EUR/USD
1.14588
-0.144%
Gold
4192.85
0.898%
Oil
74.941
-1.942%
USD/JPY
161.641
0.220%
GBP/USD
1.32156
-0.130%
GBP/JPY
213.623
0.091%
Real-time News
Russian Defense Ministry: Russia shot down 301 drones overnight.On June 22nd, Citigroup released a research report stating that Pop Mart (09992.HK) launched its "THE MONSTERS Retro Barbershop Series" on June 19th, generating considerable market buzz over the weekend. The new series utilizes new velvet materials and technology, emphasizing DIY hairstyle design, and is priced at RMB 159. However, reactions to the designs on social media platforms have been mixed, suggesting the new product may not be a short-term catalyst. Citigroup pointed out that the MOKOKO "Velvet Afternoon" style is currently the most sought-after in the secondary market and commands a premium, followed by "Lazy West Coast" and "Rebellious Diary." The other three standard styles have lower demand, with secondary prices all below the original price. Citigroup maintains its "Buy" rating on Pop Mart with an unchanged target price of HKD 263.Berenberg: Raises target price for Merck (MRK.N) from $115 to $125.June 22 – Shenzhen Customs released statistics on June 22 showing that in the first five months of this year, Shenzhens total import and export volume reached 2.32 trillion yuan, a 31.1% increase compared to the same period last year, maintaining its leading position among mainland cities in terms of import and export volume. Specifically, exports reached 1.22 trillion yuan, a 15.9% increase; imports reached 1.1 trillion yuan, a 53.4% increase. Since the beginning of this year, Shenzhens foreign trade has maintained a steady and positive trend.June 22 – As traffic in the Strait of Hormuz continues to increase, the regions oil giants are attempting to boost production. Kuwait is asking customers to take refined petroleum products from its ports deep in the Persian Gulf. According to a document, the Kuwait National Oil Company has issued a tender to sell naphtha used in the production of gasoline and plastics, with buyers required to take delivery from Kuwaiti ports via sea transport. Traders say this move by Kuwait is the first such offer in recent years, but no further details were provided. Unlike previous sales models, this one requires buyers to charter vessels themselves. Kuwaits move further underscores a series of signs in the region that oil-producing nations are taking steps to restore critical energy supplies following the interim peace agreement between the US and Iran.
