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The World Bank will abandon its previous target of allocating 45% of its lending resources to projects with climate-synergistic benefits. It will extend its Climate Change Action Plan, but simultaneously scrap the previous 35% climate-synergistic lending target. The Climate Change Action Plan helps to better embed "smart development" into the needs and priorities of client countries.

Iranian President: The relevant "memorandum of understanding" is a bilateral matter, and if the US abides by the terms of the agreement, Iran will also fulfill its own obligations.

Sources say Comcast may build data centers to capitalize on the growth of artificial intelligence.

The Dow Jones Industrial Average rose 305.97 points, or 0.59%, to close at 52,182.08 on Monday, June 29; the S&P 500 rose 86.34 points, or 1.17%, to close at 7,440.36; and the Nasdaq Composite rose 522.53 points, or 2.07%, to close at 25,820.14.

On June 30th, Paul Ziana, head of technical research at Bank of America, stated that investors should hedge against further rallies in the S&P 500 and prepare for a potential "three-wave correction" in the coming months. Ziana wrote that the S&P 500 has risen nearly 17% since its March lows, but the rally has shown signs of fatigue since the benchmark index hit its recent peak on June 2nd. He indicated that the S&P 500 could fall to 6850 points, a drop of approximately 7.6% from current levels. Ziana stated, "The post-Iran ceasefire rally is becoming increasingly volatile as the risk of a correction accumulates." He added that price action appears "overstretched" and momentum is deteriorating, therefore a "defensive stance" should be adopted between July and September.

Morgan Stanley (MS.N) has priced a $350 million 6.10% note issuance for its direct lending fund, maturing to 2031. The company stated that the net proceeds from the issuance will be used to repay existing secured debt.

US President Trump: Oil prices have fallen sharply.

On June 30th, Al Jazeera reported that maritime security analyst Alexandru Hudisteanu stated that there is a "misalignment" in the interpretation of the memorandum of understanding between the US and Iran. Iran tends to interpret the agreement strictly according to its text, while the US emphasizes its overall spirit. This difference is particularly evident in the Strait of Hormuz passage arrangements. The analysis suggests that Iran hopes to establish the current arrangement as a bilateral temporary ceasefire agreement with international legal force, while the US views it as an "understanding" that Iran will guarantee unimpeded navigation in the Strait of Hormuz for the next 60 days, after which further discussions will proceed. Hudisteanu pointed out that Iran currently prioritizes the Strait of Hormuz issue and uses it as a key bargaining chip in negotiations with the US; while the US hopes to resolve the Strait issue quickly and shift the focus of negotiations to the Iranian nuclear issue.

Ukrainian President Zelensky: If Russia does not end the war, we will have to postpone this deadline again.

Ukrainian President Zelensky: Since the full escalation of the Russia-Ukraine conflict, the Russian military has set 15 deadlines for the complete occupation of the Donetsk region, but has failed to achieve them all.

On June 30th, European Central Bank (ECB) President Christine Lagarde stated that the ECB's 25-basis-point interest rate hike in June was not a "precautionary" move to guard against future inflation risks, but rather a "prudent decision" based on the economic and inflation situation at the time. She stated that if the rate hike had not been implemented, inflation would have remained above the 2% target in 2027 and 2028, and new circumstances since the June meeting, including the decline in oil prices, have not changed the ECB's initial assessment. Lagarde emphasized that the ECB now has a more comprehensive system of data, indicators, and forecasts, and monetary policy will adhere to the principle of "data-driven, meeting-by-meeting decision-making," rather than relying on forward guidance. She also pointed out that in the current market environment, financial conditions often adjust themselves based on economic data, allowing monetary policy to take effect before formal decisions are made, giving the ECB more time to assess changes in the situation.

European Central Bank President Christine Lagarde: We can continue to raise interest rates without worrying that monetary policy tightening itself will become a source of financial stress.

European Central Bank President Christine Lagarde: In times of uncertainty, forward guidance loses its value.

European Central Bank President Christine Lagarde: We face the prospect of rising overall and core inflation.

European Central Bank President Christine Lagarde: The sustainability of the US-Iran peace agreement is far from guaranteed.

European Central Bank President Christine Lagarde: The war has caused significant inflationary pressures.

European Central Bank President Christine Lagarde: It is inaccurate to call the June rate hike an insurance rate hike.

Hang Seng Index futures closed up 0.04% at 22,976 points in overnight trading, a discount of 51 points.

European Central Bank President Christine Lagarde: The resilience Europe has built means that interest rate hikes will have a more limited impact on the economy.