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On June 7th, US President Trump stated that it would be a mistake for Federal Reserve policymakers to raise interest rates after the US jobs data significantly exceeded expectations. He also insisted that he did not want to influence Kevin Warsh before his first Fed meeting. In an interview with NBC, Trump said, "These days, whenever the economic data is good, the market goes down because everyone thinks the Fed will raise rates. But there's absolutely no reason to raise rates." Trump's remarks further increased the economic and political pressure on Warsh. Trump stated, "Raising the benchmark interest rate is the wrong thing to do. In fact, we should lower rates." Trump added, "I work with Kevin now. I have a lot of respect for him, but my view is that when a country's economy is doing well, it shouldn't be punished immediately by raising interest rates." He further added, "We have a debt problem, and a lot of other things to deal with, a lot of plans to move forward. I want to further increase defense spending."

June 7th - According to a communique released after Sunday's OPEC meeting, the seven OPEC+ member countries (Russia, Saudi Arabia, Iraq, Kazakhstan, Kuwait, Algeria, and Oman) decided to raise their daily crude oil production ceiling by 188,000 barrels starting in July. The communique stated that the countries reiterated the importance of a cautious approach and will retain full flexibility to increase, suspend, or reverse voluntary production cuts. The seven countries will meet again on July 5th.

According to Saudi media Alhadath, Israel notified the United States in advance before attacking the southern suburbs of Beirut.

Iranian media reports that Iran's Supreme National Security Council is holding an emergency meeting to discuss the Israeli airstrikes in the southern suburbs of Beirut.

June 7 – From June 5 to 7, a delegation of Chinese entrepreneurs organized by the China Council for the Promotion of International Trade (CCPIT) visited Belarus to further implement the important consensus reached by the two heads of state, strengthen practical cooperation between China and Belarus, and promote the continued high-level development of the all-weather comprehensive strategic partnership between the two countries. During the visit, the CCPIT, together with the China-Belarus Industrial Park and the Belarusian National Agency for Investment and Privatization, co-hosted the China-Belarus Industrial and Investment Cooperation Forum in Minsk. Vice President Han Zheng attended and delivered a speech, along with Belarusian First Deputy Prime Minister Snopkov and Belarusian Minister of Economy Chebotali. More than 400 representatives from the political and business sectors of both countries participated in the forum. Enterprises from both sides focused on in-depth exchanges and negotiations in areas such as agriculture, high-end equipment manufacturing, pharmaceuticals and healthcare, artificial intelligence, new materials, and digital technology, achieving several results. CCPIT Chairman Ren Hongbin presided over the opening ceremony.

According to NEWSIS, a private South Korean news agency, Nvidia (NVDA.O) CEO Jensen Huang and SK Group Chairman Chey Tae-won will announce a collaboration plan on Monday.

The China Earthquake Networks Center officially reported that a magnitude 6.0 earthquake struck the Kuril Islands at 18:41 on June 7, with a focal depth of 30 kilometers.

Invesco Great Wall Global Chip LOF (501225): This fund will be suspended from trading starting from the opening of the market on June 8, 2026, and will resume trading at 10:30 on the same day. During the suspension period, the redemption business of this fund will continue as usual.

Nvidia CEO Jensen Huang: Memory shortage will last for several years.

On June 7, during a television program broadcast local time, Russian Presidential Aide Ushakov stated that there have been both public and private contacts between Russia and Ukraine. The public contacts reportedly refer to the previous rounds of negotiations.

The China Earthquake Networks Center officially reported that a magnitude 5.0 earthquake struck Greece at 18:02 on June 7, with a focal depth of 10 kilometers.

Russian Presidential Aide Ushakov: Moscow maintains close contact with Kyiv.

On June 7th, Christodoros Pazalides, a member of the European Central Bank's Governing Council and Governor of the Central Bank of Cyprus, stated that it is time for Europe to abandon its long-standing political resistance to joint debt issuance, as large-scale "safe assets" would help enhance the EU's sovereignty and stability. Europe has long discussed creating a benchmark financial instrument through joint borrowing to challenge the status of US Treasury bonds, but some countries, particularly Germany and the Netherlands, have opposed it, fearing that their taxpayers would ultimately foot the bill for the fiscal irresponsibility of other countries. This lack of common safe assets has left the EU's financial architecture incomplete, leading to higher borrowing costs and reduced competitiveness, thus prompting the ECB to increasingly push for this policy shift. In a commentary, Pazalides stated, "The current economic, geopolitical, and institutional conditions are unusually synchronized, providing a strong justification for issuing European common safe assets." He also pointed out that such instruments could not only reduce financing costs but also provide the necessary funding for joint projects in areas such as green and digital transformation, artificial intelligence projects, defense, public health preparedness, and energy security.

Ukrainian President Zelensky: Russia's deliberate attack on nuclear fuel storage facilities was an "extremely despicable" attack.

June 7 – Armenia held its National Assembly (parliamentary) elections on June 7, with voters casting their ballots for at least 101 members of parliament from candidates representing 18 political parties and coalitions. A total of 2,005 polling stations were set up, with over 2.48 million registered voters. Voting took place from 8:00 AM to 8:00 PM local time on June 7. The Armenian Central Election Commission will release preliminary vote counts within 24 hours of the polls closing, with final results announced one week later. The parliament elected in this election will elect a new prime minister.

Ukraine claims that a Russian drone attacked a nuclear waste storage facility, but radiation levels are currently stable.