[Today's key financial data and events: Thursday, June 26, 2025] ① 14:00 German Gfk Consumer Confidence Index in July ② 18:00 UK CBI Retail Sales Difference in June ③ 19:00 Bank of England Governor Bailey delivered a keynote speech ④ 20:30 US initial

1. US media revealed that Trump wants to create a "shadow Fed chairman" to influence the interest rate path in advance --According to the Wall Street Journal, Trump is increasingly dissatisfied with the Fed's inaction on the issue of interest rate cuts, which has prompted him to consider announcing the next Fed chairman in advance. People familiar with the matter revealed that Trump has been considering in recent weeks whether to select and announce Powell's successor in September or October this year. 2. Promote the results of the attack on Iran, saying it is comparable to Japan's nuclear explosion -Trump said at the NATO summit that the attack last weekend "completely destroyed" Iran's nuclear facilities, saying that it quickly ended the Iran-Israel conflict, comparable to the atomic bomb dropped on Japan in 1945. Japan's Kyodo News Agency said that Trump's remarks may cause controversy. 3. Continue to put pressure on Iran's nuclear program and warn that the Iran-Israel conflict may rekindle -Trump said that if Iran restarts its nuclear program, the United States will strike again; it will not give up sanctions on Iran; the United States will hold talks with Iran next week. He also said that the Israel-Iran conflict may break out again. 4. Met with Zelensky, but said that the ceasefire between Russia and Ukraine was not discussed -Trump met with Ukrainian President Zelensky during the NATO summit. Zelensky said that he had a comprehensive meeting with Trump on all important issues. But Trump denied to the media that he had discussed the ceasefire between Russia and Ukraine with Zelensky, saying that he would hold another call with Putin to see if the war could be ended. 5. Spain refused to increase defense spending, and Trump threatened to double its tariffs -Trump threatened on the 25th that Spain refused to meet NATO's goal of "raising defense spending to 5% of GDP", which would make the country face a tougher trade agreement in future negotiations. Trump said: "We will make them pay double." 6. Consider providing Ukraine with Patriot missile systems -Trump said on the 25th that the US "Patriot" anti-missile missile system is the most needed equipment for Ukraine at present. At present, this type of air defense system is also in short supply in the US inventory, and the US itself has deployment needs. But he also said that he would consider it. 7. Intelligence leaked, government to limit sharing of classified information with Congress --According to a senior White House official, the U.S. government believes that the Defense Intelligence Agency's early assessment report on the attack on Iran was leaked after it was posted to CAPNET (a system for sharing classified intelligence with Congress) on the evening of the 23rd. The White House will therefore reduce the content shared on the system. 8. Top economic adviser says "retaliatory tax" in Trump's tax bill may be canceled -Hassett, director of the White House National Economic Council, said on Wednesday that the government is pushing trading partners to quickly reach a deal to make the "retaliatory tax" in Trump's tax bill unnecessary. If countries make statements in the near future, Congress can remove Section 899 from the tax bill this week. 9. The government sued all 15 federal judges in Maryland for blocking immigration deportation orders -The Trump administration filed a lawsuit against 15 federal judges in Maryland on Tuesday, accusing the state of ordering the immediate deportation of immigrants who challenged the deportation order. 10. Calling for the cancellation of the trial of the Israeli prime minister--Trump: learned that Israeli Prime Minister Netanyahu had been summoned to court on Monday. The trial of Netanyahu should be canceled. 11. Threatened to shut down Voice of America, denounced as the "mouthpiece" of the Democratic Party --Trump threatened to shut down Voice of America again on the 25th, calling the agency a "megaphone" for the Democratic Party. Trump wrote on social media that day: "Why do Republicans want to keep Voice of America, the 'megaphone' of the Democratic Party, alive?" "Eliminate it." 12. Criticized CNN for fake news again, demanded the dismissal of reporters -Trump said on social media: "Fake news CNN is simply disgusting and extremely incompetent. Some of their anchors are simply the dumbest in the industry!" He also called for the dismissal of CNN reporter Natasha Bertrand. 13. Invited to make a state visit to the UK--Buckingham Palace in the UK confirmed that Trump has been invited to make a state visit to the UK later this year.

The USD/CHF exchange rate fell below the 0.80 mark for the first time since September 2011, down 0.56% on the day.