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Glonghui, June 18 – According to informed sources, activist investor TOMS Capital Investment Management has acquired a large number of shares in Devon Energy and is urging the U.S. shale oil and gas operator to sell assets or consider a full company sale. In May, Devon Energy completed a $58 billion merger with Coterra Energy and is currently working on the post-merger company’s strategy. Its operations cover six shale basins, with a dominant presence in the Permian Basin in Texas and New Mexico.

```htmlGolden Ten Data reported on June 18 that, a few hours before the Bank of England releases its rate decision, data from the UK's Office for National Statistics indicates the UK labor market is performing better than expected. The data shows that employment increased by 2,000 people in May, significantly better than economists' forecast of a decrease of 23,000. Meanwhile, the decline in employment in April was revised from 100,000 down to 53,000. In the three months ending April, the unemployment rate fell slightly to 4.9%, while job vacancies dropped to their lowest level since early 2021. This data suggests that, although the UK labor market remains weak, its deterioration may not be as severe as economists feared. The day before this data release, UK inflation figures came in weaker than expected. Additionally, following announcements from the US and Iran that they had agreed to a ceasefire aimed at reopening the Strait of Hormuz, global energy prices have recently fallen sharply. This series of positive news has cooled market expectations for the Bank of England raising interest rates to curb inflation. The Bank of England will announce its rate decision later today, and the market widely expects it will keep rates unchanged at 3.75%.```

ChainCatcher news, according to Golden Ten Data, multiple institutions have significant disagreements about the future direction of Federal Reserve policy. One exchange believes that if inflation does not cool down, the Federal Reserve may raise interest rates in September or the fall, while another exchange expects rates to remain unchanged in September, with the probability of a rate hike by the end of the year close to 50%. Regarding rate cuts, one exchange thinks that cuts may be delayed until 2027, while another exchange expects rate cuts in 2026. Other institutions, such as certain exchanges, tend to favor keeping the current policy unchanged.