On June 25 a U.S. federal judge in Boston, Indira Talwani, enjoined President Trump’s executive order aimed at tightening mail‑in voting, preventing it from taking effect before the November election that will decide control of Congress. Talwani sided with a Democratic‑led coalition of states, finding the president lacks authority to compile state voter rolls and the U.S. Postal Service has no statutory power to issue binding mail‑voting rules; under the Constitution, responsibility for running

Oil pared wartime gains on Thursday as markets priced in improved global supply after tankers began transiting the Strait of Hormuz following a US‑Iran agreement to reopen the route. Maritime analytics firm Kpler says more than 20 tankers carrying roughly 35 mln barrels of crude — mostly non‑Iranian vessels that had been stranded in the Gulf for over three months after Tehran effectively closed the waterway — have transited the strait; most are expected to reach Asian destinations in early August. CITIGROUP says the worst phase for commodity‑futures carry/arbitrage trades may be over; its base case assumes materially eased tensions and it sees Brent falling to $60–65/bbl over the next 6–12 months as shipping normalises.

Southbound Stock Connect net sold CNY 8.874 billion today. Shanghai Connect: Tracker Fund of Hong Kong (TraHK) net sold HKD 4.379 billion, Alibaba-W net sold HKD 660 million; SMIC was top net buyer at HKD 1.797 billion. Shenzhen Connect: Alibaba-W net sold HKD 1.591 billion, Xiaomi-W net sold HKD 217 million; Kingboard Holdings was top net buyer at HKD 1.29 billion.