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Meituan (03690.HK) CEO: Considering the high base last year, food delivery order volume may decline year-on-year in the second half of the year.

2026-06-01

Meituan (03690.HK) CEO: Considering the high base last year, food delivery order volume may decline year-on-year in the second half of the year.

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2026-06-01

Signs of a breakdown in US-Iran talks pushed US Treasury prices lower as worries that higher energy costs could lift inflation and force Fed rate hikes increased. Monday’s selloff lifted yields across the $31 tln US Treasury market: the 10-year yield

Signs of a breakdown in US-Iran talks pushed US Treasury prices lower as worries that higher energy costs could lift inflation and force Fed rate hikes increased. Monday’s selloff lifted yields across the $31 tln US Treasury market: the 10-year yield rose about 6 bps to around 4.50% and crude oil gained more than 7%. The 2-year, most sensitive to Fed policy, rose roughly 6 bps to 4.07%. Iran suspended intermediary talks with the US in protest of Israeli action. Traders raised odds the Fed’s next move will be a hike; Fed swaps show markets are fully pricing one hike by March 2027 and assign about a 50% chance of a move as soon as October.
2026-06-01

Goldman Sachs has raised its 2027 LME copper average price forecast to $13,800 per tonne.

Goldman Sachs has raised its 2027 LME copper average price forecast to $13,800 per tonne.
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