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Alaska Airlines' chief financial officer stated that the company expects to remain an Airbus operator for the long term.

Alaska Airlines' chief financial officer stated that refining margins on the West Coast are a more pressing issue than crude oil prices.

Alaska Airlines' chief financial officer stated that earnings guidance will not be resumed until fuel prices stabilize more.

Alaska Airlines' CFO stated that corporate bookings for the next 90 days are up 20% to 30% year-over-year.

Alaska Airlines' chief financial officer said the airline expects to resume providing earnings guidance during the second-quarter earnings call.

Boeing service executives said that the supply of cockpit windows is lower than expected, which could lead to delivery delays.

Boeing service executives said flight hours in most regions continued to show moderate to good growth.

June 7th - According to sources familiar with the matter, U.S. Treasury Secretary Bessenter instructed his team on June 6th to "assess the situation in Gulf allies and calculate the costs of repairing damage caused by Iran." The sources stated that the U.S. intends to utilize relevant mechanisms to transfer frozen Iranian assets to Gulf allies to fund their efforts to "address potential future damage from Iran and carry out reconstruction and repair work." The U.S. will also consider whether to use Iranian assets "to compensate for past losses."

June 7th - As the conflict with Iran triggers global inflationary pressures, the European Central Bank (ECB) is expected to raise interest rates by 25 basis points next week, becoming the first major central bank among the G7 to tighten monetary policy. Markets anticipate at least one more rate hike this year. In contrast, the Bank of Canada is likely to keep its rates unchanged, while the Federal Reserve and the Bank of England are expected to remain on hold this month, observing the impact of the Iranian conflict. ECB officials aim to ensure that inflation in the Eurozone does not become deeply entrenched, but a rate hike would come at the cost of further dragging down an already weak economy. ECB President Christine Lagarde is likely to provide a clearer signal on the next steps at the press conference following the decision. Meanwhile, the ECB will also release its quarterly economic forecasts, assessing different scenarios of the energy shock's impact on the regional economy.

On June 7th, Willie Walsh, Director General of the International Air Transport Association (IATA), stated that rising jet fuel prices are expected to lead to more airline bankruptcies and industry consolidation. He pointed out that a merger between United Airlines and American Airlines is unlikely due to regulatory hurdles. Walsh also stated that once the Middle East conflict subsides, airlines and hubs in the Gulf region will regain market share. Furthermore, despite disappointing progress in clean fuels, IATA remains committed to its 2050 net-zero emissions target.

The Russian Ministry of Defense stated that its air defense forces intercepted 339 Ukrainian drones in multiple regions, including Moscow, within 13 hours.

On June 7th, local time, the Russian Ministry of Defense stated on the 6th that Russian forces had seized control of the Shevchenko settlement in Kharkiv Oblast and struck 153 areas in Ukraine. These included production, storage, and launch sites for long-range drones; fuel, transportation, and port infrastructure; and temporary deployment points for Ukrainian armed forces and foreign mercenaries. The General Staff of the Ukrainian Armed Forces stated on the 6th that Ukrainian forces attacked targets including Russian personnel assembly areas, drone control points, and artillery systems.

Ukrainian Foreign Minister Kuleba: Russian forces attacked two civilian search and rescue vessels in Ukrainian waters, causing casualties.

According to The Economic Times, citing the Press Trust of India, India has raised the price of a 14.2 kg bottle of household liquefied petroleum gas by 29 rupees.

The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 3.0 occurred near Shandan County, Zhangye City, Gansu Province (38.80 degrees north latitude, 100.76 degrees east longitude) at 02:21 on June 7. The final result is subject to the official rapid report.

According to Iran's Fars News Agency, an explosion was heard near Kharg Island.

June 7th - According to sources, Sriram Krishnan, a technology investor who spearheaded the Trump administration's pro-industry AI policy, plans to leave the White House at the end of this month to found an outside organization aimed at influencing technology policy. Krishnan is one of the architects of the government's "AI Action Plan," which outlined a blueprint for deregulating new technologies and promoting the construction of data centers nationwide. He also participated in drafting an executive order limiting states' ability to regulate AI. However, advanced AI models such as Anthropic's Mythos have demonstrated the ability to discover software security vulnerabilities, raising concerns among senior government officials about the risk of cyberattacks and prompting some officials to reassess the relaxed regulatory approach championed by Krishnan and others.

According to Saudi media alhadath: Pakistan's Interior Minister has arrived in Iran.

According to The Information, White House senior policy advisor on artificial intelligence, Krishnan, will be leaving the office.

On June 7th, Federal Reserve Governor Michael Barr criticized regulators' moves over the past year to ease restrictions on bank lending, stating that related proposals "significantly weakened bank regulation." Barr stated that the vulnerabilities resulting from deregulation may not be immediately apparent, but will accumulate problems over the next few years and could cause serious damage to the economy. Trump-era officials have taken steps to ease capital requirements for Wall Street banks, narrow the scope of regulation, and pave the way for competition between traditional banks and private lending giants. Barr warned that weaker capital rules, liquidity requirements, and regulation could increase the risk of bank failures. He pointed out that banks need room to grow to support economic innovation, but long-term experience shows that without proper safeguards, the pursuit of high-profit innovation can lead to excessive risk. When banks run into trouble, their failures threaten businesses and households, and even jeopardize the overall economy.