The US-Iran nuclear negotiations took a sharp turn for the worse, and the US ordered a reduction in the size of the mission in Iraq! In May, the CPI was completely lower than expected, Trump once again called for a 100 basis point interest rate cut, and gold and crude oil rose sharply... What major events happened in the world last night and this morning?
Spot gold rose more than $20 in a 30-minute short-term, now trading at $3,343 an ounce. WTI crude oil rose 5.00% in the day, now trading at $67.10 a barrel. Brent crude oil rose nearly 5%, now trading at $69.38 an ounce.
At the end of the morning, the main contracts of domestic futures were mixed. SC crude oil rose by nearly 2%, Shanghai nickel, Shanghai tin, palm oil rose by more than 1%, No. 20 rubber, low-sulfur fuel oil, and logs rose by nearly 1%; in terms of decline, coking coal and glass fell by more than 3%, Consolidated European Line and Apple fell by more than 2%, coke, rapeseed meal, PVC, Shanghai zinc, styrene, alumina, vegetable oil, and lithium carbonate fell by more than 1%.
At the end of the morning, the main contracts of domestic futures were mixed. SC crude oil rose by nearly 3%, LU fuel oil, styrene, and Shanghai tin rose by more than 2%, Shanghai nickel rose by 2%, and ethylene glycol, international copper, and Shanghai copper rose by nearly 2%. In terms of decline, the Consolidated European Line fell by more than 2%, and lithium carbonate, coking coal, coke, rapeseed meal, and rapeseed oil fell by more than 1%.