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01:19:34

On Friday, May 29, the Federal Reserve's overnight reverse repurchase agreement (RRP) usage reached $11.677 billion, with 11 counterparties participating in the transaction. The usage of this tool was only $1.163 billion on the previous trading day, showing a significant increase in a short period of time.

01:19:30

Bank of England Governor Bailey said the second phase of the Glasswing project has not yet officially started.

01:19:29

Bank of England Governor Bailey stated that international cooperation is essential in addressing cybersecurity risks. Cyber risks are inherently cross-regional and borderless; measures taken by a single country or region are unlikely to cover all transmission paths. Only through international collaboration and concerted efforts can a comprehensive risk protection system be built more efficiently, jointly maintaining the stability of the global financial and other sectors.

01:18:14

Federal Reserve Bank of Canada President Tom Daly stated that productivity gains are a key driver of economic growth and also allow businesses to hire more workers.

01:18:12

Bank of England Governor Bailey stated that no UK banks are currently connected to the Mythos system, and UK banking institutions can choose other models to conduct related business.

01:13:44

Iranian Foreign Ministry spokesman Bagaei said that Iran and the United States have not yet reached any final agreement at this stage.

01:11:24

Iranian Foreign Ministry spokesman Bagaei stated in an interview with the country's state television that the current focus is on ending the war and that there will be no consultations on matters related to Iran's nuclear program.

01:07:57

Federal Reserve Bank of Canada President Tom Daly stated that he has not yet observed any instances of large-scale unemployment or job displacement caused by artificial intelligence.

01:06:48

Federal Reserve official Daly stated that the main obstacle to achieving sustainable productivity gains through artificial intelligence lies in regulation.

00:36:38

[Israel Defense Forces Claim to Have Killed 4 Hamas Members] On May 29, local time, the Israel Defense Forces (IDF) claimed that it had killed four members of the Islamic Resistance Group (Hamas) in an airstrike on the Gaza Strip on May 28. The IDF stated that these four Hamas members posed a direct threat to the IDF, and therefore targeted their deaths to eliminate the threat. (CCTV News)

00:36:11

A senior Iranian source stated that US President Trump's claims regarding Iran's highly enriched uranium stockpile are untrue. The potential memorandum of understanding between Tehran and Washington does not address any nuclear-related issues. A political consensus has been reached between Iran and the US, but it has not yet been finalized.

00:35:45

Russian President Vladimir Putin: Russia is willing to continue negotiations on the Ukraine issue.

00:34:42

According to a senior Iranian source, US President Trump's remarks regarding Iran's highly enriched uranium stockpile are inaccurate. The potential memorandum of understanding between Tehran and Washington will not address any nuclear-related issues. While Iran and the US have reached a political consensus on the matter, the details have not yet been finalized.

00:32:23

Russian President Vladimir Putin stated that Russia will independently assess and decide whether or not to meet with the EU envoy.

00:31:13

Russian President Vladimir Putin stated that the final decision on whether or not to engage in consultations with Russia rests with Europe.

00:30:03

According to market sources, relevant documents show that Meta's MCI tracking tool can capture overseas data sent to its employees in the United States.

00:27:46

According to information disclosed on the official website of the China Securities Regulatory Commission, MiniMax Group Inc. officially started its IPO preparation work on May 29, 2026, with CITIC Securities serving as the IPO advisor.

00:27:44

Russian President Vladimir Putin stated that Russia possesses all the necessary means to repel any force that dares to recklessly invade.

00:24:19

Russian President Vladimir Putin stated that Russia is willing to continue the consultation and dialogue process regarding issues related to Ukraine.

00:24:02

[US Money Market Funds Hit Record Size Amid Strong Demand for Cash-like Assets] Investors have pushed the total size of US money market funds to a record $8.281 trillion, driven by demand for cash-like assets fueled by uncertainty surrounding the Federal Reserve's monetary policy path. According to the latest data from Crane Data LLC, approximately $66 billion flowed into the money market fund industry in the week ending May 28. About $41 billion of that flowed in on Thursday, as investors adjusted their portfolios before the end of the month. Year-to-date, money market funds have attracted approximately $172 billion. According to Crane Data, as of May 28, the 7-day average yield of US money market funds was 3.34%.

00:23:10

Russian President Vladimir Putin stated that the current situation in Ukraine is a result of EU policies and that Russia poses no threat to Europe.

