德意志銀行公佈業績後歐股股價下跌5.9%。

早盤開盤，國內期貨主力合約跌多漲少，20號膠跌超2%，橡膠跌近2%，滬銀、合成橡膠、滬鎳、純鹼、燒鹼跌超1%，白糖跌近1%。漲幅方面，集運歐線漲超4%，苯乙烯（EB）、低硫燃料油（LU）、乙二醇（EG）漲超1%，滬鋁、鑄造鋁漲近1%。

Huatai Macro says markets have shifted from pricing dovish cuts to a more hawkish near-term stance after Kevin Warsh’s appointment as Fed chair. With forward guidance abandoned, expectations are highly split and pricing is more difficult; focus will move from words to actions. Based on past chair transitions, the current macro backdrop and Warsh’s need to build credibility, Huatai assigns a slightly >50% probability of a July rate hike (versus the market’s ~40%) and sees a near-100% chance of a hike before September. From the new-chair/market interaction, the aggregate cost of hiking in July may be lower.