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15:27
ING: France's industrial momentum is fading
She stated that in recent months, the industrial sector of the French economy has performed well, while weak consumer sentiment has dragged down the services sector and domestic demand. However, this engine is losing momentum, with manufacturing output down 1.0% month-on-month in May. The continued weakness in the automotive industry is particularly concerning, with a 4.7% month-on-month decrease, providing further evidence of the challenges facing the European automotive sector. de Montpellier indicated that business survey data from June suggest that industrial output growth will slow in the coming months, although it will remain positive. However, as tensions in the Middle East ease, recent driving factors such as Asian disruptions may fade.
15:19
"Federal Reserve mouthpiece": With Trump’s stance set, the Federal Reserve ushers in a new era of "forward guidance"
Odaily reports that "Federal Reserve mouthpiece" Nick Timiraos posted on X stating: Trump said he considers Federal Reserve Chair Wash to be a dovish member within the Federal Open Market Committee (FOMC). The day before, US White House National Economic Council Director Hassett also made similar remarks; a week earlier, US Treasury Secretary Besant said he hopes the Federal Reserve can maintain an "open attitude" toward inflation and expects the Fed to ease policy this year. A new era of "forward guidance" is emerging…
15:08
Machi Big Brother earns 5x profit in two days by longing ETH
Foresight News reports that, according to Arkham monitoring, "Maji Big Brother" earned 5 times profit by going long on ETH within two days. The funds in his trading account increased from 40 thousand dollars less than 48 hours ago to 500 thousand dollars. "Maji Big Brother" sold a total of 3 Bored Ape NFTs to go long on ETH.
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