Celebrate Indian – but it is not considered peace

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US President Donald Trump speaks to correspondents on the air plane on his way to the NATO summit in The Hague, Netherlands, June 24, 2025.

Brian Snyder Reuters

The ceasefire between Israel and Iran appears to be carried. in Yesterday’s newsletterWe talked about how Blitzkrieg seemed to be a diplomacy led by missiles that help cancel tensions.

The other side of this strange path to the armistice is that the missiles are, well, weapons in the first place. Just hours after both countries agreed to a ceasefire, Israel He said Its rival has long fired rockets at its borders – an accusation that Tehran denied – and was preparing to “respond strongly”. Perhaps with more missiles.

US President Donald Trump – who mediated the ceasefire with Prince Tarim bin Hamad Al Thani – has expressed his frustration with these developments.

“I am not happy with them. I am not happy with Iran either, but I am not really happy if Israel comes out this morning,” Trump He said A reporter gathered on his way to the NATO summit in the Netherlands.

His warnings appear to be working. There is now a fragile truce between the two countries.

Oil prices fell and American stocks jumped.

Reuters downloaded a picture of the Israeli population Play my sparse on the beach On June 24. Flights at Ben Gurion Airport in Israel are resumed, and the Iranian airspace is partially open, according to FLIGRADAR24, CNBC I mentioned At about three in the morning in Singapore.

Three hours after this update, NBC NewsQuoting three people familiar with this issue, I stated that the initial evaluation of the US Defense Intelligence Agency found American strikes on Iranian nuclear sites on Saturday The left “basic pieces … are still intact.”

Trump pushed these accusations on Tuesday night, writing “The nuclear sites in Iran are completely destroyed!”

And so he goes.

What you need to know today

Israel-Iran is the ceasefire, at the present time
The fragile ceasefire between Israel and Iran,
It was announced by Trump on Mondayand It appears to be a contract. Israel on Tuesday He said He will honor the ceasefire as long as Iran does the same. Earlier in the day, both countries accused each other of violating the armistice, and said they were ready for revenge, which prompted Trump to say that he is “Unhappy” with them. Keep aware of Israel’s conflict with Iran’s live CNBC blog here.

Markets jump as traders are betting on the armistice
American stocks jumped on Tuesday Based on the expectations that the ceasefire will hold Israel, Iran. the S & P 500 Earn 1.11 % to put it Only 0.9 % away from a height of 52 weeks. the Dow Jon’s industrial average He added 1.19 % and Nasdak 1.43 % ascended. the Nasdaq-100 1.53 % rose to close at the highest level ever. The Asia and Pacific markets mostly rose on Wednesday. Chinese CSI 300 offers 0.63 % at 1:50 pm Singapore time. Technical stocks, such as Netease and TinetnetIt was in news that Beijing agreed to a large number of games in June.

Paris oil losses
Oil prices regained some land during trading hours in Asia on Wednesday. both of them United States crude oil And the global standard Brent About 1.5 % increased. On Tuesday in the United States, Oil prices fell about 6 %. Earlier in the day, Trump He said China can continue to buy oil from Iran, as if it seemed a sign that the United States may reduce its pressure campaign against Tehran.

Powell says the Federal Reserve “is in good position to wait”
In a hearing in the US Congress on Tuesday, Federal Reserve Chairman Jerome Powell said the economy is still strong. But he pointed out that inflation is still higher than the goal of the central bank of 2 %, and that the Federal Reserve Bank has a “commitment” to prevent definitions from becoming a “continuous inflation problem”. Completely, these considerations make the federal reserve “In a good position to wait“Before making a decision on interest rates.

Do not make trade political: Chinese Prime Minister
“Globalization will not be reversed,” Chinese Prime Minister Lee Qiang said on Wednesday through an official English translation at the annual conference of the World Economic Forum in China, and it is often called “Summer Davos”. He urged me to all parties not to convert trade into a political or security issue, and said that engaging in the international economy is a way to “reshape the rules and order.”

(Pro) is not “bully enough” in the assembly: HSBC
The S&P 500 Introms has returned it from its lowest level in April to approximately 1 % of its high record in a very short time. It has baffled many investors, who are concerned that another retreat on the horizon. But Max Keitner, chief multi -asset strategic expert in HSBC, said it was concerned It is not “upside down” in the current assembly.

Finally …

Renminbi notes next to the US dollar notes in Kasikornbank in Bangkok, Thailand, January 26, 2023.

Athit Perawongmetha | Reuters

China doubles the promotion of the yuan, as confidence in the US dollar takes a beating

China puts more ways for foreign institutions to use the yuan, as international confidence stumbles in the US dollar.

In a sign of the increase in the design in Beijing to attract the world away from the dollar, the Governor of the Popular Bank of China announced Ban Gongcheng’s plans last week to create a Yuan Digital Definition Center In Shanghai and enhance the trading of futures in foreign currencies. Beijing has already launched a digital version of its currency to replace some money and coins circulating.

– Lee Ying Chan and Evlin Cheng



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