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The US 6-month Treasury auction ended June 29 - the winning bid rate was 3.84%, the same as the previous rate.

The bid-to-cover ratio for the US 6-month Treasury bond auction ending June 29 was 2.58, compared to 2.51 previously.

The US 3-month Treasury auction ended June 29 - the winning bid rate was 3.74%, compared to 3.70% previously.

The bid-to-cover ratio for the US 3-month Treasury bond auction ending June 29 was 2.32, compared to 2.68 previously.

U.S. Central Command: There are currently more than 50,000 U.S. troops deployed in the Middle East, maintaining a high state of alert and ready to be deployed at any time.

On June 29, Federal Reserve Governor Tim Cook stated, “This matter (the mortgage fraud allegations) has absolutely nothing to do with mortgage documents I signed before I became a Federal Reserve Governor. This is purely a conspiracy to remove me from office, and the pretext is entirely fabricated. The reason I am being targeted is because I refused to succumb to political pressure and insisted on setting interest rate policies solely based on what is best for the American people. This is the most fundamental responsibility of a Federal Reserve Governor. Today’s ruling reaffirms a principle that underpins generations of sound economic management: the Federal Reserve must make all policy decisions based on evidence and independent judgment, free from political interference.” “The Supreme Court’s decision to uphold the lower court’s order and affirm the necessity of due process and just cause recognizes that the Federal Reserve’s independence is crucial to achieving the congressional goals of ‘price stability’ and ‘full employment.’ I am deeply gratified by this ruling. As long as I serve on the Federal Reserve, I will continue to uphold the principle of political independence and serve the American people wholeheartedly.”

Castle Securities: Investors have underestimated Federal Reserve Chairman Warsh's determination to curb inflation. Higher interest rates could put pressure on risk assets.

CMA CGM has signed a $400 million logistics terminal agreement in Oman.

According to The Verge, Apple's (AAPL.O) Mac and iPad devices may be getting an upgrade to OLED screens with better color performance.

On June 29th, Xunze (03317.HK) announced that it has formally entered into a cooperation framework agreement with Beijing International Big Data Exchange Co., Ltd. Beijing International Big Data Exchange is a key project in Beijing's implementation of the "National Comprehensive Demonstration Zone for Expanding Opening-up in the Service Industry" and the "China (Beijing) Pilot Free Trade Zone" in the digital economy field, aiming to become a leading domestic data trading infrastructure and an important international hub for cross-border data flow. This cooperation marks a further deepening of the company's strategic layout in the data element market and national-level data trading platform. It is a crucial step for the company's data tokenization capabilities to be implemented in vertical industries, embodying intelligent data circulation, providing digital asset services, and co-building a data ecosystem in the biomedical vertical sector.

NATO Secretary General Rutte: I had a good conversation with British Prime Minister Starmer at Downing Street. We agreed on the importance of increasing defense investment, strengthening defense production, and providing strong support to Ukraine. At next week's NATO summit, allies will demonstrate how they are fulfilling these commitments.

Federal Reserve Governor Cook: The Supreme Court's decision to uphold the lower court's ruling and affirm that removal from office must be based on due process and just cause demonstrates that the Fed's independence is crucial to fulfilling the Congressional mandate for price stability and full employment.

June 29 – Iraqi oil, which had been stranded due to the Middle East conflict, has been successfully shipped out of the Persian Gulf in the past 10 days, thanks to the fragile ceasefire between the US and Iran, which has eased traffic congestion in the Strait of Hormuz. According to tanker tracking data compiled by Bloomberg, ships carrying approximately 14 million barrels of Iraqi oil departed the Persian Gulf in late June and are currently transporting the crude oil to buyers in Asia, Europe, and the United States. This means that the average daily shipment volume over the 10-day period was approximately 1.4 million barrels. Data shows that all cargoes loaded since late February and temporarily stranded in the Persian Gulf have now departed for their final destinations.

A White House reporter for Semafor, a US financial media outlet, reports that multiple industry organizations, led by the US Chamber of Commerce, have written to the House Rules Committee expressing "strong opposition" to a proposed provision in the National Defense Authorization Act that would prohibit defense contractors from conducting stock buybacks.

White House officials: U.S. Secretary of State Rubio and U.S. Special Envoy Witkov will brief Congress by phone on the progress of the Iran peace agreement.

Deutsche Telekom's German shares fell nearly 7%, hitting their lowest level since August 2024.

On June 29th, the yen fell to its lowest level against the dollar since 1986. This landmark drop has sparked concerns within Japan and put traders on high alert, closely watching for potential market intervention. The yen fell as much as 0.1% to 161.96, breaking below the 161.95 level reached in July 2024 when Japan took action to boost its exchange rate. The Bank of Japan raised its benchmark interest rate to 1% on June 16th, the highest level since 1995. However, this move had little effect, as traders expect the Federal Reserve to maintain a hawkish stance. Furthermore, the Japanese government is expected to call for "appropriate" monetary management in its basic policy guidelines, clearly intended to discourage further interest rate hikes by the central bank. Japan previously conducted a record foreign exchange intervention of 11.73 trillion yen, but the yen's exchange rate remained weak. According to foreign exchange reserve data from the Japanese Ministry of Finance, Japan likely used its foreign securities holdings, including US Treasury bonds, in this round of intervention to support the exchange rate.

The U.S. Securities and Exchange Commission (SEC) fined Bank of America Merrill Lynch $7.5 million for failing to file multiple reports of suspicious activity.