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2026-05-28 Thursday

2026-05-30

19:08:51

Kuwait condemned Iran's attack on its territory on Thursday, saying it reserves the right to take all measures to safeguard its national security.

19:08:06

Ukrainian President Zelensky: Sweden and Ukraine have launched a major defense agreement involving the Griffin fighter jet.

19:07:17

[State Council: Support for Eligible Projects Through Central Budget Investment, etc.] The State Council issued the "15th Five-Year Plan for Urban Renewal." The plan proposes to build a sustainable urban construction, operation, investment, and financing system. It also calls for improved fiscal support policies, providing support for eligible projects through central budget investment, central government financial support for urban renewal initiatives, and allowing local government special bonds to support eligible urban renewal projects, which can be used as project capital. Local governments are encouraged to increase fiscal investment and, while ensuring the completion of national tasks, promote the integration and coordinated use of relevant funds. The plan also implements tax and fee reduction policies related to urban renewal and optimizes financial support measures. It emphasizes leveraging the role of various financial institutions, guiding them to provide financial services for urban renewal projects within their business scope according to market-oriented and rule-of-law principles, and prohibiting the creation of new local government hidden debt. For projects with controllable risks, commercial sustainability, and eligibility, market-oriented models such as integrated development, syndicated loans, and project investment are permitted for support. The plan also explores effective measures for financial support of independent renewal and reconstruction of old urban housing. (China Government Network)

19:05:07

The Israeli military has announced that it has launched an attack on Beirut, Lebanon.

19:04:17

The Swiss National Bank (SNB) president stated that the SNB's primary tool is the policy interest rate. However, it may intervene in the foreign exchange market if necessary.

19:04:08

Swiss National Bank President: The Swiss franc is a safe-haven currency – it tends to appreciate during periods of high global uncertainty.

19:03:59

Missouri leads surrounding states with an average hourly wage of $33.92, Illinois tops the list at $36.35, and Mississippi lags behind at $28.98. (1) Data released by the U.S. Bureau of Labor Statistics shows that as of April 2026, the average hourly wage for Missouri residents was $33.92, ranking 29th in the nation (including Washington, D.C.). Missouri residents work an average of 32.9 hours per week, earning an average weekly income of $1,115.97, equivalent to an annual salary of approximately $58,030. (2) Compared to neighboring states, Missouri's average hourly wage of $33.92 is only lower than Illinois' $36.35, but higher than Kansas ($32.98), Nebraska ($32.56), Oklahoma ($31.94), Tennessee ($31.79), Kentucky ($30.72), Iowa ($30.59), and Arkansas ($29.53). (3) Washington, D.C. has the highest average hourly wage at $57.39, nearly $24 higher than Missouri, but the cost of living there is about 50% higher than in St. Louis. Mississippi has the lowest average hourly wage at $28.98.

19:03:44

Swiss National Bank President: Inflation is in line with the medium-term price stability target.

19:01:55

[EU Energy Directorate: Supply Will Be Tighter if Situation Doesn't Improve in the Coming Weeks] On May 28th local time, the European Commission's Energy Directorate-General issued a statement saying that the closure of the Strait of Hormuz has affected crude oil and all major petroleum products, impacting all EU countries. If the situation does not improve in the coming weeks, market supply is expected to become increasingly tight, especially in the aviation fuel market. The statement noted that the European Commission's Gas Coordination Group held talks with EU countries on May 26th, and the Petroleum Coordination Group also met on May 25th to discuss the security of EU gas and oil supplies given the ongoing tensions in the Middle East. The Gas Coordination Group stated that EU gas storage levels could reach 80% by the end of summer, ensuring gas supplies for the winter of 2026-2027. The organization reiterated the need for regular assessments of gas storage facility fill levels based on actual conditions. (CCTV News)

19:00:49

[Hamas: Israel's Increased Military Operations Threaten Ceasefire Agreement to Collapse] The Palestinian Islamic Resistance Movement (Hamas) issued a statement on the 28th, saying that the first phase of the ceasefire agreement in the Gaza Strip is "on the verge of collapse" due to Israel's escalating military operations. The statement said that Israel launched a heavy airstrike on a residential building in downtown Gaza on the evening of the 27th, killing 10 people, including two children and two women, and injuring dozens more. More than 20 people have died in the past 48 hours alone due to Israel's escalating attacks on the Gaza Strip. The statement indicated that this demonstrates Israel's intention to resume its genocidal war in Gaza, ignoring its commitments and the efforts of the guarantor states. The statement called on the United States and the guarantor states to fulfill their responsibilities, condemn Israel's breach of the agreement, and take concrete and effective measures to compel Israel to comply with its terms. In recent days, the Israeli military has intensified its airstrikes on the Gaza Strip, killing Hamas military leaders in the attacks. A recent report from the Gaza Strip health department shows that since the ceasefire agreement took effect on October 10, 2025, more than 900 Palestinians have been killed and more than 2,000 injured in Israeli military operations. (Xinhua)

19:00:08

Brazil's Composite Market Price Index (IGP-M) monthly rate for May

Previous : 2.73% Forecast : 0.80%

Published Value 0.84%

18:59:56

Kuwait issued a statement condemning Iran's attack on its territory on Thursday.

18:56:36

Iran's Islamic Revolutionary Guard Corps: Iran still controls and manages the Strait of Hormuz, and any interference will be met with a "decisive response."

