Domestic News:
1. National Bureau of Statistics: Consumer Price Index (CPI) rose 1.2% year-on-year in May 2026.
2. Ministry of Industry and Information Technology: By 2028, the coverage rate of metropolitan area computing power with a 1ms latency circle will be no less than 75%.
3. Hong Kong Securities and Futures Commission: Hong Kong-licensed companies can continue to provide services to existing mainland customers, but cannot provide services within mainland China.
4. China Association of Automobile Manufacturers (CAAM): In May 2026, production and sales reached 1.554 million and 1.496 million vehicles respectively, representing year-on-year increases of 22.4% and 14.4%.
5. The Ministry of Commerce and eight other departments issued a notice on "Several Measures to Promote the Integrated Development of Railways and Tourism and Expand Service Consumption."
6. Director Zheng Shanjie chaired a symposium with economic experts to solicit opinions and suggestions on the current economic situation and the next steps in economic work.
International News:
1. Bank of Japan Governor Kazuo Ueda will miss next week's interest rate decision due to hospitalization; the policy meeting and press conference will be chaired by the Deputy Governor. 2. According to Sky News: The British government is reportedly developing plans to revise its steel tariff regime.
3. US Defense Secretary Hergsays arrived at the US naval base at Guantanamo Bay, Cuba.
4. US Senator Warren called on the US Securities and Exchange Commission (SEC) to postpone SpaceX's IPO.
5. The Bank of Canada kept interest rates unchanged as expected, stating that future rate cuts or hikes are both possible.
6. A Reuters poll showed that OPEC's crude oil production fell by 1.06 million barrels per day in May, reaching its lowest level in more than 20 years.
7. US May CPI was largely in line with expectations, and short-term interest rate futures indicated that the market reduced its bets on a Federal Reserve rate hike.
8. US EIA strategic petroleum reserves for the week ending June 5 were at their lowest level since the week ending August 18, 2023. The US Energy Secretary stated that oil will be reinjected into US reserves early next year.
9. US media reported that the US military struck 20 targets inside Iran.
10. Trump: Iran is all talk and no action; it will have to pay the price for its procrastination in negotiations.
11. According to Fox News: US-Iran negotiations are ongoing, and Trump will continue to exert maximum pressure to reach an agreement.
