欧洲央行管委科赫尔：通胀威胁降低，但尚未完全遏制。接下来的决定将是加息或维持利率不变。

In Q2, the S&P 500 rose 14.9%, the Dow gained 12.9% and the Nasdaq climbed 21.4%.

Judicial auctions of Chinese baijiu bulk stocks on platforms including Alibaba Auctions and JD Auction have risen, signaling stress transmission from downstream channels to upstream production. Incomplete counts show more than ten liquor firms have had bulk spirits auctioned since 2026; most lots faced repeated failed auctions and successful sales generally cleared below appraisal. In May, Anhui Wuzigu Liquor Co. sold two lots on JD Auction after five failed attempts, at prices equivalent to 3.9 yuan and 3.7 yuan per 500g—roughly the price of supermarket cola.