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Iranian Missiles Directly Target Israel: New Offensive Regional Ambitions Are Emerging
The latest round of direct clashes between Israel and Iran has further clarified Tehran's strategic intent: to expand its regional influence through missile strikes while demonstrating its continued capacity to retaliate effectively under pressure from the U.S. and Israel. Recent salvos of ballistic missiles are seen as a significant signal of Iran's attempt to alter the regional balance of power.
Hong Kong Stocks Move Sharply | Nonferrous Metal Stocks Plunge as U.S. Nonfarm Payrolls Surge, Fueling Sharp Rise in Rate Hike Expectations
Gelonghui, June 8 | Hong Kong-listed non-ferrous metal stocks collectively declined, with Lingbao Gold falling more than 7%, China Nonferrous Mining and Zijin Gold International down 6.5%, Jiangxi Copper Co., Ltd. dropping over 6%, and CMOC Group, Chifeng Gold, and Aluminum Corporation of China (Chalco) each falling nearly 6%. Zhaojin Mining, MMG Limited, China Hongqiao Group, Rusal, and Shandong Gold also followed lower. On the news front, international gold prices dropped approximately 3.3% on U.S. nonfarm payroll day, silver plunged 8%, and New York copper fell over 4%. Domestic futures opened broadly lower in early trading, with Shanghai silver down more than 7%. The U.S. Bureau of Labor Statistics released May nonfarm payroll data on June 5, showing an addition of 172,000 jobs—significantly exceeding market expectations of 85,000.
Waller's first warning since taking office! Trump publicly stated: 'There is no reason to raise interest rates—the rate hike is intended to stifle our success.'
Trump publicly pressured Kevin Warsh, the central bank chief he personally nominated, to cut interest rates on the eve of Warsh’s first Federal Reserve policy meeting as chair.
Iran launched a 'warning strike' against Israel, which stated it 'will respond forcefully.' Trump warned Netanyahu, 'Do not retaliate—the U.S.-Iran deal is within reach.'
The Islamic Revolutionary Guard Corps (IRGC) of Iran struck Ramat David Airbase in northern Israel with ballistic missiles. Trump stated that he was aware of the latest developments between Israel and Iran. He immediately intended to call Israeli Prime Minister Netanyahu to urge him not to retaliate. Trump said that a final agreement between the United States and Iran was “within reach” and expressed concern that “the current incident could derail the deal.” The IRGC described its strike on the Israeli airbase as a “warning.” According to Xinhua News Agency from Tehran on June 7, the Aerospace Force of Iran’s Islamic Revolutionary Guard Corps issued a statement on the evening of the 7th saying that it had launched ballistic missiles at an Israeli airbase located in
The central bank is accelerating its gold purchases! It has increased its holdings for the 19th consecutive month, adding 320,000 troy ounces in May compared to April.
China's gold reserves stood at 74.96 million troy ounces (approximately 2,331.52 metric tons) as of the end of May, an increase of 3.2 million troy ounces (approximately 9.95 metric tons) from April's 74.64 million troy ounces (approximately 2,321.56 metric tons), marking the 19th consecutive month of gold accumulation.
Express News | The People's Bank of China has increased its gold reserves for the 19th consecutive month.