00:23:08

Russian President Vladimir Putin stated that any target location that poses a security threat to Russia is a legitimate target for Russian action.

00:20:47

JPMorgan Chase CEO Jamie Dimon said he expects the United States to provide more support to Ukraine rather than prioritizing support for Israel.

00:19:37

Russian President Vladimir Putin stated that, considering the current developments on the battlefield, there is ample reason to believe that the situation will soon come to a close.

00:18:24

Russian President Vladimir Putin stated that Western media reports on the attack in Starobelsk, Luhansk Oblast, are inconsistent with the facts and that these media outlets should be ashamed of this.

00:17:16

Russian President Vladimir Putin stated that the Russian armed forces are advancing their positions every day.

00:11:26

Citadel Securities reported a record $4.3 billion in trading revenue in the first quarter, benefiting from market volatility. According to sources, the company's first-quarter trading revenue increased by 28% year-over-year, and net profit rose nearly 10% to $1.9 billion. Some of its peers also achieved record performance, even surpassing traditional Wall Street investment banks. Jane Street's first-quarter trading revenue reached a record $16.1 billion, more than doubling year-over-year; preliminary estimates show that Hudson River Exchange's first-quarter trading revenue was $6.4 billion, exceeding half of its total revenue for 2025.

00:07:16

U.S. Secretary of State Marco Rubio met with Pakistan's Deputy Prime Minister and Foreign Minister, expressing his gratitude for Pakistan's continued positive role in advancing the Middle East peace process. Both sides agreed that working together to further deepen the valuable partnership between the two countries is crucial for achieving more robust security and more substantial prosperity.

00:01:13

Data released by the U.S. Energy Information Administration (EIA) shows that daily supply of U.S. jet fuel rose to 5.21 million barrels in March, the highest level since December 2025.

00:01:12

According to Iran's Fars News Agency, sources familiar with the matter refuted Trump's latest statement that a possible agreement with Iran might be reached, pointing out that Trump's remarks were a mix of truth and falsehood, intended to deliberately create a false impression of victory.

00:01:05

Russian President Vladimir Putin stated that the current situation is exactly the same as the previous one.

00:01:00

According to sources cited by Iran's Fars News Agency, the agreement is currently in the final stage of the approval process in Iran, and a final decision has not yet been made.

00:00:59

Data released by the U.S. Energy Information Administration (EIA) shows that U.S. natural gas condensate production averaged 7.864 million barrels per day in March 2025, up 210,000 barrels per day month-on-month, compared to 7.654 million barrels per day in February. Natural gas condensate, as an important byproduct of oil and gas production, is widely used in chemical feedstocks, fuel processing, and other fields; fluctuations in its production can significantly impact the supply and demand dynamics of related industries.

00:00:27

Benefiting from the surge in demand for AI servers and the strong rise in Dell's stock price, Michael Dell's personal net worth has soared to $243 billion, officially surpassing Mark Zuckerberg's $215.1 billion and rising to sixth place on the list of the world's richest people.

23:59:36

[Iranian Sources Accuse Trump of Distorting and Avoiding Agreement Content] According to Iranian media Fars News, informed sources refuted Trump's latest claims about a possible agreement with Iran, stating that his remarks were "half true, half false" and aimed at fabricating a false victory. Almost everyone now sees that Trump's claims are completely unfounded. According to reports, the agreement text, drafted in the form of "reciprocal commitments," is currently in the final stages of Iran's domestic ratification process and no final decision has been made. In stark contrast, Trump has raised issues that contradict the terms of the agreement text. At the same time, he claims he will immediately lift the blockade. Trump's distortion of the core content of the agreement includes: 1. Trump claims that Iran is obligated to open the Strait of Hormuz without receiving any fees; however, such a clause does not exist in the agreement text. 2. Trump claims that Iran will dismantle or destroy its nuclear materials. Informed sources emphasize that not only is there no such content in the memorandum of understanding, but Trump's claim is also utter nonsense. Key terms of the agreement that Trump deliberately avoided mentioning: 1. A crucial point that Trump didn't mention at all: the precondition for immediately unfreezing and paying Iran $12 billion in frozen assets. 2. A ceasefire in Lebanon. 3. Iranian officials also emphasized that the final agreement will be based on the principles and "red lines" of the Islamic Republic of Iran.

