US President Trump: We are getting along very well with Iran.

According to Challenger, a U.S. employment data company, employers have announced 443,604 job cuts as of June this year, a 40% decrease from the 744,308 announced in the first half of 2025. This is the second-highest total number of layoffs from January to June since 2020, second only to the government-driven surge in layoffs last year. This is also the fourth time this year that the number of layoffs in a single month has been lower than the same period last year.

International 1. Citigroup: Nearly 80% of Nasdaq long positions are "trapped," and selling pressure is far from over. 2. Citadel Securities: US retail investors are "buying on dips" at a record pace. 3. OMFIF Survey: Central banks plan to net reduce their dollar holdings for the first time, shifting towards gold. 4. Wells Fargo: US labor demand is broadly stable, with no clear signs of further acceleration. 5. Mizuho: Despite uncertainty in the Middle East, Japanese corporate profits remain resilient. 6. UBS: The Bank of England may keep interest rates unchanged in 2026 and resume rate cuts in February 2027. 7. Rabobank: If the Bank of England keeps interest rates unchanged and political uncertainty persists, the pound may weaken. Domestic 1. CICC: Gold prices may have already over-priced in interest rate hike expectations. 2. CITIC Securities: The overnight reverse repurchase tool has been implemented, clearly indicating the central bank's commitment to maintaining an accommodative stance. 3. CITIC Securities: The manufacturing PMI rebounded slightly in June, and the non-manufacturing sector showed some improvement. 4. Huatai Securities: South Korea's $1.3 trillion strategy has been implemented; focus on positioning global semiconductor equipment companies during the storage cycle. 5. Ping An Securities: The fundamentals of the non-bank financial sector continue to improve, offering high investment value. 6. CITIC Securities: Based on the inflection point of the intelligent driving industry, sub-sectors in the industrial chain, such as robotaxis, intelligent driving chips, and LiDAR, are expected to benefit significantly. 7. CITIC Securities: The current insurance sector presents a mismatch between improving fundamentals and low valuations, highlighting its investment value. 8. Galaxy Securities: Premium growth turned negative in May, while property insurance showed signs of recovery. 9. Galaxy Securities: The market's strong consensus on the AI industry trend will shift from thematic speculation to performance verification.