Three-month aluminum on the London Metal Exchange (LME) fell 3.2% to $3,129.50 per metric tonne, its lowest level since March 19.

By the close, NYMEX August WTI fell $0.65 to $73.21 a barrel, down 0.88%; ICE August Brent fell $0.82 to $77.08 a barrel, down 1.05%.

US Dollar: 1. Barclays: Raises its S&P 500 target to 7,800 by the end of 2026 and 8,800 by 2027. 2. Bank of Canada: The attractiveness of the US dollar may lead to a continued imbalance. 3. US manufacturing activity grew more than expected in June, but factory employment fell to a six-year low. Euro: 1. ECB Chief Economist Lane: I see some signs of upward pressure on prices in the coming months. 2. German Chancellor Merz: I will not form a minority government, nor will I seek a majority in parliament. 3. The European Parliament's Economic Committee passed a proposal for digital euro regulations. 4. Italian Prime Minister Meloni is considering holding early elections as early as April next year. 5. ECB Vice President Vujicic: We do not want to provide any forward guidance; every ECB meeting is real-time. Pound Sterling: 1. The UK Chancellor of the Exchequer said defense plans will be announced before the NATO summit in July, attempting to dispel misunderstandings. 2. Bank of England policymaker Taylor: Maintaining the status quo is the right policy until the situation becomes clearer. Japanese Yen: 1. Summary of the Bank of Japan's June policy meeting: One member stated that Japan's neutral interest rate is expected to be around 2%, and the Bank of Japan must raise interest rates every few months. 2. Summary of the Bank of Japan's June policy meeting: One member stated that the Bank of Japan has absolutely no reason to stop reducing bond purchases. 3. Market news: A draft report on Japan's growth strategy shows that the government plans to improve the management of its $1.3 trillion in foreign exchange reserves. Other: 1. Data released by the Swiss National Bank shows that Switzerland's current account surplus will be CHF 16 billion in the first quarter of 2026, a decrease of CHF 11 billion year-on-year. The bank also noted that the surplus base in the first quarter of 2025 was relatively high. 2. Bank of Canada Governor Macklem warned of worsening global imbalances. 3. Governor of the Central Bank of Hungary: Two more interest rate cuts of 25 basis points are expected this summer. 4. Central Bank of Malaysia pledged to strengthen measures to boost foreign exchange inflows. 5. Australia's May CPI fell, but core inflation exceeded expectations, and the risk of interest rate hikes remains. 6. Bank of Korea: Interest rate hikes are needed at the appropriate time to address housing and debt risks. 7. Thailand's Deputy Finance Minister: The Thai economy is stable. The weakening of the baht is not worrying. 8. Reserve Bank of India Governor: If we want the market to prepare for interest rate hikes, we will shift our stance from neutral to restrictive. It is too early to talk about interest rate hikes; let market forces determine the rupee exchange rate level, and do not set any exchange rate target for the rupee. 9. Traders: The Reserve Bank of India may sell dollars through state-owned banks to support the rupee; the Reserve Bank of India may be conducting USD/RUB buy-sell swap transactions while simultaneously intervening in the spot market.