23:55:37

The U.S. Energy Information Administration (EIA) reported that U.S. gasoline demand rose 1% year-on-year in March, increasing by 88,000 barrels per day to 8.853 million barrels per day; this figure had declined 1.1% year-on-year in February. Total U.S. petroleum demand rose 2.2% year-on-year in March, increasing by 433,000 barrels per day to 20.383 million barrels per day; the year-on-year increase in February was 4.5%. U.S. distillate fuel oil demand rose slightly by 0.3% year-on-year in March, increasing by 10,000 barrels per day to 3.904 million barrels per day; this figure rose 5.4% year-on-year in February.

23:51:08

[Trump Says Naval Blockade Against Iran "Imminently Lifted"] US President Donald Trump said on the 29th that the naval blockade against Iran "is imminently lifted," and ships stranded in the Strait of Hormuz can begin their "return journey." (Xinhua)

23:49:46

According to Iran's Fars News Agency, sources have refuted Trump's latest remarks about a possible deal with Iran, saying that his statements are a mix of truth and falsehood and are a deliberate attempt to create a false image of victory.

23:49:11

According to DropSiteNews reporter Jeremy: Late last night, an Iranian official told me that they had anticipated Trump would release this statement on a truth-based social media platform. The Iranian side also warned that Trump might distort the privately agreed terms to create the impression of a major victory.

23:48:46

Spot gold has just broken through the $4,560.00/ounce mark, and is currently trading at $4,559.71/ounce, up 1.41% on the day; COMEX gold futures are currently trading at $4,593.70/ounce, up 1.35% on the day.

23:41:54

Spot gold has just broken through the $4,570.00/ounce mark, and is currently trading at $4,569.68/ounce, up 1.63% on the day; COMEX gold futures are currently trading at $4,601.60/ounce, up 1.53% on the day.

23:38:35

Spot platinum has just broken through the $1920.00/oz mark, last trading at $1919.39/oz, down 0.10% on the day; Nymex platinum futures main contract was last trading at $1924.9/oz, down 0.12% on the day.

23:34:27

The Energy Information Administration (EIA) reported that North Dakota's crude oil production fell to 1.21 million barrels per day in the month, the lowest level since December 2025.

23:34:04

The German DAX 30 index closed up 0.39% at 25,190.96 points, up about 1.2% for the week and about 3.7% for May. The French stock index closed up 0.58%, the Italian stock index closed up 0.56%, and the UK stock index closed up 0.28%.

23:33:44

The U.S. Energy Information Administration (EIA) reported that total U.S. refined product exports rose to 3.409 million barrels per day in March, compared to 2.986 million barrels per day in February. U.S. crude oil exports fell to 4.043 million barrels per day in March, compared to 4.345 million barrels per day in February.

23:33:41

Data from the U.S. Energy Information Administration (EIA) shows that U.S. distillate fuel exports rose to 1.341 million barrels per day in March, compared to 1.141 million barrels per day in February.

23:33:38

The U.S. Energy Information Administration (EIA) reported that U.S. gasoline supplies rose to 8.85 million barrels per day in March, the highest level since October 2025.

23:32:58

Data from the U.S. Energy Information Administration (EIA) shows that U.S. crude oil and petroleum product supply fell to 20.38 million barrels per day in March, the lowest level since November 2025.

23:32:00

[US Military Operations Against Iran Cost Over $95.5 Billion] More than 90 days have passed since the US and Israel launched military operations against Iran on February 28th. Although the conflict has been temporarily suspended, the continued military deployments are still costing the US military dearly. According to real-time data published by the independent research website "Iran War Cost Tracker," the US has spent over $95.5 billion on its military operations against Iran to date. This statistic is based on a report submitted by the US Department of Defense to Congress, which shows that US military spending in the first six days of the conflict was $11.3 billion, with daily spending thereafter estimated at approximately $1 billion. The website tallies the costs of personnel, warships, logistical support, and other ancillary expenses for the US military deployment. (CCTV International News)