18:56:18

[Iranian Official: US Ceases Excessive Demands as a Prerequisite for Success; Strait of Hormuz Will Not Be Threatened] (1) According to the Iranian Students' News Agency, Bagheri, deputy secretary of Iran's Supreme National Security Council, said that the path to success depends on the US ceasing its excessive demands. (2) He pointed out that Iran's national security will not be threatened through the Strait of Hormuz. (3) Bagheri said that the US's views belong to the "barbaric era".

18:53:48

Iran's Islamic Revolutionary Guard Corps said that 26 ships passed through the Strait of Hormuz in the past 24 hours.

18:53:05

Iran's Islamic Revolutionary Guard Corps: 26 ships have passed through the Strait of Hormuz in the past 24 hours.

18:52:25

Iranian state television said that ahead of Thursday’s U.S. attack on Bandar Abbas, Iran detained two transit vessels in the Strait of Hormuz and forced two other vessels to turn back.

18:51:13

[Approximately 300,000 Traditional Medicine Practitioners in South Africa Have Been Unregulated for Nearly 20 Years, Law Implementation Delayed for a Long Time] (1) The Health Committee of the South African Parliament stated that due to the failure to implement key provisions of the Traditional Medicine Practitioners Act for many years, approximately 300,000 traditional medicine practitioners have been unregulated for a long time, resulting in a serious regulatory gap. (2) The Act was passed in 2007, and a statutory council was established in 2014, but the core provisions have not been implemented after 12 years; the council's funding is extremely limited (the 2024 budget is approximately 6.7 million rand), and the model of relying on registration fees is impractical because many practitioners are located in economically vulnerable rural communities. (3) The committee pointed out that the lack of a registration system makes it impossible to verify or regulate practitioners, exposing the public to the risk of harmful medical practices; the council has been in a "provisional" state since 2014, weakening accountability. The Ministry of Health and the council claimed that the delay was due to a backlog of regulatory approvals and procurement difficulties, but the committee believed that the explanation was insufficient and requested the submission of detailed written materials and a clear implementation plan.

18:50:15

[Berenberg: Ferrari's electric car Luce is a high-risk bet] (1) Berenberg analysts point out that Ferrari's electric car represents a huge bet aimed at expanding its product portfolio and attracting increasingly tech-savvy affluent buyers, but the reputation of this 80-year-old brand is also at risk. (2) The car's design is vastly different from traditional Ferraris, and initial customer reactions to images ranged from shock to harsh criticism, but attitudes changed after seeing the actual car (especially the interior). (3) Some customers may find it difficult to see the Luce as a true Ferrari, and social media backlash may persist, but this does not affect the investment rationale. Berenberg expects 25 units shipped in the fourth quarter and 1,000 units by 2027; Ferrari's stock price rose 1.2%.

18:49:57

[Trump Makes a Strong Statement: Rejecting Uranium Enrichment in Exchange for Sanctions, Strait Must Be Fully Open, Oman Will Be Bombed if It Doesn't Obey] ⑴ US President Trump made it clear that even if Iran abandons its highly enriched uranium, it will not receive the lifting of US sanctions. "It's not a trade-off," he said, adding that Iran's abandonment of highly enriched uranium "is absolutely not in exchange for sanctions relief." Trump also expressed dissatisfaction with the progress of negotiations with Iran, stating that Iran is eager to reach an agreement, but the US is not yet satisfied. "If we can't reach an agreement, we may have to go back to work." ⑵ Trump demanded that the Strait of Hormuz be open to everyone and not controlled by any single country. Regarding reports of Iran and Oman jointly controlling the strait, he threatened Oman that it "will behave itself" and reject any such mechanism, "otherwise we will have to bomb them." Trump also stated that if Iran thinks he will soften his stance to avoid a prolonged standoff, it is mistaken. "I don't care about the midterm elections." ⑶ On domestic policy, Trump indicated that the government might discuss the possibility of suspending the federal gasoline tax with Congress, saying, "Let's see what happens in the next week or two." The government also plans to invest in drone companies to increase domestic production capacity. Furthermore, a U.S. judge refused to block Trump's executive order tightening mail-in voting rules, a positive development for the Republican Party in the midterm elections. (4) In foreign policy, the Trump administration has reportedly privately instructed federal prosecutors in Miami to suspend the criminal investigation into Venezuela's acting president to avoid impacting efforts to stabilize the country. Simultaneously, the government is gradually escalating economic sanctions, attempting to strangle the Cuban regime through a "slow-motion" tightening strategy. Additionally, Trump filed a $10 billion defamation lawsuit against the Wall Street Journal over a report concerning Epstein.

18:48:22

Market news: Russia has restricted imports of some fruits and vegetables from Armenia.

18:43:39

Both bulls and bears of the Japanese yen should take note: the policy signals given by Japanese bond issuance have changed. Details>

18:43:31

Iran's Supreme Leader Mojtaba Khamenei: The enemy is trying to create division.

18:43:10

Mizuho Bank raised its price target for Micron Technology (MU.O) from $800 to $1150. It also raised its price target for Dell (DELL.N) from $300 to $350.

18:41:31

Mizuho raised its price target for SanDisk from $1,625 to $1,825.

18:41:14

TD Securities: Expects the Federal Reserve and the Bank of Canada to keep interest rates unchanged in 2026.

18:36:36

Hungarian Prime Minister: We will only agree to begin the first chapter of negotiations on Ukraine’s accession to the European Union if we reach a consensus on the rights of Hungarian minorities.

