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[This week's important events and data preview: US inflation data is released, Powell will have a verbal battle on Capitol Hill] 1. Monday: ① Data: France, Germany, and the eurozone manufacturing PMI preliminary values in June; UK manufacturing and service PMI preliminary values in June; US S&P Global manufacturing and service PMI preliminary values in June ; US May existing home sales total annualized; China's national installed power generation capacity so far in May; China's national installed power generation capacity annualized rate so far in May; ② Events: Fed's Daly participated in the special panel discussion on monetary policy insights at the 100th Annual Meeting of the Western Economic Association International; ECB President Lagarde made an introductory speech at a hearing held by the European Parliament's Economic and Monetary Affairs Committee; Fed Governor Bowman spoke on monetary policy and the banking industry; The United States began to impose tariffs on a variety of steel appliances, with the tax rate set at 50%. 2. Tuesday: ① Data: German IFO business climate index in June; UK CBI industrial orders difference in June; Canadian CPI monthly rate in May; US current account in the first quarter; US FHFA house price index monthly rate in April; US S&P/CS 20-city unadjusted house price index annual rate in April; US Conference Board consumer confidence index in June; US Richmond Fed manufacturing index in June; ② Events: Fed Goolsbee participated in the moderated Q&A session of the Milwaukee Business Journal's 2025 Mid-Year Outlook Conference; Fed Kugler and Williams hosted the "Fed Listening" event; Fed Hammack spoke on monetary policy; Fed Chairman Powell delivered testimony on the semi-annual monetary policy report to the House Financial Services Committee; Bank of England Governor Bailey attended the meeting of the House of Lords Economic Affairs Committee; Summer Davos Forum was held until June 26 ; NATO heads of state and government held a summit in The Hague from June 24 to 25, and Trump confirmed his attendance. 3. Wednesday: ① Data: API crude oil inventory in the US this week; Australia’s May weighted CPI annual rate; Switzerland’s June ZEW investor confidence index; US May new home sales total annualized; US weekly EIA crude oil inventory; ② Events: Fed’s Williams delivered a speech; Bank of Japan released a summary of the opinions of the review committee members of the June monetary policy meeting; Fed Chairman Powell testified on the semi-annual monetary policy report in the Senate Committee; Nvidia held a shareholders meeting; ③ Financial report: Micron Technology. 4. Thursday: ① Data: Germany’s July Gfk consumer confidence index; UK June CBI retail sales difference; US weekly initial jobless claims; US first quarter real GDP annualized quarterly rate final value; US first quarter real personal consumption expenditure quarterly rate final value; US first quarter core PCE price index annualized quarterly rate final value; US May durable goods orders monthly rate; US May existing home contract sales index monthly rate; US weekly EIA natural gas inventory; ② Events: Bank of England Governor Bailey delivered a keynote speech at the British Chamber of Commerce Global Annual Meeting; The Federal Reserve held a meeting to discuss the adjustment of the SLR rule. ③Financial report: Nike. 5. Friday: ①Data: Japan's unemployment rate in May; France's June CPI monthly rate; Eurozone's June industrial sentiment index; Eurozone's June economic sentiment index; Canada's April GDP monthly rate; US May core PCE price index annual rate; US May personal spending monthly rate; US May core PCE price index monthly rate; US June University of Michigan consumer confidence index final value; US June one-year inflation rate final value; ②Event: ECB President Lagarde delivered a speech; Fed's Williams presided over the 24th Bank for International Settlements Annual Meeting; Fed Hammack and Director Lisa Cook attended the "Fed Listening" event. 6. Saturday: ①Data: Total number of oil rigs in the United States that week; ②Event: The Thai Securities Regulatory Commission banned five unauthorized cryptocurrency exchanges including Bybit, 1000X, CoinEx, OKX and XT.COM.

Turkish Ministry of Foreign Affairs: Developments could turn the regional conflict into a global conflict, which must not happen.