Wallstreetcn Morning Brief FM-Radio | June 10, 2026

Wallstreetcn Morning Brief FM-Radio | June 10, 2026

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Market Overview

U.S. stocks fell back into tech-led volatility on Tuesday, failing to extend Monday’s rebound. AI-related winning stocks were sold off, funds shifted to consumer, value, and defensive sectors. The Dow rose 0.2%, the S&P 500 closed down 0.3%, at one point dropping 2.2% intraday, breaking below last Friday’s low, later narrowing losses sharply.

Philadelphia Semiconductor Index rose then fell, dropping 8.6% intraday, narrowing losses to close down 2%. Marvell fell 7.6%. Broadcom fell 1.1%. Apple dropped 3.6%, leading the seven tech giants. Funds rotated to consumer and defensive sectors, Home Depot rose 3.73%, Nike rose 3.25%.

U.S. 10-year Treasury yields fell 4 basis points, 2-year down 4.78 basis points.

The dollar was mostly flat, with a narrow trading range. The yen weakened to 160.41 per dollar. Bitcoin gave back Monday’s gains, dropping over 4% intraday, once touching $60,000. Ethereum fell 1.6%.

Gold plunged 2%, accelerating its drop away from the 200-day moving average. Silver slumped as much as 5.5%. New York copper had a V-shaped move, rising more than 2% intraday then diving, ending little changed from the previous night. WTI crude futures fell 3.40%, Brent crude closed down nearly 3%, at one point falling even more.

Asia session: Shanghai Composite regained 4,000, Growth Enterprise Market up nearly 4%. Chips and semiconductors surged, coke and coking coal slumped, with coking coal limit-down at one point.

Key News

China

Strong AI demand, China’s May exports beat expectations across the board, up 19.4%; May crude oil imports down 29% year-on-year, soybean imports down 15%, aluminum exports surged 16%.

The U.S. added Alibaba, BYD, etc. to the “military-related” list; Chinese Foreign Ministry urged the U.S. to stop unjustified suppression of Chinese firms.

Humanoid robot prices plummet, cheaper than iPhone.

Cross-border stock recommendations! "White-haired stock god" stirred up A-share markets for three days straight.

Overseas

U.S.-Iran deal has both hope and risk: White House says nuclear talks made positive progress, Trump says must respond to Iran shooting down U.S. helicopter, U.S. military launched retaliatory strikes. Trump: will achieve "complete victory" over Iran in two weeks, oil prices will fall sharply!

Dollar’s purchasing power “stolen by half”? AI models disrupt official U.S. inflation statistics.

Showing off before IPO: Anthropic launches strongest public model Fable 5, unlocks Mythos-level abilities with a safety leash.

OpenAI officially announces IPO; Altman lays out “three big goals”: automated AI research, accelerated economic growth, AGI.

Historic IPO explosion! Report: SpaceX subscription scale soars to $250 billion, nearly four times oversubscribed. Night before SpaceX IPO faces obstacles: India stops Starlink approval over security concerns.

Broadcom teams up with Apollo, Blackstone to set up AI financing platform, first $35 billion deal lands, Anthropic as first big client.

AI data giant Databricks seeks new round of financing, valuation aiming at $175 billion, IPO may be postponed to next year.

Market Close

U.S. & European stocks: S&P 500 closed down 0.26% at 7,386.65. Dow rose 0.17% to 50,872.11. Nasdaq fell 0.97% to 25,678.822. Europe STOXX 600 closed down 0.50% at 618.64.

A-shares: Shanghai Composite closed at 4,010.03, up 1.28%. Shenzhen Component closed at 15,268.71, up 3.02%. Growth Enterprise closed at 3,961.75, up 3.93%.

Bonds: U.S. 10-year Treasury yield fell 3.58 basis points to 4.5264%. 2-year Treasury yield fell 3.74 basis points to 4.1244%.

Commodities: Spot gold fell 1.59% to $4,261.25/oz. Spot silver down 4.15% to $65.3628/oz. WTI July crude futures closed down 3.40% to $88.20/barrel. Brent August crude down 2.97% to $91.45/barrel.

 

Key News Details

Global Highlights

China

Strong AI demand, China’s May exports beat expectations, up 19.4%; May crude oil imports fell 29% YOY, soybean imports down 15%, aluminum exports surged 16%.