18:34:26

[Australian Prudential Regulation Authority Maintains Macroprudential Policy Amid High Uncertainty] ⑴ Following its latest assessment, the Australian Prudential Regulation Authority (APRA) confirmed that it will maintain its existing macroprudential policy settings. The mortgage servicing capacity buffer remains at 3 percentage points, the countercyclical capital buffer remains at 1% of risk-weighted assets, and the high debt-to-income ratio (DTI) loan cap remains unchanged at 20%. ⑵ APRA noted that the operating environment remains highly uncertain, and shifts in the economic outlook are impacting financial stability risks. Household debt levels remain high, and while housing credit growth was strong in the first quarter, signs of slowing have emerged. Household and business cash flow pressures have increased due to inflation and rising interest rates, but the non-performing loan ratio remains low. ⑶ High-risk mortgage lending is under control, and lending standards are generally sound. High DTI loans remain well below the APRA-set cap, therefore this cap does not restrict overall bank lending. The Chairman stated that since the last assessment, interest rates have risen against a backdrop of high inflation, and the Middle East conflict has exacerbated cost pressures on households and businesses by pushing up oil prices. ⑷ APRA believes the banking system is well-capitalized and resilient enough to withstand a significant deterioration in economic conditions. The regulator will remain vigilant, monitoring for any early signs of risk that could negatively impact financial stability, and will adjust macroprudential policy settings as necessary. The agency currently oversees financial institutions holding A$9.8 trillion in assets.

18:31:51

[Two Departments Join Forces to Systematically Develop AI Metrology Capabilities] It was learned today that the State Administration for Market Regulation and the National Development and Reform Commission jointly issued the "Guidelines for the Construction of Artificial Intelligence Metrology System and Capabilities (2026 Edition)," systematically outlining the construction of AI metrology capabilities. The Guidelines systematically address six major areas: basic support, general technologies, core technologies, metrology technical specifications, metrology services industry, and intelligent-enabled metrology, bridging the "last mile" between laboratory innovation and industry application. Focusing on the challenge of "inaccuracy," the Guidelines aim to make AI more reliable. Addressing pain points such as the "black box" nature of algorithms and poor interpretability of decisions, the Guidelines deploy key technology breakthroughs in areas such as internal state monitoring and characterization of AI systems, promoting the establishment of reliable, safe, and trustworthy metrology standards for AI, and achieving "measurable, comparable, and traceable" AI technology performance. (CCTV News)

18:31:26

[Middle East benchmark crude premiums jump as tensions in the Strait of Hormuz ignite supply concerns] ⑴ On Thursday, premiums for Middle Eastern crude benchmarks such as Oman, Dubai, and Murban rose as escalating tensions in the Persian Gulf fueled supply concerns. The Iranian Revolutionary Guard attacked a US airbase after the US military struck Iranian drone operations near the Strait of Hormuz. Oil prices jumped more than 2% on the day. ⑵ The premium for cash Dubai crude over swaps rose $2.64 to $12.67 per barrel. GME Oman crude was quoted at $103.49 per barrel, with a spread of $16.96 over Dubai, up from $7.10 previously. Cash Dubai was quoted at $99.20 per barrel. ⑶ South Korea's SK Energy has issued a tender seeking Middle Eastern crude and condensate for shipments from the UAE, Oman, and Qatar for July to October. The tender closes on June 2. Data shows that earlier this week, two very large crude carriers and one liquefied natural gas carrier sailed out of the Strait of Hormuz with their transponders off, bound for China and India. (4) Singapore's middle distillate fuel inventories fell to a near two-month low due to continued declines in imports. Analysts pointed out that the US exemption policy allowing foreign-flagged vessels to transport oil between US ports has had a limited impact on stabilizing domestic gasoline prices due to high freight rates and relatively small transport volumes.

18:30:11

Alibaba Group: It has determined that some of its products, such as servers and network equipment, require the use of 3TG minerals.

18:27:27

[Space Computing Power Becomes a New Arena for Great Power Competition: Chief Supercomputing Scientist Reveals Space-Based Computing Security Guarantee] As the core of space competition among major technological powers shifts from "visible" orbits and payloads to "powerful" data and intelligence, space computing power has become a cutting-edge arena. Meng Xiangfei, chief scientist of the National Supercomputing Center in Tianjin, stated: Data security protection encompasses multiple dimensions. First, there is physical security, relying on a space-ground collaborative backup mechanism to prevent data damage due to disasters, accidents, or external shocks. Secondly, we will deploy multiple computing centers in space, which will perform mutual data backup. Future data security should be called AI attack and AI protection. We need to train AI so that once signs of an attack appear, it will proactively respond, thus requiring powerful computing power as support. (CCTV Finance)

18:26:16

According to AXIOS: IBM (IBM.N) is investing $5 billion in artificial intelligence technology to combat cyber threats.

18:22:32

Polish Prime Minister Tusk: Work has begun on a defense treaty with Italy.

18:20:01

Hungarian Prime Minister: Outstanding issues regarding EU funding will be resolved on Friday.

18:19:44

Royal Bank of Canada: Expects the Bank of England and the European Central Bank to raise interest rates moderately; anticipates the Federal Reserve and Canada to maintain current interest rates in 2026. Growth in most advanced economies will remain positive.

18:19:22

Philippine President Marcos: The Philippines and Japan have signed an agreement to avoid double taxation.

18:18:46

Hungarian Prime Minister: EU funds will increase fiscal flexibility

18:17:08

The Hungarian Prime Minister stated that he will soon submit Hungary's formal application to join the European Public Prosecutor's Office.

