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Glonghui, June 18 | Nucor Steel announced that, driven by higher average selling prices in the steel mill segment and strong sales volumes, it expects adjusted earnings per share for the second quarter to be between $4.5 and $4.6. Previously, analysts’ average forecast was $4.27.

According to PolyBeats monitoring, on the prediction market Polymarket, a savvy investor has put in $56,000 on "no" for the question "Will the Federal Reserve raise interest rates in 2026?", with an average buying probability of 82.3%, while the current "yes" probability is 51.5%.Address 0x014c4e7a has invested $56,000 and is most active in the Economic Policy category on this market, with a net profit of $6,200. Out of 28 settled trades in this category, the win rate is 15/28 (54%), with no trades meeting the criteria of buying below $0.8 and selling above $0.95.On June 17, the Fed voted 12-0 to maintain the federal funds rate target range at 3.50% to 3.75%, without signaling a direct path for rate hikes. The latest Summary of Economic Projections (SEP) indicates a median federal funds rate of 3.8% by the end of 2026, aligning closely with the current 3.50%-3.75% target range rather than clearly indicating a higher policy range.Reuters reported today that out of 19 Fed officials, 9 now expect rate hikes in 2026, with 6 of them anticipating multiple hikes; three months ago in the March dot plot, no officials foresaw rate hikes in 2026.However, current Fed Chair Warsh declined to specify the next move for rates during a press conference, stating that the officials used a pencil with a "big eraser" when submitting the dot plot, implying that these points are not commitments. Warsh did not provide his own rate path this time because he dislikes forward guidance.Note: Based on their trading history, the trader is not necessarily betting on the actual outcome of events, and they may engage in profit-taking or stop-loss behavior after opening a position at a certain time.

(1) The Institute for Macroeconomic Policy (IMK) in Germany stated that Germany's economic growth for this year and next year will be lower than previously expected due to the impact of energy price shocks caused by the Iran war, which have suppressed consumption and investment. (2) IMK forecasts GDP growth of 0.6% in 2026 and 0.9% in 2027, down 0.3 and 0.7 percentage points respectively compared to the March prediction. The projection assumes that the conflict does not further escalate and that transportation through the Strait of Hormuz will return to normal later this year. (3) The IMK director noted that although the economic loss is significant, as long as the conflict does not persist for several months, it remains within a controllable range. Inflation is expected to average 2.8% in 2026 (falling to 2.3% in 2027), with rising energy prices dampening consumption, but increased public investment should support growth next year. The institute urged the European Central Bank to avoid sharp interest rate hikes, arguing that if the energy shock is only temporary, a recession induced by monetary policy would not help solve the problem.