NEW: 🇨🇳 China PBOC announces open market operating rates will be based on 7-day reverse repo rate with ±25 bps range

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NEW: 🇨🇳 China to supply yuan liquidity to qualified overseas central bank-like entities via FIMA RMB repo facility

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NEW: 🇨🇳 China securities regulator to review and advance pilot program for yuan FX futures

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NEW: 🇨🇳 China plans to allocate new QDII quotas — state foreign exchange authority

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NEW: 📈 Xiaohongshu targets Hong Kong IPO by year-end at over $70B valuation — WSJ

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NEW: 🇮🇷 Iran fires drones at commercial ships in Strait of Hormuz, breaking peace deal — report

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NEW: 🛢️ Three Iranian tankers carrying nearly 5 million barrels exit US Navy blockade for first time in months as Strait of Hormuz reopening nears

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NEW: 🌍 G7 nations reaffirm support for US-Iran agreement, signal readiness to assist with implementation.

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NEW: 🇬🇧 UK CPI inflation holds at 2.8% YoY in May, below 3% forecast

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NEW: 🇬🇧 UK core CPI inflation hits 2.6% YoY, below 2.7% forecast

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NEW: 🇬🇧 UK PPI input prices rise 8.7% YoY, slightly below 8.8% forecast

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NEW: 🇨🇦🇺🇸 Trump approves framework for Canada-China car agreement, Carney says at G7 summit

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🚨BREAKING🚨: 🇯🇵 Japan moves toward first-ever consumption tax cut, adding to fiscal strain

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NEW: 🇺🇸 Trump-linked World Liberty Financial likely to receive national trust bank charter, enabling USD1 stablecoin issuance and in-house payments

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NEW: 🛢️ IEA slashes 2026 world oil demand forecast to -1.1M bpd from -420k bpd due to Iran war impact

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NEW: 🛢️ IEA forecasts 2027 supply growth of 8M bpd vs demand growth of 2M bpd, leaving over 5M bpd overhang

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NEW: 🛢️ IEA warns operational and political constraints leave downside risk to Middle East oil outlook after US-Iran deal

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NEW: 🛢️ TotalEnergies CEO says Saudi refinery hit by three drones, running at 70%, full repair likely not until early 2027

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NEW: 🇪🇺 Eurozone core CPI final 2.6% YoY, above 2.5% forecast

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NEW: 🇪🇺 Eurozone CPI final 3.2% YoY in May, in line with estimate and prior

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NEW: 🇬🇧 UK's CMA imposes new conduct requirements on Google search services, including transparency and fair treatment of advertisers

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