Banxico survey: private-sector analysts expect the policy rate to remain at 6.50% at end-2026, unchanged from the prior survey.

WTI crude futures surged 8.00% intraday to $94.35/bbl.

June 1 — At the Haidian-hosted Beijing Satellite IoT Industry Development Conference, Beijing formally established its first Space Compute Industry Innovation Center. The center was approved by the Beijing Municipal Bureau of Economy and Information Technology and is led by Beijing University of Posts and Telecommunications with Haidian District support and participation from industry leaders. Operating under a company-plus-alliance model, it targets six R&D areas: space-native compute chips with high reliability and heat tolerance; high-performance, ultra-interconnect space compute payloads; space compute satellite platforms and standards; large models optimized for power and reliability constraints in space; integrated space–ground communications, telemetry networking and cloudification; and commercialization of space compute services and tokenized operations. The center aims to build an end-to-end space compute ecosystem across chip–hardware–platform–intelligence–network–application.