23:31:40

[EU to Unfreeze €16.4 Billion in EU Funds for Hungary] European Commission President Ursula von der Leyen announced on the 29th that the EU will unfreeze €16.4 billion in EU funds belonging to Hungary. Speaking at a joint press conference following talks with Hungarian Prime Minister Péter Majol, von der Leyen said the €16.4 billion includes €10 billion from the "Next Generation EU" program, €4.2 billion related to the conditions of the cohesion fund, and €2.2 billion released due to progress made by Hungary in university autonomy. Von der Leyen said the new Hungarian government and the European Commission have reached an agreement on addressing corruption and the rule of law. Hungary has decided to join the European Prosecutor's Office to ensure the security of EU funds and has agreed to strengthen the powers of anti-corruption agencies and revise public procurement laws. Majol stated that this funding, equivalent to approximately 13% of the Hungarian government's annual budget, will be used to support SMEs, transportation, healthcare, education, energy infrastructure, and digital technology development. (Xinhua)

23:29:35

[China Draws on Stockpiles to Delay Oil Supply Shortage] China's supply and demand balance indicates that the Chinese government is depleting its oil reserves, thus postponing a broader oil market supply shortage into the third quarter. Hamad Hussain of Capital Economics stated, "Estimated Chinese crude oil imports and refinery throughput so far this month suggest that Chinese refiners are relying more heavily on stockpiling in May compared to April." Despite weak crude oil imports and declining refinery throughput, China's underlying oil demand remains relatively resilient, indicating that commercial inventories are being used to bridge the gap between supply and consumption. The economist added, "If China's crude oil demand situation in May is repeated in June, the 'tipping point' for the global oil market could be pushed back from June to July."

23:27:34

Spot gold has just broken through the $4,580.00/ounce mark, and is currently trading at $4,578.63/ounce, up 1.83% on the day; COMEX gold futures are currently trading at $4,612.90/ounce, up 1.78% on the day.

23:22:48

[Trump: Iran Must Commit to Never Develop or Possess Nuclear Weapons and Bombs] Trump: Iran must commit to never developing or possessing nuclear weapons and bombs. The Strait of Hormuz must be fully opened immediately, with unimpeded two-way shipping and no tolls. Any mines (explosive devices) remaining in the strait must be cleared. We have already used advanced minesweepers to destroy a large number of mines through detonation; the number of remaining mines is small, and Iran must immediately complete the clearing or detonation of all remaining mines. Ships previously stranded in the strait due to our unprecedented maritime blockade are now officially lifted and can return home! Eleven months ago, our B-2 stealth bombers launched a powerful attack, causing a near collapse of a mountain, burying highly enriched nuclear material (also known as "nuclear dust") deep underground. The US will work with the Islamic Republic of Iran and the International Atomic Energy Agency to excavate and completely destroy this buried nuclear material. No financial transactions will take place between the parties until further notice. All other minor issues have been agreed upon. I will proceed immediately to the situation room to make the final decision. Thank you for your attention to this matter!

23:17:48

[Israeli Military Claims to Have Killed Hamas Gaza Brigade Deputy Commander] The Israel Defense Forces (IDF) and the Israel Security Directorate (Shin Bet) issued a joint statement on the 29th, saying that Imad Hassan Hussein Aslim, deputy commander of the Gaza Brigade, the military wing of the Palestinian Islamic Resistance Movement (Hamas), was killed in an operation on the northern Gaza Strip on the 27th. The statement said Aslim had previously commanded a raid on Israel on October 7, 2023. (Xinhua)

23:17:00

Spot platinum has just broken through the $1930.00/ounce mark, and is currently trading at $1926.05/ounce, up 0.25% on the day; Nymex platinum futures are currently trading at $1936.4/ounce, up 0.47% on the day.

23:13:49

Brent crude oil futures, the most active contract, just broke through the $90.00 per barrel mark and was last quoted at $89.96 per barrel, down 2.64% on the day.

23:13:29

The New Zealand dollar rose 1.00% against the US dollar to 0.5993 on the day.

23:12:39

The Australian dollar just touched the 0.7200 level against the US dollar, and is currently trading at 0.7200, up 0.53% on the day.

23:11:34

US President Trump said on the 29th that the enriched uranium material from Iran will be extracted and destroyed from the bombed Iranian nuclear facilities through close coordination between the US, Iran, and the International Atomic Energy Agency. No monetary exchange is involved until further notice. (Xinhua)

23:11:28

Spot platinum has just broken through the $1940.00/ounce mark, last trading at $1940.83/ounce, up 1.02% on the day; Nymex platinum futures main contract was last trading at $1945.2/ounce, up 0.93% on the day.

23:11:08

Spot gold has just broken through the $4,590.00/ounce mark, and is currently trading at $4,590.31/ounce, up 2.09% on the day; COMEX gold futures are currently trading at $4,621.90/ounce, up 1.97% on the day.

