Kremlin: (On direct talks with Ukraine) There is currently no consensus on the next round of talks.

On June 17, spot gold and silver continued to rise. Gold rose by $6 in the short term and is now trading at $3,395 per ounce. Silver rose 2.00% during the day and is now trading at $37.04 per ounce.

On June 17, Nick Timiraos, the "Federal Reserve mouthpiece," pointed out in the article that there is good reason to believe that if it were not for the risks to prices posed by tariffs, the Federal Reserve would be ready to cut interest rates this week due to the recent improvement in inflation. Instead, Federal Reserve officials are expected to extend their wait-and-see attitude on Wednesday. At this meeting, Federal Reserve officials will assess how the economy has responded to the record tariff increases of the past few months. Inflation data has been relatively mild in the past three months. However, officials are concerned that tariffs announced since March may disrupt what economists call "inflation expectations." The article expects that whether the Federal Reserve will cut interest rates this year and the extent of the cut will depend to a certain extent on how officials view the risks of inflation expectations.

IEA Monthly Report: 1. (Regarding the Iran-Israel conflict) The oil market is adequately supplied in 2025, barring major disruptions. 2. Unless there are major disruptions, the oil market is expected to remain adequately supplied through 2030. 3. Total crude oil demand is expected to average 103.8 million barrels per day in 2025 and 104.5 million barrels per day in 2026. 4. Global oil supply is expected to be 104.9 million barrels per day in 2025 and 106 million barrels per day in 2026. 5. The average oil demand growth forecast for 2025 was lowered from 740,000 barrels per day to 720,000 barrels per day, and that for 2026 was lowered from 760,000 barrels per day to 740,000 barrels per day. 6. Raise the forecast for global oil supply growth in 2025 from 1.6 million barrels per day to 1.8 million barrels per day, and in 2026 from 970,000 barrels per day to 1.1 million barrels per day. OPEC Monthly Report: 1. US shale oil production is expected to stabilize at 9.05 million barrels per day next year. 2. OPEC+ crude oil production averaged 41.23 million barrels per day in May, an increase of 180,000 barrels from April. 3. Lower the forecast for oil supply growth in the United States and other non-OPEC+ oil-producing countries in 2026. 4. Despite trade concerns, the economic outlook remains strong (the latest report does not mention the Israeli-Iranian conflict). 5. Maintain the forecast for global crude oil demand growth in 2025 at 1.3 million barrels per day; maintain the forecast for global crude oil demand growth in 2026 at 1.28 million barrels per day. 6. The global economic growth forecast for this year and next year remains unchanged at 2.9% and 3.1% respectively; the US economic growth forecast for this year and next year remains unchanged at 1.7% and 2.1% respectively.