  • Data shows that May computer and parts exports grew 66% YOY, up from 47% in April, the fastest since 2010; integrated circuit exports soared 111% YOY, the biggest monthly rise since 2013. Imports also strong, firms actively buying overseas chips and equipment, South Korea’s semiconductor exports to China jumped over 200% YOY in May.
  • Under Middle East impact, China’s May crude oil imports about 33 million tons, avg daily 7.8 million barrels, hitting a multi-year low. Refined oil imports fell 58% YOY. Coal imports down 8% YOY. At same time, China’s aluminum exports surged 16% YOY to 630,000 tons, filling global supply gap. AI investment boom boosts chip and high-tech demand, integrated circuit exports up 111% YOY.
  • Guolian Minsheng believes May export growth accelerated again, mainly due to low base of U.S. exports, strong demand from emerging markets, and faster tech product offshore. Price factors are now core support, “rising prices, falling volumes” may limit future elasticity. Export growth expected to stay above 10%, imports may fall below 20%.
  • Guo Lei says May exports rose 19.4% YOY, further exceeding Jan-Apr cumulative growth of 14.5%. Export strength remains unquestioned. High export growth has four macro effects: 1) Exports (about 19% of GDP) underpin the economy; 2) Rising export prices signal price transmission; 3) Strong exports make macro policy less likely to systematically stimulate, more focus on investment and consumption; 4) AI-driven semiconductor export boom verifies Asia industrial chain logic, supports AI supply chain pricing.

U.S. adds Alibaba, BYD, etc. to “military-related” list; Foreign Ministry urges U.S. to stop unjustified suppression of Chinese firms. Lin Jian stated: We urge the U.S. to correct its wrong actions, stop unjustified suppression of Chinese firms. China will take necessary measures to firmly safeguard the legitimate rights and interests of Chinese companies.

Humanoid robot prices plummet, cheaper than iPhone. Humanoid robot prices are shifting from “luxury” to “bargain”: Unitree G1 drops to 85,000 yuan, Songyan Power Bumi falls below 10,000 yuan, cheaper than a high-end iPhone. China supply chain localization rate exceeds 90%, about 90% of global shipments are from Chinese manufacturers. However, Gartner survey says over 98% of customers are still in exploration phase, less than 2% actually deployed. Experts think the industry should focus on “useful” not “humanoid”, prioritizing productive applications.

Cross-border stock tips! “White-haired stock god” stirs up A-shares for three days. An anime avatar, one overseas tweet, triggered 15-minute upper limit in A-share stocks; “white-haired stock god” Serenity achieved 4,502% return, making retail investors and quant bots equally “remote-controlled” executors. Cross-border info flooding is becoming the most dangerous gray area in A-shares.

Overseas

U.S.-Iran deal has both hope and risk: White House says nuclear talks made progress, Trump says must respond to Iran shooting down U.S. helicopter, U.S. military launches retaliatory strikes. Vance says "very close" to long-term nuclear deal, confident it can be reached by mid-term elections, possibly next week or months later. U.S. military said it launched self-defense strikes at Trump's instruction; Iran's south experienced explosions; Trump said the strike was very important and should have a strong response. U.S. media says Trump still thinks the U.S. and Iran are close to a peace deal; U.S. forces hit military base and radar on Iran’s south coast. Reports say Iranian drones flew over Iraq and attacked U.S. targets. Israeli chief of staff said the Iran attack is preparation for bigger blows.

Trump: “Complete victory” over Iran in two weeks, oil prices will fall sharply! Trump said: “I think we’re winning, real victory will come in the next two weeks. When we announce it, oil prices will drop sharply.” However, this isn’t the first time Trump has promised “major progress in two weeks.”

Dollar’s purchasing power “stolen by half”? AI model overturns U.S. official inflation stats. Independent project RealityIndex says since the pandemic, the dollar’s real purchasing power shrank by up to 50%, far above the official 26% estimate. If GDP is recalculated by this price index, most of the time since 2022 the U.S. may actually have been in recession, “post-pandemic recovery” could just be a statistical illusion, explaining persistently low consumer confidence.

Anthropic shows muscles pre-IPO: Launches strongest public model Fable 5, unlocks Mythos-level abilities with a safety leash. Anthropic says Fable 5 leads on almost all test benchmarks, the advantage grows with longer and more complex tasks, protection mechanisms survived over 1000 hours of “jailbreak testing.” Mythos 5, using the same base model with some safety restrictions lifted, has “world’s strongest cyber security capability”, only open to select trusted institutions. Both models priced at less than half of Mythos preview price.