23:08:21

United States: The State Bank of Vietnam has pledged to disclose its foreign exchange reserves data.

23:08:17

Spot platinum has just broken through the $1930.00/oz mark, last trading at $1931.06/oz, up 0.51% on the day; Nymex platinum futures main contract was last trading at $1937.3/oz, up 0.52% on the day.

23:08:08

The Financial Times, citing regulatory sources, reported that Kazakhstan has proposed receiving Iran's uranium reserves.

23:08:07

Spot gold rose 2.03% on the day, reaching $4,587.87 per ounce; COMEX gold futures were last quoted at $4,616.70 per ounce, up 1.86% on the day.

23:07:37

Nymex crude oil futures for the most active contract have just broken through the $87.00/barrel mark, currently trading at $86.93/barrel, down 2.22% on the day.

23:06:13

[Japanese Foreign Exchange Intervention May Impact US Treasury Bonds] Chris Turner of ING stated in a report that the Bank of Japan may take further intervention measures to curb any further decline in the yen against the dollar, which would impact US Treasury bonds. He indicated that the Japanese government's sale of US Treasury bonds appears to be to fund foreign exchange intervention. "Japan's holdings of US Treasury bonds decreased by approximately $100 billion in 2024—roughly matching the amount of foreign exchange intervention that year," he said. He suggested that Japan might intervene if the dollar breaks through the 160 yen level again. He noted that Japan holds over $1 trillion in foreign exchange reserves, although the country is unwilling to lose 20-30% of those reserves to defend the yen. Japan's Ministry of Finance stated on Friday that Japan spent approximately $73.69 billion on foreign exchange intervention between April 28 and May 27.

23:05:05

Spot gold has just broken through the $4,580.00/oz mark, currently trading at $4,580.32/oz, up 1.86% on the day; COMEX gold futures are currently trading at $4,609.40/oz, up 1.70% on the day; Spot silver has just broken through the $76.00/oz mark, currently trading at $76.08/oz, up 0.57% on the day; COMEX silver futures are currently trading at $76.44/oz, up 0.69% on the day.

23:04:34

[Trump Sets Conditions for Ending the War with Iran] US President Trump said on the 29th that Iran must agree never to possess nuclear weapons. The Strait of Hormuz must be opened immediately, allowing unimpeded two-way passage without any tolls. All mines must be cleared. (Xinhua)

23:03:09

Market news: The U.S. Securities and Exchange Commission has proposed to repeal climate-related information disclosure rules.

23:02:46

US President Donald Trump posted on social media on the 29th that he would soon hold a meeting in the White House Situation Room to make a final decision on the war with Iran. (Xinhua)

23:01:36

[Night Trading Futures Closing] Soybean futures fell 2.01% for the second consecutive day, pulp futures fell 1.17% for the second consecutive day, low-sulfur fuel oil futures fell 1.14% for the second consecutive day, styrene futures fell 1.12% for the second consecutive day, and coking coal futures rose 0.89% for the second consecutive day.

22:58:55

[S&P: Softening German Inflation Casts Uncertainty Over Future ECB Rate Hikes] Timo Klein of S&P Global Markets Intelligence stated in a report that after weaker-than-expected May data, German inflation is now more likely to peak at around 3.5% by the end of 2026, rather than 4.0%. Overall inflation fell to 2.6% in May from 2.9% in April. "While fuel tax rebates were a key factor, food, hotel, and restaurant prices also unexpectedly declined," he said. Klein stated that while the ECB is expected to tighten monetary policy at its next meeting in June, the expectation of a subsequent 25 basis point rate hike in July is less certain. He added that further moves will depend on the Middle East war and the upcoming Eurozone inflation data for May and June.

22:58:17

U.S. Treasury bonds continued to rise after Trump commented on the Iran negotiations.

22:57:36

[ING: Japanese Foreign Exchange Intervention May Impact US Treasuries] Chris Turner of ING Group stated in a report that the Bank of Japan may take further intervention measures to curb any further decline in the yen against the dollar, which would impact US Treasuries. He indicated that the Japanese government's sale of US Treasuries appears to be to fund foreign exchange intervention. "Japan's holdings of US Treasuries decreased by approximately $100 billion in 2024—roughly matching the amount of foreign exchange intervention that year," he said. He suggested that Japan might intervene if the dollar breaks through the 160 yen level again. He noted that Japan holds over $1 trillion in foreign exchange reserves, although the country is unwilling to lose 20-30% of those reserves to defend the yen. Japan's Ministry of Finance stated on Friday that Japan spent approximately $73.69 billion on foreign exchange intervention between April 28 and May 27.

