智通财经网·2025-07-11 11:46Market Overview - US stock index futures are all down, with Dow futures down 0.62%, S&P 500 futures down 0.59%, and Nasdaq futures down 0.51% [1] - European indices also show declines, with Germany's DAX down 0.91%, UK's FTSE 100 down 0.45%, France's CAC40 down 0.85%, and the Euro Stoxx 50 down 0.95% [2][3] Oil Market - WTI crude oil increased by 1.11% to $67.31 per barrel, while Brent crude oil rose by 0.96% to $69.30 per barrel [3][4] Economic Insights - Thrasher Analytics reports that the volume of declining stocks has reached a low of 42% of total trading volume, indicating potential overconfidence in the market [5] - The upcoming earnings season is expected to be a significant test for the market [5] Federal Reserve Outlook - San Francisco Fed President Mary Daly suggests that two rate cuts this year are still possible, with manageable impacts from tariffs on inflation [5] Liquidity Concerns - The potential rebuilding of the Treasury General Account (TGA) could lead to a liquidity loss of approximately $510 billion by the end of September, impacting market liquidity [5] Oil Demand Forecast - OPEC predicts that global oil demand will continue to rise, projecting an increase from 103.7 million barrels per day last year to 113.3 million barrels per day by 2030, and nearing 123 million barrels per day by 2050 [6] Cryptocurrency Market - Bitcoin has reached a new high of $118,000, driven by strong institutional demand and favorable policies from the Trump administration [7] Company Developments - Apple plans to launch a series of new products in early 2026, including a new low-end iPhone and upgraded Mac computers, aiming to revitalize growth [8] - Tesla has applied to test its Robotaxi service in Arizona, indicating a push to catch up with Waymo in the autonomous vehicle market [9] - BP expects an increase in oil production and strong trading performance in Q2, signaling a positive outlook for the company [10] - SAP's CEO is optimistic about revenue growth driven by customer migration to cloud services, with a focus on deep analytics and data services [11]