South Korea's KOSPI index rose about 68% in Q2, its largest quarterly gain since Q4 1998.

Fed Governor Cook said he welcomed the U.S. Supreme Court decision, which upheld a lower-court order and affirmed the need for due process and proper cause, and recognized that Federal Reserve independence is essential to achieving Congress’s mandates of price stability and full employment. Cook characterized the mortgage-fraud allegations as unrelated to documents he signed before joining the Fed and called the case a fabricated attempt to remove him for refusing to yield to political pressure and for making rate decisions based on what he judged best for the American people. He said he is relieved by the ruling and will continue to defend the Fed’s political independence while in office.

摩根士丹利：目前预计2027年全球石油市场隐含供应过剩480万桶/日。