18:15:21

[WHO Director-General Tedros Adhanom Ghebreyesus says he is traveling to the Democratic Republic of Congo in response to the Ebola outbreak] On March 28, local time, WHO Director-General Tedros Adhanom Ghebreyesus posted on his personal social media that he was traveling to the Democratic Republic of Congo. In his post, Tedros said that the Ebola outbreak is resurging, with Ituri province bearing the brunt. He will be working alongside the WHO team and partners, as well as a group of outstanding medical personnel, under the leadership of the Congolese government. Tedros wrote, "This country has defeated Ebola 16 times, and it will do so 17 times as well. But we must act immediately and work together." (CCTV News)

18:14:30

Japanese Prime Minister Sanae Takaichi: We will strengthen supply chains with ASEAN and other Asian regions.

18:12:43

Japanese Prime Minister Sanae Takaichi: Met with the Philippine President and agreed to upgrade relations with the Philippines.

18:11:36

UK Work and Pensions Secretary: Youth unemployment in the UK is deeply rooted.

18:08:43

In an effort to win the midterm elections, Trump shifted his approach to the US-Iran standoff. Details>

18:07:26

[Israeli Army Kills Hamas Funding Network Leader] (1) The Israel Defense Forces (IDF) announced on the 28th that an attack in Khan Younis, southern Gaza Strip, on the 26th killed Ihab Khalizim, the head of Hamas's core funding network. He was responsible for transferring millions of dollars to Hamas's military and had been violating the ceasefire agreement for several months. (2) The attack also killed Mohammed Habash, a commander involved in weapons manufacturing. (3) In recent days, the IDF has intensified its airstrikes on the Gaza Strip, killing several Hamas military leaders and commanders.

18:05:45

[Large-scale Mechanized Wheat Harvesting Underway Nationwide] The Ministry of Agriculture and Rural Affairs announced on May 28 that as of 5 PM on May 28, 48.97 million mu (approximately 3.25 million hectares) of summer wheat had been harvested nationwide, with daily mechanized harvesting exceeding 10 million mu (approximately 667,000 hectares). The large-scale mechanized wheat harvest for this year's "Three Summers" (summer harvest, summer planting, and summer management) has fully commenced across the country. The overall harvest progress is currently nearly 20%, with the harvest in Southwest China and Hubei province nearing completion, Henan and Anhui provinces nearing 10%, and Jiangsu and Shaanxi provinces gradually commencing harvesting. An official from the Ministry of Agriculture and Rural Affairs stated that over 17 million sets of various agricultural machinery will be deployed nationwide for this year's "Three Summers." The Ministry has proactively organized and mobilized various regions to prepare for the harvest, and has collaborated with transportation, public security, and meteorological departments to strengthen service guarantees for agricultural machinery operations. (Xinhua News Agency)

18:05:41

Italy's PPI year-on-year rate in April

Previous : 4.20% Forecast : -

Published Value 0.10%

18:05:31

Italy's PPI monthly rate for April

Previous : 5.90% Forecast : -

Published Value 8.80%

18:03:55

The Hong Kong Special Administrative Region Government reported that net gold exports to mainland China in April totaled 86.715 tons, up from 47.866 tons previously; total gold exports to mainland China in April totaled 99.327 tons, up from 79.576 tons previously.

18:03:32

U.S. Department of Defense: Reports have been received that U.S. military personnel have been located and locked in the combat zone.

18:02:19

The General Staff of the Armed Forces of Ukraine said on the 28th that the Ukrainian Defense Forces attacked the Tuapse oil refinery located in the Krasnodar Krai of Russia.

18:00:40

[Poland's BGK Issues Bonds, Raising Nearly 1 Billion Złoty Across Four Types] ⑴ Poland's state-owned development bank, BGK, sold 26 million złoty worth of bonds maturing in February 2029 on Thursday. It also sold 540 million złoty worth of bonds maturing in February 2031. ⑵ BGK also sold 355 million złoty worth of bonds maturing in March 2032. Additionally, it sold 17.5 million złoty worth of bonds maturing in February 2035.

18:00:11

South Korea's Ministry of Trade, Industry and Energy announced it will invest 800 billion won in the Furiosa artificial intelligence project.

17:59:49

Kazakhstan has stated that the first unit of the Balkhash nuclear power plant is scheduled to begin operation in 2034.

17:59:26

Escalating tensions in the Gulf and soaring oil prices have led to a vicious cycle in which gold prices continue to fall amidst the turmoil. Details>

17:58:51

[Merz's Plummeting Approval Ratings Spark Rumors of a Leadership Change; German Chancellor Vows to Push for Reforms and Rebuts Coup Attacks] ⑴ German Chancellor Merz has refuted reports that his plummeting approval ratings may trigger a coup attempt against him, and vowed to continue pushing forward with the reform agenda. Speaking at a CDU rally, Merz stated that "Germany has the power to open a new chapter," and he will do everything in his power to work with the government to achieve this. ⑵ Merz's Chancellor's office is attempting to refute reports that the CDU might nominate a new leader to replace him as his approval ratings have fallen to a historic low. A German government official pointed out that such a scenario is politically naive and plays right into the hands of the far right. ⑶ There are currently no indications that a replacement plan for Merz has materialized, but the possibility of such a change has become a topic of public discussion. The German newspaper Bild and numerous other media outlets reported on Wednesday, citing senior CDU officials, about rumors of a "change of chancellor."

17:55:47

[Shoigu warns: Australia may deploy US nuclear weapons in the future] (1) Russian Security Council Secretary Sergei Shoigu warned that Australia may deploy US nuclear weapons on its territory in the future; the US is also considering Japan and South Korea as nuclear weapons deployment options. (2) The US military will deploy the Typhon missile system (capable of launching Tomahawk missiles with nuclear warheads) in southwestern Japan as early as next month for joint exercises, and will store it at US military bases in Japan after the exercises; Russia says this is not a "permanent deployment". (3) Shoigu pointed out that Japan and South Korea are preparing to deploy US nuclear weapons, and Australia, having joined AUKUS, may eventually have such weapons on its territory.

