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⑴ Data released by the Confederation of British Industry on Tuesday showed that the manufacturing orders balance index fell further from -41 in May to -45 in June, reaching its lowest level since September 2020 during the COVID-19 pandemic, indicating that the trade environment faced by the manufacturing sector is rapidly deteriorating. ⑵ The output expectations balance index for the next three months dropped sharply from the previous -13 to -31, the lowest since December 2024, signaling a significant rise in pessimism among manufacturers about short-term production prospects. ⑶ The output price expectations balance index fell from +38 in May to +22, indicating that while cost pressures faced by manufacturers have eased somewhat, the absolute level remains high. This trend is consistent with the evolution of price pressures in the services sector found in previous S&P Global surveys. ⑷ Senior economists at the Confederation of British Industry pointed out that manufacturing orders are at their weakest level since 2020 and output continues to decline. The reopening of the Strait of Hormuz brings favorable conditions for British manufacturers, but normalization of energy prices and supply chains will still take time even under the best circumstances, and the potential for further turbulence remains clearly visible.

Odaily reports that TRON infrastructure service provider CatFee.IO has recently announced the completion of a new round of infrastructure expansion and upgrades to meet the continuously growing demand for enterprise-level services. According to information, this upgrade covers data centers in Singapore and Los Angeles, adds backup servers and load balancing architecture, and simultaneously completes network bandwidth expansion and global routing optimization. After the upgrade, overall bandwidth capacity increases to five times its original scale, and the DNS intelligent routing mechanism further improves global access quality and service stability. CatFee.IO stated that as of now, the number of clients for its TRON Node service has surpassed 500, with an average daily API call volume exceeding 720 million times. Its service scope covers wallets, energy leasing platforms, payment systems, Web3 projects, and individual developers across multiple scenarios.

BlockBeats News, June 23rd - Du Jun, co-founder of ABCDE, expressed that after years of twists and turns, the cryptocurrency field has returned to the payment narrative outlined in the Bitcoin whitepaper. He will continue to invest in the cryptocurrency field and still believes that blockchain will eventually reconstruct the financial infrastructure.