OpenAI officially IPOs; Altman lays out “three big goals”: automated AI research, economic growth, AGI. OpenAI CEO Sam Altman and Chief Scientist wrote that the company is entering its third development phase — goal is no longer just to produce the strongest AI but to make advanced AI abundant, affordable, secure, practical, and accessible. Altman predicts that by 2028 AI will handle much corporate research work; calls to build international coordination to prevent power monopoly.

Historic IPO explosion! Report: SpaceX subscriptions reach $250B, nearly four times oversubscribed. Rocket launches, Starlink, and space data centers are listed as SpaceX’s three key growth drivers, pricing to be decided Thursday. Some analysts speculate that recent market pullbacks may be buyers selling stocks to raise IPO funds.

SpaceX IPO faces last minute hurdles: India halts Starlink approval over security. India halted final approval for Starlink commercial ops due to security concerns, Starlink’s terminal appeared in the Middle East conflict despite not being authorized in Iran. India questions U.S. operator’s manageability in times of geopolitical tension. SpaceX plans to list June 12, Starlink is key to SpaceX’s valuation.

Broadcom teams up with Apollo, Blackstone for AI financing platform, first $35B deal, Anthropic as first client. Broadcom, Apollo, Blackstone set up “AI XPV” platform, first $35B deal for Anthropic computing expansion. Broadcom guarantees senior bonds, aligning credit risk with itself; financing costs much lower than unsecured subordinated debt.

AI data giant Databricks seeking new round of funding, aiming for $175B valuation, IPO may be postponed to next year. AI unicorn Databricks seeks new round, target valuation $175B, up 30% from last round. Annual revenue $5.4B, 65% growth supports high valuation, but IPO postponed—OpenAI, Anthropic rush to the market, timing uncertain.

Up 270% YTD: Satellite maker in Uruguay quietly become hottest aerospace stock. Satellogic shares soared over 270% YTD, biggest winner in 2026 space stock boom. Company shifted into sovereign & defense needs with low-cost satellites and government-grade earth observation, achieved positive cash flow for first time. With Merlin constellation upcoming and demand rising amid geopolitics, its profit path is clearer but high valuation and long govt contracts remain uncertain.

Research Picks

S&P/ Nasdaq break last Friday’s low: healthy reset or warning sign? U.S. stocks keep falling, three major indexes break previous lows, tech & energy lead declines, Bitcoin and gold sold off together, suggesting liquidity pressure. Goldman analysts view recent drop as healthy reset; JPMorgan expects U.S. stocks to stay turbulent and underperform Europe. Focus on Wednesday’s U.S. CPI and next week’s FOMC statement from Waller.

Last Friday’s crash just a preview? Goldman & Barclays warn: AI trades are overcrowded. AI trades are at historic extremes, momentum strategies, tech longs, and systematic funds highly concentrated. Goldman, Barclays, JPMorgan warn that if AI narrative cools or market volatility rises, CTA and volatility control funds could trigger chain deleveraging. AI IPO funding could redistribute market liquidity. Last Friday’s crash may only be the prelude to bigger adjustment.

Fed Chair Waller: How many ways to betray Trump? Fed’s new chair Waller is hawkish and opposed to Trump’s rate-cut push. Advocates shrinking balance sheet, abolishing forward guidance, prioritizing inflation control. Despite softer rhetoric during nomination, core policy hasn’t changed. After taking office, he faces ideological & political struggles. Bloomberg columnist Clive Crook says Waller values historical reputation more than presidential preferences, Trump’s appointment may backfire.

JPMorgan: Global oil inventories enter pressure zone late June, bottom out in September. JPMorgan report says global oil inventories have been depleting since March, cumulative drop about 450 million barrels, expected to enter pressure zone in late June and hit operating bottom in Sep. If Hormuz reopens in June, Brent stays near $100 all year; if blockade persists, average Q4 price will rise $15 more.

SemiAnalysis deep report: Unitree to lead global robot industry. SemiAnalysis sees Unitree as China’s next hardware giant after BYD and DJI. G1 robot BOM cost just $8,976, pre-tax sale price $27,300, 67% gross margin; self-developed actuators make component costs 30–40% that of western peers; China’s supply chain weekly iteration “flywheel effect” helps push humanoid robots from labs into real logistics scenarios, proven via quadruped robots.