17:52:53

[Kuwait Intercepts Missiles and Drones, Escalating Tensions in the Strait of Hormuz] ⑴ The Kuwaiti military announced on Thursday that its air defense systems were intercepting hostile missiles and drones targeting the country's airspace, with explosions heard across Kuwait attributed to these interceptions. The military did not disclose the source of the attacks or immediately release reports of casualties or damage. ⑵ This attack on Kuwait occurred after a new round of US military strikes against Iranian targets near the Strait of Hormuz early Thursday morning. The US military claimed to have destroyed a drone launch site and shot down four Iranian attack drones, while also striking a ground control station at Bandar Abbas, a port city on Iran's southern coast. ⑶ Iran confirmed the US attack, stating that the Islamic Revolutionary Guard Corps retaliated against a US airbase at 4:50 AM local time, but did not disclose the base's location. Iran and the US are currently in negotiations. ⑷ Kuwait hosts a major US military base, but the country has not blamed the attack on any nation. A US official stated that the US action was "measured, purely defensive, and aimed at maintaining the ceasefire."

17:50:59

[German Media: CDU Leaders Reportedly Discuss Removing Chancellor Merz, Approval Rating Hits Record Low] (1) According to German media reports, senior members of the Christian Democratic Union (CDU) are reportedly discussing the possible removal of Chancellor Merz, whose approval rating has plummeted to a record low. Participants in the discussion include regional leaders such as North Rhine-Westphalia's Minister-President Worcester, Hesse's Minister-President Rhine, and Saxony's Minister-President Kretschmer. (2) Several media outlets have listed Worcester as a possible replacement (he leads Germany's most populous state and is the highest-rated member of the CDU); while Merz has recently been rated as the world's most unpopular political leader. Other media outlets have called the reports "rumors" and stated that there are no concrete plans yet. (3) Since taking office in May 2025, Merz has increased support for Ukraine and accelerated Germany's rearmament, promising to make the German army the "strongest" conventional army in Europe. He has also called on Germans to work harder, saying that the welfare model is unsustainable. As of mid-April, his disapproval rating was 76%, with only 19% satisfied.

17:49:04

[New York Fed Warns: US Food Insecurity Ratio Soars from 4% to 10%, K-Shaped Economy Exacerbates Poverty for the Underprivileged] ⑴ A study released Wednesday by the New York Federal Reserve shows a “significant” increase in the number of Americans struggling to access enough food over the past few years, potentially contributing to record lows in consumer confidence. The study found a larger proportion of Americans are now “food insecure” compared to May and June 2020. ⑵ In February 2026, the proportion of surveyed households reporting food insecurity rose to 10%, compared to 4% in June 2020. The percentage receiving food donations rose from 10.6% to 15.8%, and the percentage receiving Supplemental Nutrition Assistance (SNAP) rose from 10.6% to 17.9%. More than a third of respondents used their savings to pay for expenses, up from 21.8% previously. ⑶ New York Fed researchers noted that the worsening food insecurity is particularly pronounced among families with lower levels of education, lower incomes, and young children. Under this “K-shaped” economic pattern, the underprivileged face greater financial pressure due to high living costs and the expiration of pandemic-era aid. (4) Researchers added that while a causal relationship may not exist, the link between food insecurity and heightened pessimism helps explain why U.S. consumer confidence remains weak despite resilient economic data. The survey data was collected before the escalation of tensions in the Middle East led to tight oil supplies.

17:48:52

[US Mortgage Rates Surge to Nine-Month High of 6.65%, Refinancing Plummets, Markets Bet Against Year-End Rate Hike] ⑴ The average interest rate on the most popular home loans in the US rose to a nine-month high last week. As of the week ending May 22, the average rate on a 30-year fixed-rate mortgage rose 9 basis points to 6.65%, a level last reached in August 2025. ⑵ The Iran war has led to persistently high oil prices, exacerbating inflation concerns and pushing up benchmark US Treasury yields. Data from the Mortgage Bankers Association shows that mortgage applications fell 8.5% from the previous week, mainly dragged down by declining refinancing demand. ⑶ This rise in mortgage rates comes as Kevin Warsh succeeds Jerome Powell as the new chairman of the Federal Reserve. President Trump had previously tirelessly criticized Powell for keeping interest rates too high. Hours after Warsh was sworn in at the White House, Trump indicated he expected interest rates to fall. ⑷ However, financial markets are currently betting on the possibility of a Fed rate hike before the end of the year. Mortgage rates are loosely correlated with the Federal Reserve's short-term policy rates, but more closely follow the trend of 10-year Treasury yields.

17:47:41

[US-Iran Attacks Damage Ceasefire Prospects, Oil Prices Jump 2.5%, Eurozone Yields Rise Across the Board] ⑴ Eurozone government bond yields rose on Thursday as attacks between the US and Iran jeopardized the ceasefire agreement and pushed oil prices up by approximately 2.5%. The yield on German 10-year bonds rose 2 basis points to 3.005%, while the yield on German 2-year bonds, more sensitive to ECB interest rate expectations, rose 4 basis points to 2.617%. ⑵ Iran's Revolutionary Guard said on Thursday that it had struck a US airbase shortly after a US attack on an Iranian target near the Strait of Hormuz. Brent crude rose 2.5% to $96.65 a barrel. ⑶ Commerzbank interest rate strategists said the market remained wary of headlines from Iran, as last night's renewed attacks reduced the likelihood of a swift agreement, and negative news stalled the market, hindering a sustained easing of pressure. (4) Money markets have increased bets on interest rate hikes, with current expectations that the European Central Bank will raise rates by nearly 65 basis points this year, up from less than 60 basis points on Wednesday evening.