22:57:01

Spot gold has just broken through the $4,570.00/ounce mark, and is currently trading at $4,570.49/ounce, up 1.65% on the day; COMEX gold futures are currently trading at $4,601.20/ounce, up 1.52% on the day.

22:56:22

The Dow Jones Industrial Average has just broken through the 51,000.00 mark, currently trading at 51,001.36, up 0.66% on the day.

22:53:03

Brent crude oil futures, the most active contract, just broke through the $91.00/barrel mark, last trading at $90.94/barrel, down 1.57% on the day; US unleaded gasoline futures, the most active contract, just broke through the $3.0600/gallon mark, last trading at $3.0593/gallon, down 1.34% on the day.

22:53:02

Spot gold has just broken through the $4,560.00/ounce mark, and is currently trading at $4,560.23/ounce, up 1.42% on the day; COMEX gold futures are currently trading at $4,591.00/ounce, up 1.29% on the day.

22:52:31

The FTSE China A50 Index futures have just broken through the 15800.00 mark, currently trading at 15801.00, up 0.24% on the day.

22:52:21

Spot gold has just broken through the $4,550.00/ounce mark, and is currently trading at $4,550.16/ounce, up 1.19% on the day; COMEX gold futures are currently trading at $4,580.90/ounce, up 1.07% on the day.

22:48:00

[Iranian Parliament Speaker: Iran Will Win Concessions Through Missiles, Not Dialogue] Iranian Parliament Speaker Mohammad al-Ghalibaf stated on social media on the 29th that Iran will win concessions through missiles, not dialogue. Ghalibaf said, "We will not win concessions through dialogue, but through missiles; we do not believe in guarantees or words, actions are the measure." (Xinhua)

22:46:55

[Bank of America: Global Equity Funds See First Outflows in Nine Weeks] Bank of America reports that global equities have seen their first outflows in nine weeks, with cash and bond assets attracting inflows. Citing data from EPFR Global, Bank of America notes that in the week ending May 27, money market funds attracted $21.9 billion, and bonds attracted $23.6 billion. Meanwhile, the equity market saw an outflow of $7 billion, cryptocurrencies $1.2 billion, and gold $1 billion. Notable outflows include: Japanese equities experiencing their largest outflow since May 2025, amounting to $8.2 billion. A team of Bank of America strategists led by Michael Hartnett points out that while the S&P 500 hit a record high, only 21 of its components (representing 4% of the benchmark index) reached new highs. In contrast, before the bursting of the dot-com bubble in March 2000, only 20 components reached new highs. The team stated that, referencing investment roadmaps following previous bubble bursts since 1929, going long on bonds is often an option, as 10-year Treasury yields typically fall by about 50 basis points within six months of a major market top. Additionally, going long on defensive assets and/or stock sectors/styles that have significantly underperformed in the final months of a bubble is also a viable strategy.

22:45:40

[First Missile Warning Issued in Russia's Ural Federal District] On May 29, local time, the Russian Presidential Envoy to the Ural Federal District, Zoga, announced the first-ever activation of a "missile danger" mode across the entire Ural Federal District. Relevant emergency response departments have been placed on high alert. (CCTV News)

22:45:11

[A Quarter of Large Oil Tankers Affected by the Iranian Conflict Have Successfully Sailed Out of the Strait] Of the large non-Iranian oil tankers stranded in the Persian Gulf at the outset of the Iranian conflict, approximately one-quarter have gradually escaped and successfully left the area through slow and covert means. According to shipping data compiled by media outlets, after the conflict erupted on February 28th and the Strait of Hormuz was effectively closed, a total of 109 large vessels (those with a carrying capacity of 700,000 barrels or more) were stranded; of these, 29 have now successfully traversed this strategic chokepoint. Although these outflowing cargoes represent only a tiny fraction of the total crude oil and refined petroleum products still stranded in the Gulf, they were quickly snapped up by the market as global market inventory buffers dwindled at a record rate. Furthermore, given that many vessels turned off their location broadcasting equipment to mitigate risk, the actual number of vessels that successfully evacuated is likely higher than the aforementioned figures.