Chinese "making money" in Korean stocks. Korean stock market saw wild swings in H1 2026: SK Hynix spiked then crashed then set new highs, circuit breakers twice triggered. Chinese retail investors dove in, logic varies—some use AI stock selection, some follow “gurus”, some use life experience. They don’t read financials or understand geopolitics but bet on semiconductors and foreign capital flows.

Domestic Macro

National Internet Emergency Center warning: Some "Skills" carry "jailbreak" and malicious mining risks. The center recently found some agent Skill packs spreading under names like “LLM jailbreak”, “mining for money”, but actually contain attack modules or mining programs. Jailbreak Skills can make models generate illegal content, causing account bans and privacy leaks; mining Skills hog device resources, may even involve money laundering crimes. Users advised to get Skills from official channels; enterprises establish whitelists, strengthen audits and monitoring.

Zhuque-2 remote 6 launch successful, satellite-mobile direct experiment ahead. Two satellites launched: Qianfan DTC01 operates by Shanghai Yuanxin Satellite Technology; China Mobile 02 belongs to China Mobile Group, will test direct mobile broadband-to-satellite and integrated space-ground network tech.

Another “super project”! “10,000-ton class ships to pass in future”. China’s first major flagship project in “15th Five-Year Plan”—Three Gorges shipping new channel broke ground June 8 in Yichang, Hubei, total investment about 77.2 billion yuan. The project includes Three Gorges hub’s new channel and Gezhouba shipping expansion. When completed, capacity at Three Gorges hub will reach 336 million tons, enable passage of 10,000-ton vessels, greatly boosting Yangtze River’s navigation and lowering logistics costs.

Domestic Companies

After burning $1 trillion, U.S. firms start paying DeepSeek. U.S. corporate AI bills are out of control—Uber burned its annual Token budget in four months, Salesforce paid Anthropic about $300 million a year. Now, DeepSeek tops the U.S. enterprise subscription rankings. Rarely, firms don’t download open-source weights to run themselves but directly pay and connect to servers for data transfer. Even chief economists say: “I never thought U.S. companies would use DeepSeek.”

Kingsoft stock surges, Xiaomi clarifies Lei Jun’s holding increase not due to personal buying. On June 8, Xiaomi Group increased its stake in Kingsoft in public market to 5.39%, indirectly raising Lei Jun’s personal holding from 24.12% to 24.56%. Xiaomi says it’s firm on Kingsoft’s long-term development and strategic synergy. Q1: Kingsoft revenue 2.417 billion yuan, net profit 1.091 billion yuan, up 284% YOY.

New energy car penetration exceeds 60%, May top 10 passenger sales have no fuel cars, Cui Dongshu: fuel cars now a niche group. In May, China’s new energy passenger car penetration rate broke 60% for the first time, retail penetration 62.9% new high. Top 10 passenger models sold in May: all new energy, fuel car market share drops to 37.1%. Cui Dongshu from CPCA says fuel cars now becoming niche.

Investor tearfully asks BYD about business and stock outlook, says only holds BYD, Wang Chuanfu replies. At BYD’s 2025 AGM, an investor tearfully said only holds BYD and asked about business/ stock outlook. Wang Chuanfu replied that BYD will keep growing in the next 3-5 years, with dual drivers of domestic/overseas markets and new tech like Blade Battery 2.0, fast charging. Target is true global No. 1 by 2030. Admitted stock price doesn’t reflect company’s potential yet, urged investors to be patient, performance will improve and offer better returns.

Overseas Macro

Nikkei News: Bank of Japan to raise rates to 1% in June, may act again in October. Nikkei reports central bank plans to lift base rate from 0.75% to 1.0% on June 16, Governor Kazuo Ueda will propose, likely to pass. Former officials warn another hike by October, saying “BoJ is behind the curve.” Bank of Japan may suspend bond purchase reduction after April 2027, keeping policy flexibility.

Overseas Companies

Jensen Huang, became Korea’s hottest star! On variety shows boasting “my nose is Korea’s new fashion”, handed out chips to citizens, drove 7-11’s HBM chip sales up 776%. NVIDIA CEO Jensen Huang recently toured Korea—on variety shows, boasted “my nose is Korea’s new fashion”, distributed snacks, unexpectedly drove 7-11’s HBM chips sales up 776% on June 6 versus last week; banana milk sales also soared. From talk shows to convenience stores, Huang is Korea’s hottest new star.

