After several oil tankers were attacked in the Strait of Hormuz, Qatar has suspended plans to rapidly ramp up LNG production.

在北约峰会就“2035年国防开支提升至GDP的5%”达成共识后，德国总理默茨高调宣布，德国将大幅提前于2029年实现该目标。根据德国内阁最新通过的预算案，2027年德国国防核心预算将激增近三分之一至1097亿欧元（1253亿美元）。这是二战结束以来德国和平主义财政叙事的终极解体，也是全球宏观资金对欧洲主权债务评级、欧洲本土制造业供应链进行系统性重新定价的转折点。 市场前期认为欧洲各国的财政赤字红线（如德国的债务刹车法案）会阻碍军备扩张。但默茨的表态证明，在美军逐步抽离欧洲、美伊战火逼近的强震下，安全焦虑已压倒了一切财政纪律。德国正通过巨额举债（仅明年核心预算就包含1187亿欧元新债）强行进入全面战备。

Minutes from the Fed’s June 16–17 meeting show officials increasingly concerned about high inf. A minority judged an immediate rate hike could be warranted, but participants followed Fed chair KEVIN WARSH in issuing a shorter policy statement and ultimately supported leaving the policy rate unchanged. The minutes say a “majority of participants” saw scenarios in which inf would return to the Fed’s 2% target and scenarios in which it would remain elevated; “almost all” participants holding the latter view said hikes would be necessary if that occurred. Participants generally judged incoming information between meetings pointed to elevated upside risks to price stability and reduced downside risks to full employment.