17:44:56

[Abnormal high temperatures in many parts of the world, Europe hit by "heat dome"] (1) The World Meteorological Organization said on the 28th that there is an 86% probability that the temperature in a year between 2026 and 2030 will exceed that of 2024, becoming the hottest year on record. (2) Europe has recently experienced abnormal high temperatures, with many places breaking records for the same period. Experts say that the "heat dome" effect has caused summer-like weather in May: 10 autonomous communities in Spain issued warnings, with the Basque Country reaching a high of 37°C. The heat wave will peak from the 27th to the 29th, with many places approaching or exceeding 40°C; Rome, Florence, Turin and Bologna in Italy issued the highest level red high temperature warning, with a high of 35°C, and advised to avoid prolonged exposure from 11 am to 4 pm. (3) France, Ireland, Portugal and other countries also experienced abnormal high temperatures on the 27th.

17:42:15

[Ukrainian Parliament Approves Bill to Receive €90 Billion EU Loan] According to the Ukrainian National News Agency on the 28th, the Ukrainian Verkhovna Rada (parliament) approved a bill that day to receive a €90 billion loan from the European Union. Ukrainian Finance Minister Marchenko said the bill provides a legal framework for receiving the €90 billion loan. Regarding the allocation of funds, €60 billion will be used to enhance the potential of Ukraine's defense industry, and another €30 billion will be used to support the fiscal budget. Marchenko also stated that Ukraine will only repay the loan if Russia pays war reparations, and the principal and interest will be deducted from the Russian reparations. (CCTV News)

17:38:10

[EU Confirms Gas Supply Security for Winter; 80% Storage Expected by Summer End; Jet Fuel Supply to Tighten if Oil Market Doesn't Improve in Weeks] ⑴ The EU Petroleum Coordination Group confirmed that there are no immediate concerns about the security of EU gas supplies for the next winter. The group noted that EU gas storage levels could reach 80% by the end of summer, ensuring gas supplies for the next winter. ⑵ The EU stated that replenishing gas storage to 80% capacity before the end of summer is still achievable. The EU Petroleum Coordination Group also warned that the jet fuel market is expected to tighten if the oil market does not improve in the coming weeks.

17:37:53

The EU Petroleum Coordination Group meeting confirmed that there are currently no pressing issues regarding the security of the EU's gas supply for the next winter.

17:37:43

The EU Oil and Gas Coordination Group stated that it is still possible to restore natural gas storage capacity to 80% by the end of summer.

17:37:30

The EU has stated that it is still possible to restore natural gas storage capacity to 80% by the end of summer.

17:37:25

The EU Oil and Gas Coordination Group will continue to monitor the EU's oil and gas supply situation and coordinate actions as needed.

17:37:21

The EU Oil and Gas Coordination Group will continue to monitor the EU's oil and gas supply situation and coordinate actions as needed.

17:35:21

The EU's oil coordination group meeting confirmed that there are currently no imminent concerns about the security of the EU's gas supply for the next winter.

17:34:52

Japanese Foreign Minister Toshimitsu Motegi stated that he held a telephone conversation with the Prime Minister of Qatar and agreed to cooperate in promoting peace and stability in the Middle East. Meanwhile, the Qatari Prime Minister expressed his desire to further strengthen cooperation with Japan in areas such as energy.

17:33:18

EU member states have no plans for additional gas market intervention measures.

17:33:07

The EU has stated that the aviation fuel market will tighten in the coming weeks if the situation in the Strait of Hormuz does not improve.

17:30:43

[Slovenia Oversubscribed, Strong Demand for Floating-Rate Bonds, Local Banks Dominate 96%] ⑴ The Slovenian Ministry of Finance successfully issued €350 million (approximately US$406 million) of 7-year floating-rate euro bonds on Thursday, maturing on May 29, 2033. This issuance responded to domestic investor demand for floating-rate government financial instruments and helps further diversify the sources of funding for the national budget. ⑵ The Ministry of Finance announced on May 26 that it had entrusted local banks OTP Bank and UniCredit Banka Slovenija to lead the issuance. The order book opened at approximately 8:45 am on Tuesday, with initial pricing guidance at the six-month euro interbank lending rate plus 20 basis points. Demand was strong from the outset, reaching €375 million by 11:00 am, thus increasing the issuance size from the initially announced €250 million to €350 million. ⑶ Slovenian investors subscribed to 96% of the issuance, with the remainder coming from Austrian investors. By investor type, banks accounted for 90%, while insurance companies and investment funds had relatively lower participation.

17:30:10

South Africa's PPI monthly rate for April

Previous : 1.10% Forecast : 2.30%

Published Value 3%

17:30:09

South Africa's PPI year-on-year rate in April

Previous : 2.30% Forecast : 3.50%

Published Value 4.80%

17:28:09

A U.S. judge allowed Trump to implement his executive order on mail-in voting, a setback for Democrats.

17:28:00

AXIOS website: The Trump administration is preparing for the possibility of the Cuban government collapsing this summer.