“I spent all day pumping stocks”—“stock god” Jensen Huang busy saving the market. On Monday in Seoul, Huang said market correction is a “buy-the-dip” chance, led chip rebound, told SK Hynix to “produce more” memory chips, publicly recommended Qualcomm, joked “spent all day selling stocks to others”; Bloomberg warns: In times of excited retail, rising leverage, earnings vacuum, Huang’s optimistic endorsement risks creating bubbles, the greater his influence, the greater his responsibility.

Two days of “reverse disco”! SK Hynix soared 13%, 2x long ETF crashed 40%. Underlying soars, ETF crashes, or vice-versa: SK Hynix leverage ETF KIM ACE puts on a show, ringing alarm bells for billion-dollar single-stock leverage markets.

Report: Samsung, NVIDIA expand cooperation, talks extend to HBM5 and next-gen Groq chip. Samsung Vice Chairman Jun Young-Hyun met NVIDIA’s Jensen Huang, talks moved from HBM4 to HBM5, foundry, and joint ASIC development. Samsung may get orders for Groq LP40 chips, previously expected for TSMC. Though long-term deal hasn’t landed, this deep binding across key AI supply chain rings is quietly reshaping high-end chip competition.

On eve of listing, Musk explains “space data center plan”: “For SpaceX, it's not difficult". Musk debuted “AI1” satellite design before SpaceX IPO. AI1’s engineering design is even simpler than Starlink: peak power 150kW, wingspan 70m, essentially a floating NVIDIA AI cabinet in 600km orbit, solar array power density set at 250W/m². Musk targets 1GW annualized compute deployed by end-2027, team with Tesla & Intel on chips, use Starship to cut launch costs, turning satellite mass production advantage into next-gen AI computing moat.

Rocket Lab CEO: Only two companies achieved “scalable space launch”, one is SpaceX. Peter Beck says: out of 142 firms that tried orbital launch, almost all failed, “only SpaceX & Rocket Lab achieved scalable, reliable launch globally.” He was denied by NASA for not having a degree and not being a U.S. citizen, which motivated his entrepreneurial journey. Many space firms now “build nothing” but get $ billions in valuation, industry full of hype and capital bubbles.

OpenAI follows Anthropic: Slow frontier AI when needed, call for international institution. OpenAI and Anthropic both support “slowing frontier AI” when needed, advocate for international coordination, an industry first. Critics say it’s regulatory capture: Anthropic’s revenue about to leap from $9B to $50B, and secretly filed for IPO. “Brake faction” and “accelerators” share the same face.

CoreWeave three co-founders cashed out over $2.3B since IPO, institutional investors sold $5.5B. CoreWeave’s three co-founders reduced their combined holdings by nearly a quarter, Magnetar’s position nearly halved. Company has $25B debt, never turned a quarterly profit, “circular trading” doubts linger. Wall St analysts mostly still bullish.

No tuition, guaranteed jobs! After 8000 white-collar layoffs, Meta starts “blue-collar training classes” for data center workers. Meta just laid off 8000 white-collar staff, now spends $115M training blue-collar workers—electricians, HVAC, data center construction. Same AI strategy: cut jobs algorithms can replace, invest heavily in jobs algorithms can’t. AI arms race is quietly reshaping U.S. labor market.

Apple AI overcomes its first hurdle, but the marathon just started. Apple’s WWDC 2026 pits bulls and bears: Morgan Stanley, Goldman support AI strategy clarity and iCloud monetization path, target $360; UBS, Barclays say “evolution not revolution”, bear target $253. Over 850M devices excluded, 35% market missing, three key catalysts ahead. Apple’s AI marathon—this fall is the real starting pistol.

iOS 27 code “reveals destiny”: Apple’s first foldable iPhone imminent. iOS 27 developer beta contains “foldState”, “hinge angle detection” code, signaling software infrastructure for foldable iPhone is ready. With new full-page widgets, dynamic screen adaptation, and more, signs point to this $2000+ disruptive product heading for September launch as planned.

