CFTC: For the week to June 23, speculative traders in NYMEX and ICE natural gas futures were net short 2,183 contracts, 3,515 contracts fewer than the prior week.

Domestic News: 1. The second batch of public fund performance benchmark adjustments has been implemented. 2. The newly revised Trademark Law will take effect on January 1, 2027. 3. National subsidies continue! The third batch of 62.5 billion yuan has been allocated. 4. Seven national standards in the "Artificial Intelligence and Intelligent Agent Interconnection" series have been released. 5. The total investment scale of key energy projects and new business models during the 15th Five-Year Plan period will exceed 20 trillion yuan. 6. The Beijing Stock Exchange has released and implemented relevant clauses of the "Beijing Stock Exchange Bond Trading Rules". 7. The Shenzhen Stock Exchange: This week, it will focus on monitoring "Xingye Technology", whose stock price has recently experienced abnormal fluctuations. 8. The China Securities Regulatory Commission (CSRC) has seriously investigated and dealt with illegal and irregular cases involving private equity funds Jiuying Asset Management and Tengchuang Investment. 9. Premier Li Qiang met with Hun Sen, Chairman of the Cambodian People's Party and President of the Senate, at the Great Hall of the People in Beijing. 10. The National Energy Administration: In the future, the western region will not only export electricity, coal, and gas, but also products and tokens. 11. The People's Bank of China and the General Administration of Customs released a draft of the "Measures for the Administration of Import and Export of Gold and Gold Products" for public comment. 12. China Central Depository & Clearing Co., Ltd. (CCDC) announced a further reduction in the settlement service fee for spot bond transactions executed by market makers through genuine market making, from 20% to 25%. 13. The Shanghai Stock Exchange announced this week that it will focus on monitoring stocks with abnormal price fluctuations, such as Changyingtong, China Shipbuilding Special Gas, and Yunzhong Technology, as well as funds with high premiums, such as Caitong Fuxin LOF and Global Chip LOF. International News: 1. The EU plans to impose a 15% export tax on aluminum scrap. 2. Samsung will announce a 1000 trillion won investment in South Korea over the next 10 years. 3. The countdown to the US copper tariff decision is underway, and the supply and demand of "computing power metals" is about to change. 4. A Reuters survey suggests that Saudi Arabia may significantly lower the price of crude oil sold to Asia in August. 5. Asian technology stocks experienced a "Black Friday," with US semiconductor stocks generally falling. 6. Federal Reserve Chairman Warsh appoints two senior central bank economists as advisors. 7. Federal Reserve's Kashkari: Expects one rate hike in 2026, with rates remaining unchanged in 2027. 8. Nasdaq Stock Exchange: SpaceX will join the Nasdaq 100 index on July 7, 2026. 9. Trump threatens to impose 100% tariffs on European goods imported into the US if European countries impose digital services taxes. 10. Anthropic: Mythos 5 has been approved for redeployment to US institutions; public version of FABLE 5 is about to resume operations. 11. Middle East Situation— ① Oman informs European allies: Ships passing through the Strait of Hormuz may be subject to fees. ② The next round of technical talks between the US and Iran will be held on June 28 and 29. ③ Iranian media: The US and Iran have established communication channels regarding the Strait of Hormuz. Trump denies this report. ④ The UAE issued a missile alert, which was immediately lifted; the official explanation was a technical malfunction causing a false alarm. ⑤ The US launched airstrikes against Iran in response to its attacks on merchant ships; the Iranian Revolutionary Guard responded by striking US military positions. ⑦ Lebanon, Israel, and the US reached a trilateral framework agreement, which Hezbollah in Lebanon rejected.

US President Trump: The killing of Soleimani was one of the biggest events in Middle Eastern history. I think Khomeini and others in Iran were glad I ordered Soleimani's killing because they were also afraid of him.