17:26:18

[Geopolitical risks exert pressure, Bank of Japan may pause interest rate hikes, yield curve steepens further] ⑴ The Japanese government bond yield curve has steepened, with short- to medium-term yields declining while ultra-long-term yields have risen. The market believes that tensions between the US and Iran may force the Bank of Japan to pause interest rate hikes at its policy meeting next month, and the central bank may lag behind the curve. ⑵ Following reports of a new round of US military strikes against Iran, Japanese government bond futures opened down 19 ticks to 128.40, and further fell to 132.32 in the first 30 minutes. The 10-year benchmark yield rose 3 basis points to 2.72%, while the 5-year and 20-year yields both rose 2 basis points to 1.95% and 3.615%, respectively. ⑶ Futures subsequently rebounded from their lows, with newly issued 40-year government bonds performing strongly, their yields briefly falling to 3.75%. The Bank of Japan conducted regular bond-buying operations across 3-5 year, 5-10 year, and 10-25 year maturities. The 3-5 year purchases were particularly strong, putting downward pressure on the 5-year yield. (4) As of Wednesday's close, the 5-year yield fell 2.5 basis points to 1.905%, while the 30-year yield rose 4.5 basis points to 3.96%, further flattening the 30-year and 40-year yield curve. The ruling party proposed issuing "transition bonds" to finance growth plans, but the market reaction was limited.

17:20:10

[Ukrainian Armed Forces Attack Oil Refinery in Southern Russia] The General Staff of the Ukrainian Armed Forces said on the 28th that Ukrainian forces attacked the Tuapse oil refinery in the Krasnodar Krai of Russia. In a statement, the General Staff said that Ukrainian forces launched the attack on the Tuapse refinery on the night of the 27th. The refinery experienced fire and heavy smoke; the extent of the damage is being assessed. The Tuapse refinery is one of the largest oil refining enterprises in southern Russia, with an annual refining capacity of approximately 12 million tons. (CCTV News)

17:19:03

[Venezuela's Inflation Soars to 600%, Confidence Continues to Collapse] ⑴ An AtlasIntel survey shows that 57% of Venezuelan respondents support the "dollarization" of the economy, with 31% expressing support and 26% strongly supporting it, while only 30% oppose or strongly oppose it. ⑵ According to data from the Venezuelan Central Bank, the country's annual consumer price index surged to approximately 600% in April, significantly higher than December's 475%, making it one of the fastest inflation rates in the world. ⑶ Facing a weak job market and low wages, hyperinflation has placed a heavy burden on the public. Approximately 79% of respondents considered the economic situation in May "bad," an increase of two percentage points from the previous month. ⑷ Despite joint measures taken by Venezuela and the United States to try to reopen the economy and attract foreign investment, public confidence and sentiment continue to deteriorate.

17:17:59

[Trump Threatens to "Destroy" Oman, Escalating Standoff in the Strait of Hormuz, Market Nerves Tense] ⑴ US President Trump publicly threatened Oman, stating, "Oman will behave like everyone else, or we will have to destroy them," and emphasized that once an agreement is reached with Iran, "the Strait of Hormuz will be open to everyone," because "it is international waters, and no one can control it." ⑵ Iran stated that it is negotiating new procedures for ship passage through the strait with Oman, and that "the conditions and procedures for passage will be completely different from those before the conflict." Iran recently established the Persian Gulf Straits Authority and released a map of its jurisdiction last week. The US announced its first round of sanctions against the agency on Wednesday. ⑶ Dialogue between Iran and the US has stalled, with Iran accusing the US military of violating the ceasefire by recently seizing ships. The latest US attacks on southern Iran and Iran's response to attacks on US military bases have put pressure on the fragile ceasefire, with Kuwait's air defense system responding to drone and missile launches. (4) As a key international trade passage, the Strait of Hormuz's passage mechanism and dramatic changes in the geopolitical situation are triggering widespread concerns about the stability of energy supply. Investors need to closely monitor subsequent actions and dialogue progress from all parties involved.

17:16:40

[Eurozone Industrial Sentiment Falls to -8.0, Services Sector Unexpectedly Recovers, Inflation Expectations Fall from High to 40.5] ⑴ Data released by the European Commission on Thursday showed that the Eurozone's economic sentiment index for May was 93.5, higher than April's 93.2. The industrial sentiment index further declined from -7.7 to -8.0, in line with market expectations; the services sector confidence index rebounded from 1.4 to 2.2, far exceeding market expectations of 0.2. ⑵ The consumer confidence index improved from -20.6 to -19.0, but the retail trade index deteriorated from -10.0 to -10.9, and the construction index fell from -2.8 to -3.6. Overall, the market showed a divergent pattern: the services sector supported the economy, industry continued to contract, and consumer confidence slowly recovered. ⑶ Regarding inflation expectations, the producer price expectation index fell from 30.2 to 27.4, and the consumer inflation expectation index dropped significantly from 48.8 to 40.5. Although inflation expectations have cooled somewhat, the absolute level remains high, and the ECB's anti-inflation task is not yet complete. Looking ahead, we will focus on the sustainability of the service sector recovery and when the industrial sector will bottom out.

17:14:50

Eurozone Business Sentiment Index for May

Previous : -0.28 Forecast : -

Published Value -0.26

17:13:35

[Canary Islands Manufacturing Costs Surge 7.8%, Energy Prices Soar 16.5%, Facing a Triple Squeeze on Households] ⑴ Data from the Canary Islands Statistics Bureau shows that the islands' industrial price index rose 7.8% year-on-year in April 2026, a significant increase of 9.2 percentage points from March. This indicator measures the ex-factory price of products and does not include transportation, distribution, and tax costs, but its impact on ordinary households will be directly apparent in the short term. ⑵ The main driver of this increase is energy, which surged by more than 19 percentage points to 16.5% annually. In an island nation highly dependent on energy, this will immediately affect the refrigeration, preservation, and processing costs of local small and medium-sized enterprises. Production costs in sensitive industries such as food, beverages, and tobacco rose by 7.8%, forcing businesses to pass on the extra costs to supermarket consumers. ⑶ This indicator is already the fifth highest in the Canary Islands, while Aragon is only 1.3% and Navarre only 1.5%. The islands face the dilemma of industrial inflation eroding real purchasing power; for every cent increase in production costs, the real value of household savings shrinks. The short-term relief plan is not to artificially limit prices, but to reduce the tax burden on local industries and residents, allowing the market to buffer the impact of global energy costs.