Industry/Concepts

1. Humanoid robots | China Securities News reports Ministry of Industry and Information Technology, State-owned Assets Supervision Commission issued notice to jointly carry out 2026 humanoid robots & embodied AI application pilot. Focus on industrial, special, service fields; promote real-application space, innovation application clusters, skill development, deployment verification. By end 2026, key products like humanoid robots to achieve validation & regular deployment in representative scenarios, “work mode” begins; form 100+ high-value application scenarios, enriching embodied AI, drive tens of thousands units landing capacity.

Comment: Humanoid robots (with embodied AI) are widely seen as the next trillion-dollar super sector after new energy vehicles. With maturing supply chain, 2026 is human robot mass production year, domestic annual sales could reach 10,000 units. Global labor shortage and aging trigger automation at tipping point, robots have established cost advantage; big models solve robot brain versatility, hardware reaches world-class. As direct labor substitute, humanoid robots’ market ceiling is far higher than traditional industrial robots. By 2035, global market could exceed $1T, possibly several trillion, annual shipments could reach millions to tens of millions, market scale could rival global auto industry.

2. Communications | China Securities News reports over 5M 5G base stations nationwide, upgrades underway in 330+ cities, 500,000 5G-A base stations to be built in next five years. 6G could be commercially available by 2030, improving efficiency, connectivity over 10x.

Comment: Forecast for next five years, new-generation networks to drive total output about 7 trillion yuan, lift GDP growth about 1.5pp, create over 1M jobs; lays foundation for economic transformation, high-quality digital economy. 6G as “future industry” in the 15th Five-Year Plan, highly watched. Following “ten-year-a-generation” pattern, 6G may launch before/around 2030; by 2035, could spawn trillion-level industry and applications.

3. Ultra-supercritical | China Securities News reports world’s first 630°C second reheating ultra-supercritical 1M kW coal power unit — Datang Yuncheng 630°C national power demo project completed 168-hour full-load test and went into commercial operation. Domestically, conventional 1M kW coal units have about 49% efficiency; Yuncheng breaks coal power bottleneck, unit design efficiency reaches 50.05%, world’s first to break 50% in coal power.

Comment: Versus conventional units, this unit achieves major energy and emission reductions: two units save 208,000 tons of coal and cut 540,000 tons CO₂ per year, supplying 250,000 households for a year. As the only 1M kW coal demo in the 13th Five-Year Plan, Datang Yuncheng’s commissioning advances China coal power design, equipment and new materials, providing a “China Solution” for global coal green transition.

4. Charging Piles | Shanghai Securities News: Guangdong released action plan for high-quality EV charging infrastructure, advocates large-scale vehicle-grid interaction, “light-storage-charging” integrated facilities, reasonable PV/storage capacity for charging stations. Organize grid firms/virtual plants for provincial/city vehicle-grid interaction pilots, expand bus, car, truck swap stations, and parking lot scenarios. By end 2027, build 2,500+ V2G facilities, reverse discharge over 3 million kWh.

Comment: Research institutions say charging piles are strategic emerging industries for transport electrification and energy low-carbon transition. Policies and market drive shift from scale expansion to structure/tech upgrade and ecosystem. Continued policy rollout expands charging network to central/west and county/rural areas, forms “urban fast charging, rural slow charging” differentiation. Demand benefits from NEV sales surge; 800V high-voltage platform adoption drives tech iteration, liquid-cooled fast charging piles become mainstream, high-voltage DC piles demand explodes.

5. Commercial Aerospace | Shanghai Securities News: At 16:23, June 9, 2026 Beijing time, Zhuque-2E Y6 rocket launched from Dongfeng commercial aerospace innovation area, sent Qianfan DTC 01 and China Mobile 02 satellites into orbit, mission success.

Comment: Dongfang Securities says accelerated Qianfan constellation launches may boost expectations for rapid growth of China’s LEO satellite industry. Qianfan constellation is China’s core large LEO satellite internet system, will provide services at home and abroad. Recent launch progress boosts market confidence in China’s LEO satellite sector. With Blue Arrow, CASIC, Tianbing Technology and others increasing private rocket supply, Qianfan’s launch bottleneck may ease, network speed up, boosting satellite industry chain development.

Today's News Preview

China May CPI, PPI.

U.S. May CPI.

U.S. May government budget.

Bank of Canada policy rate.

Oracle earnings.

Last week’s U.S. EIA crude inventory changes

Japan Aerospace Agency to launch H3 rocket.

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