22:42:37

The Nasdaq Composite Index has just broken through the 26,900.00 mark and is currently trading at 26,898.32, down 0.07% on the day.

22:42:17

One chart: With both supply and demand for shipping capacity benefiting, the Baltic Dry Index has risen for two consecutive months, and the shipping market continues to see increased activity. Details>

22:36:27

Brent crude oil futures, the most active contract, just broke through the $92.00/barrel mark and was last quoted at $92.04/barrel, down 0.39% on the day.

22:30:33

Spot platinum has just broken through the $1910.00/oz mark, and is currently trading at $1909.40/oz, down 0.62% on the day; Nymex platinum futures are currently trading at $1914.0/oz, down 0.69% on the day.

22:26:14

Spot gold has just broken through the $4,530.00/ounce mark, and is currently trading at $4,529.20/ounce, up 0.73% on the day; COMEX gold futures are currently trading at $4,561.50/ounce, up 0.64% on the day.

22:24:02

[Iran's Supreme Leader's Military Advisor: Iran Will Force the US to End Naval Blockade] On May 29, local time, Mohsen Rezaei, military advisor to Iran's Supreme Leader, stated in an interview that Iran will force the US to end its naval blockade; this can be achieved through negotiations, or through direct action if the US resists. He also stated that despite the pressure, the future of Iran's economy is bright and full of hope. (CCTV News)

22:22:15

[Report: Oil Prices Continue to Decline on Hopes for a US-Iran Deal] Crude oil futures extended their losses as markets anticipated a deal to open the Strait of Hormuz might be reached soon. "Expectations of more oil shipments passing through the strait this weekend are continuing to pressure prices as a peace agreement is brewing," said Dennis Kissler, an analyst at BOK Financial, in a report. "While global crude supply remains tight, concerns about a prolonged supply shortage are continuing to dissipate from the price curve," he added. West Texas Intermediate (WTI) crude fell 1.7% to $87.40 a barrel and Brent crude fell 1.7% to $92.12 a barrel before the July contract expired today.

22:20:53

Spot platinum has just broken through the $1920.00/oz mark, and is currently trading at $1919.97/oz, down 0.07% on the day; Nymex platinum futures are currently trading at $1925.5/oz, down 0.09% on the day.

22:19:15

[Iranian Foreign Minister and Omani Foreign Minister Discuss Future Governance of the Strait of Hormuz] On May 29 local time, Iranian Foreign Minister Araqchi stated on social media that he spoke with Omani Foreign Minister Badr, and the two discussed the Strait of Hormuz and its future governance. (CCTV News)

22:19:13

Spot gold has just broken through the $4,540.00/ounce mark, and is currently trading at $4,539.81/ounce, up 0.96% on the day; COMEX gold futures are currently trading at $4,571.30/ounce, up 0.86% on the day.

22:15:18

The Baltic Dry Index (BDI) edged lower on Friday, but still recorded its second consecutive monthly gain, boosted by strong demand across all vessels. The BDI fell 2 points, or 0.1%, to 3224 points, but hovered near its highest level since December 2023. The Capesize Index (BCI) fell 14 points, or 0.3%, to 5503 points, having risen approximately 27% this month. Average daily earnings for Capesize vessels decreased by $127 to $46,411. The Panamax Index (BPI) rose 12 points, or 0.5%, to 2343 points, marking its second consecutive monthly increase. Average daily earnings for Panamax vessels rose by $108 to $21,086. The Supramax Bulk Freight Index (BSI) remained unchanged at 1569 points, marking its second consecutive monthly increase. The Handysize Freight Index (BHSI) rose 4 points to 851 points.

22:12:14

Studies show that Russia's diesel production in May fell by about 10% compared to April, affected by the Ukrainian drone attack.

22:11:32

[JPMorgan: Dell May Raise Forecasts Again if Supply Constraints Ease] JPMorgan analysts stated in a report that Dell expects second-half sales to be $10 billion lower than the first half due to limited supply visibility, rather than demand issues. They believe supply visibility is likely to improve, which Dell has proven possible by its strong track record of leveraging its scale to outpace competitors in deliveries. JPMorgan analysts stated that demand currently appears uncontested. They noted the company has strong underlying business and order backlogs across various sectors, suggesting that pre-emptive demand will not be a major issue this year. The stock rose 32% to $419.27.