UAE state news agency reported the UAE foreign minister told Iran's foreign minister maritime sea lanes, including the Strait of Hormuz, must be protected and freedom of navigation upheld.

Domestic News: 1. Premier Li Qiang met with Hun Sen, Chairman of the Cambodian People's Party and President of the Senate, at the Great Hall of the People in Beijing. 2. The People's Bank of China and the General Administration of Customs released a draft of the "Measures for the Administration of Import and Export of Gold and Gold Products" for public comment. 3. Seven national standards in the "Artificial Intelligence and Intelligent Agent Interconnection" series were released. 4. The China Securities Regulatory Commission (CSRC) seriously investigated and dealt with illegal and irregular cases involving private equity funds Jiuying Asset Management and Tengchuang Investment. 5. The Beijing Stock Exchange (BSE) released and implemented relevant clauses of the "Beijing Stock Exchange Bond Trading Rules". 6. China Central Depository & Clearing Co., Ltd. (CCDC): Further reduced the settlement service fee for spot bond transactions executed by market makers through genuine market making from 20% to 25%. 7. Shanghai Stock Exchange: This week, it will focus on monitoring stocks with abnormal price fluctuations, such as Changyingtong, China Shipbuilding Special Gas, and Yunzhong Technology, as well as funds with high premiums, such as Caitong Fuxin LOF and Global Chip LOF. 8. Shenzhen Stock Exchange: This week, it will focus on monitoring Xingye Technology, whose stock price has recently experienced abnormal fluctuations. 9. The second batch of public fund performance benchmark adjustments has been implemented. International News: 1. Reuters survey: Saudi Arabia may significantly lower crude oil prices sold to Asia in August. 2. Asian tech stocks suffered a "Black Friday," with US semiconductor stocks generally falling. 3. Samsung will announce a 1000 trillion won investment in South Korea over the next 10 years. 4. Countdown to US copper tariff decision: Supply and demand for "computing power metal" to change. 5. Federal Reserve Chairman Warsh appoints two senior central bank economists as advisors. 6. Federal Reserve's Kashkari: Expects one rate hike in 2026, with rates remaining unchanged in 2027. 7. EU plans to impose a 15% export tax on aluminum scrap. 8. Middle East situation— ① Oman informs European allies: Ships passing through the Strait of Hormuz may have to pay fees. ② Three "unauthorized" foreign oil tankers attempting to pass through the strait were forced to turn back after warnings from the Iranian Revolutionary Guard. ③ Iranian media: The US and Iran have established communication channels regarding the Strait of Hormuz to avoid military conflict. ④ The next round of technical talks between the US and Iran will be held on June 28 and 29. ⑤ The UAE issued a missile alert, which was immediately lifted; the official explanation is that a technical malfunction caused the false alarm.

Domestic News: 1. The Ministry of Commerce responded to the latest developments in China-US trade consultations: both sides agreed to establish a trade council and will discuss cooperation such as reciprocal tariff reductions under the council. 2. my country's installed power generation capacity exceeded 4 billion kilowatts. 3. The State Administration for Market Regulation held its second symposium on fair competition for enterprises in 2026. 4. The People's Bank of China: will increase overnight reverse repurchase operations in open market operations on June 29 and June 30. 5. Two departments: strengthen theoretical research and technological innovation in controlled nuclear fusion, space power stations, and high-temperature superconducting power transmission. 6. Ding Xuexiang attended the opening ceremony of the 9th China-Eurasia Expo and met with participating foreign dignitaries. International News: 1. Apple raised prices on several products including Macs and iPads, but not iPhones. 2. The Iraqi Ministry of Oil denied considering withdrawing from OPEC. 3. IBM released 0.7-nanometer chip technology, which can improve energy efficiency by 70%. 4. Vietnam will launch a carbon emissions trading pilot program next week, lasting until the end of 2027. 5. The UK will reduce its steel import quota by 51% from the originally planned 60%. 6. US core PCE rose 3.4% year-on-year in May as expected, and Q1 GDP growth was revised upward from 1.6% to 2.1%. 7. Federal Reserve – Williams: Expects inflationary pressures to ease, pushing back the timeline for achieving the 2% inflation target to 2028; Goolsby: Underlying inflation remains too high and the trend is unfavorable. He agrees with Warsh's view that speculation about future interest rates should be avoided; the ruling in the Cook case is expected next week. 8. Middle East Situation – ① Iran's Revolutionary Guard warns: Uncoordinated passage through the Strait of Hormuz is "unacceptable and dangerous." ② US media, citing US officials: Iran attacked a Singapore-flagged cargo ship in the Strait of Hormuz on Thursday. ③ International Maritime Organization suspends the evacuation of ships stranded in the Strait of Hormuz. ④ US Energy Secretary Wright: Iran's daily crude oil exports are expected to reach a maximum of 2 million barrels. ⑤ Israeli officials denied reports of a partial withdrawal of troops from the southern Lebanese "safe zone." Rubio: He is close to facilitating a preliminary agreement between Israel and Lebanon. ⑥ Iran's Persian Gulf Straits Authority warned ships against using unauthorized routes through the strait. ⑦ US media: Iran estimates annual revenue from tolls related to the Strait of Hormuz could reach $40 billion.