Group 1 - The U.S. is imposing tariffs on various steel appliances, which may impact the manufacturing and retail sectors [1] - Iran's Foreign Minister Araghchi is holding talks with Russian President Putin, indicating potential geopolitical implications for energy and trade [1] - The release of manufacturing PMI data from France, Germany, the Eurozone, and the UK will provide insights into the health of the manufacturing sector in Europe [1] Group 2 - The European Central Bank President Lagarde is scheduled to give an introductory speech, which may influence market expectations regarding monetary policy [1] - The U.S. will release the May existing home sales data, which is crucial for understanding the housing market trends [1] - Federal Reserve officials, including Bowman, Goolsbee, and Williams, are participating in events that may provide insights into future monetary policy directions [1]

Energy - Morgan Stanley predicts that an attack on Iran could drive oil prices up to $120 per barrel and push the US CPI to 5% [2] - Morgan Stanley maintains a basic expectation of oil prices in the range of $60 to $65 for the remainder of 2025, with a forecast of $60 for 2026 [2] - Israel is considering military action against Iran in the coming days, with operations targeting dozens of Iranian sites under the code name "Lion's Strength" [2] Precious Metals and Mining - The US plans to invoke the Defense Production Act for rare earth elements [3] - The US announced tariffs on steel appliances, including washing machines and refrigerators, effective from the 23rd [3] Agriculture - Coceral raised the EU and UK soft wheat production forecast for 2025 from 137.2 million tons in March to 143.1 million tons [4] - The USDA's soybean production forecast for the US in the 2025/2026 season is 4.34 billion bushels, aligning with market expectations [4] - The USDA maintained Argentina's soybean production forecast for 2024/2025 at 49 million tons, slightly below market expectations, and Brazil's forecast at 169 million tons, also unchanged [4] Trade Situation - Japan's trade negotiator rejected partial agreements with the US [5] - The US Commerce Department has established a tariff exemption procedure specifically for automobiles assembled in the US [5] - Trump is set to sign key parts of the US-UK trade agreement in the coming days [5]

Group 1: Israel's Attack on Iran - Israel launched an attack on Iran, with explosions reported in Tehran [2][3] - Iranian state media confirmed explosions in northeastern Tehran [4] Group 2: Indian Plane Crash - An Indian Boeing 787 passenger plane crashed shortly after takeoff, resulting in at least 265 fatalities [6][7] - The plane, which was headed to London, lost signal at an altitude of approximately 190 meters [10] - This incident marks the first total loss of a Boeing 787 due to an accident, leading to a nearly 5% drop in Boeing's stock price [10] Group 3: Medical Corruption Case - A medical intern reported corruption in a hospital, leading to the intern's death, which was initially ruled a suicide [12][15] - The intern had gathered evidence of malpractice, including unnecessary surgeries and potential money laundering [15] - The implicated doctor received a 17-year prison sentence for serious violations [15] Group 4: U.S. Tariffs on Steel Appliances - The U.S. Department of Commerce announced a 50% tariff on various steel household appliances starting June 23 [17] - This tariff is expected to increase consumer prices and impact imports significantly [17] - The tariff adjustment is justified by the U.S. government on national security grounds [18] Group 5: Changes in Gree's Chip Company Leadership - Dong Mingzhu stepped down as chairman of Zhuhai Zero Boundary Integrated Circuit Co., which is wholly owned by Gree Electric [20][21] - Li Shaobin has been appointed as the new legal representative and chairman of the company [20][23] - Zhuhai Zero Boundary was established in 2018 with a registered capital of 1 billion yuan, focusing on integrated circuit design and sales [22]