17:10:21

The seasonally adjusted producer inflation expectations index for the Eurozone in May

Previous : 31.10 Forecast : -

Published Value 27.40

17:10:15

The seasonally adjusted consumer inflation expectations index for the Eurozone in May

Previous : 49.10 Forecast : -

Published Value 40.50

17:09:22

Eurozone Industrial Sentiment Index for May

Previous : -7.70 Forecast : -8

Published Value -8

17:09:13

Eurozone's service sector sentiment index for May

Previous : 0.90 Forecast : 0.20

Published Value 2.20

17:09:01

The final reading of the Eurozone's consumer confidence index for May

Previous : -19 Forecast : -19

Published Value -19

17:07:49

[Italian Bond Issuance Costs Decline Across the Board, with Yields on Long-Term Bonds Might Plunge 32 Basis Points; Market Demand Remains Robust] ⑴ Italy issued three tranches of BTP bonds on Thursday. The first tranche, maturing in June 2031, raised €3.5 billion with a gross yield of 3.16%, down 16 basis points from the previous auction. The oversubscription rate was 1.52 times, with total bids reaching €5.32 billion. ⑵ The second tranche, maturing in July 2036, raised €2.5 billion with a gross yield of 3.77%, a significant decrease of 32 basis points from the previous auction. The oversubscription rate was 1.61 times, with total bids reaching €4.022 billion. The third tranche, maturing in September 2036, raised €1.25 billion with a gross yield of 3.75% and an oversubscription rate of 1.74 times. ⑶ All three tranches saw oversubscription rates above 1.5, indicating robust market demand. The significant drop in long-term yields reflects investors' expectations of a stabilizing Eurozone interest rate outlook and improved credit conditions in Italy. Pay attention to the further impact of the ECB's future monetary policy path on Southern European government bond spreads.

17:07:05

The seasonally adjusted consumer inflation expectations index for the Eurozone in May

Previous : 49.10 Forecast : -

Published Value 40.50

17:07:04

Italy's preliminary non-EU trade balance for April

Previous : 56.40 Forecast : -

Published Value 38.50

17:06:41

The seasonally adjusted producer inflation expectations index for the Eurozone in May

Previous : 31.10 Forecast : -

Published Value 27.40

17:06:25

[The spread between 5-year and 30-year US Treasury yields approaches 80 basis points, exacerbating yield curve flattening; 4.99% at the long end becomes a key support level] ⑴ The spread between 5-year and 30-year US Treasury yields briefly dipped to 80 basis points on May 22, the flattest level since June 2025, before rebounding slightly to 87 basis points. Previously, this spread reached 79 basis points in June 2025 and 74 basis points in May. ⑵ The 5-year yield surged to 4.35% last week, the highest since February 2025, before retreating to a low of 4.17%, currently trending around 4.09%. The 30-year yield rose to 5.20% before falling back, currently holding near the trend support level and the low of 4.99%, which is considered a key level. (3) The continued narrowing of yield spreads reflects the market's repricing of medium-term monetary policy tightening and long-term growth prospects. If the yield curve flattening trend continues, it may indicate a risk of economic slowdown. Attention should be paid to whether the 5-year yield can hold the 4.09% trend level and the effectiveness of the 30-year yield's 4.99% support level.

17:06:23

European Energy Exchange: EU spot carbon emission permits traded at €77.67 per tonne.

17:06:00

The final reading of the Eurozone's consumer confidence index for May

Previous : -19 Forecast : -19

Neutral

Published Value -19

17:05:51

Eurozone's service sector sentiment index for May

Previous : 0.90 Forecast : 0.20

欧元

美元

Published Value 2.20

17:05:47

[Chicago Fed Warns of Risks from Low Interest Rates; Japan's Negative Interest Rates Serve as a Negative Example; Middle East Inflationary Pressures Force Policy Shift] ⑴ Chicago Fed President Austan Goolsby warned that excessively low interest rates pose risks against the backdrop of rising inflation triggered by Middle East conflicts. He cited Japan as an example, pointing out that even now, Japan's real interest rates remain significantly negative, an anomaly both historically and globally. ⑵ Goolsby stated that various anomalies can occur when interest rates hover near the zero lower bound. He also noted that in an environment of rising inflation, central banks always face the possibility of lagging behind the curve in controlling inflation. ⑶ The recent rapid rise in Japanese government bond yields is mainly due to market concerns that rising energy costs will accelerate potential inflation. Goolsby's remarks suggest that inflationary pressures driven by Middle East geopolitical conflicts may force major central banks to re-examine the sustainability of low interest rate policies, posing a qualitative risk to global monetary policy expectations.

16

Real-Time Popular Commodities

Instrument	Current Price	Change
XAU	4539.78	44.19 (0.98%)
XAG	75.274	-0.343 (-0.45%)
CONC	87.76	-1.14 (-1.28%)
OILC	91.59	-0.81 (-0.88%)
USD	98.932	-0.077 (-0.08%)
EURUSD	1.1660	0.0001 (0.01%)
GBPUSD	1.3456	0.0001 (0.01%)
USDCNH	6.7632	0.0001 (0.00%)

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