to Russia to "promote communication." 3. The European Council extended sanctions against relevant Russian individuals and entities. 4. Russia claims the United States did not issue visas to Russian officials to attend Security Council meetings. 5. The United Kingdom and Poland will sign a defense and security agreement to curb the Russian threat. 6. A court ruled that the European Clearing Bank must immediately compensate the Central Bank of Russia approximately €200 billion. 7. According to RIA Novosti: Russian Foreign Minister Lavrov explained the reasons that led Russia to decide to attack Kyiv during a phone call with US Secretary of State Rubio.On May 27, according to the Wall Street Journal, U.S. Trade Representative Greer said on Tuesday that President Trumps 10% global tariffs could be reinstated after their July expiration, noting that the relevant regulations do not explicitly state whether the president can reinstate these tariffs after the legal deadline. Trump imposed the 10% global tariffs in February under Section 122 of the Trade Act of 1974, which are set to last a maximum of 150 days and were originally scheduled to expire in July and be replaced by new tariffs. Speaking at an event hosted by the Council on Foreign Relations, Greer said that the law may allow for the reinstatement of these tariffs, as the regulations only specify the expiration date and not when they can be reinstated. Greer did not say whether the Trump administration would seek to extend these tariffs, but stated that he "cannot imagine" Congress intending to limit the presidents power to use Section 122 tariffs to once per term.
