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June 17 – The expansion plan for the comprehensive reform pilot program of offshore trade and financial services in the Lingang New Area was officially released in Shanghai today. Based on the successful experience of the previous pilot program, the People's Bank of China approved a comprehensive expansion and upgrade of the pilot program. The scope of pilot business has been expanded from a single scenario of offshore trade to all scenarios of offshore business. This supports pilot enterprises in deeply integrating into the global supply chain and industrial chain, participating in various global production, sales, and service activities at a deeper level and in a wider range of fields. It also more precisely supports the strategic positioning of the Lingang New Area to "coordinate the development of onshore and offshore businesses," enabling Shanghai's offshore financial services to serve the forefront of the national economy and cutting-edge industries. Accordingly, the pilot program's name has been upgraded from "Comprehensive Reform Pilot Program for Offshore Trade and Financial Services in the Lingang New Area" to "Comprehensive Reform Pilot Program for Offshore Business Financial Services in the Lingang New Area."

EU officials: The EU is not a mediator, but supports Ukraine's efforts to achieve a just and lasting peace.

EU officials: The EU has interests to defend under any circumstances in the future, therefore establishing diplomatic channels with Russia is crucial.

French President Macron: This G7 summit demonstrates a genuine shift in the US attitude toward Ukraine.

The French National Institute of Statistics and Economic Studies (INSEE) predicts that French HICP inflation will rise from 2.4% in June to 3.0% in December.

The French National Institute of Statistics and Economic Studies (INSEE) projects French economic growth of 0.3% in the second quarter, and 0.1% in both the third and fourth quarters.

The French National Institute of Statistics and Economic Studies (INSEE) projects economic growth of 0.7% this year.

Japanese Prime Minister Sanae Takaichi: In our meeting with President Trump, we reaffirmed our commitment to continuing high-quality cooperation in a wide range of areas, including security and the economy, based on a strong relationship of trust.

Japanese Prime Minister Sanae Takaichi: Regarding the previously mentioned issue of dispatching Self-Defense Forces (to the Strait of Hormuz), no specific decision has been made yet.

ASML (ASML.O) CEO: The United States is a clear winner in the artificial intelligence and semiconductor ecosystem.

Japanese Prime Minister Sanae Takaichi: As a G7 country, we will jointly stockpile key mineral resources.

U.S. gasoline futures were last up 0.7%. U.S. diesel futures were last up 2.3%.

European aviation regulators: The agency has made good progress in approving the use of the 737 MAX 7 and 10 models.

The U.S. Energy Information Administration reported that crude oil inventories in the U.S. Midwest fell to their lowest level since December 2014.

Italian Prime Minister Meloni: It would be very difficult for a major power to propose the establishment of a single EU negotiator for the Ukraine issue.

The China Earthquake Networks Center officially determined that a magnitude 4.5 earthquake occurred at 22:20 on June 17 in Haixi Prefecture, Qinghai Province (37.81 degrees north latitude, 95.49 degrees east longitude), with a focal depth of 10 kilometers.

The EIA report for U.S. distillate fuel oil production implied demand for the week ending June 12 was 5.1661 million barrels per day, compared to 5.3626 million barrels per day in the previous week.

The EIA's data for total U.S. gasoline production and implied demand for the week ending June 12 was 10.2009 million barrels per day, compared to 9.8737 million barrels per day in the previous week.

The EIA crude oil production implied demand data for the week ending June 12 in the United States was 20.12 million barrels per day, compared with 20.719 million barrels per day in the previous week.