ECB Executive Board member Schnabel: Wage growth is expected to slow further.

ECB Executive Board Member Schnabel: Private consumption is supporting economic growth.

ECB Executive Board member Schnabel: The monetary policy cycle is coming to an end and current financial conditions are no longer restrictive.

ECB Executive Board Member Schnabel: Medium-term inflation is stable at the target level.

On June 12, Xin Hongye said on the interactive platform that the early payment of bills by downstream automobile manufacturers will have a positive impact on the company in many aspects, such as improving cash flow, reducing financial costs, and enhancing financial flexibility. The company will explore a win-win payment arrangement with customers while ensuring the provision of high-quality products and services.

On June 12, He Xiaopeng, chairman and CEO of Xpeng Motors, said at the 2025 Hong Kong Auto Show that Xpeng Motors hopes to be one of the first companies to bring advanced intelligent assisted driving to Hong Kong. He said: "Xpeng Motors is doing several things. First, the preparation of related vehicles. Xpeng hopes that all models entering Hong Kong next year can achieve advanced intelligent assisted driving. Secondly, if relevant policies can be formulated, Xpeng hopes to be one of the first companies to go on the road. As for the subsequent software development and testing, Xpeng can get it done in two months."

According to Indian media reports, a plane crashed at Ahmedabad Airport in India on the 12th.

Market news: EU Energy Commissioner said he will propose energy-saving plans for EU data centers.

ECB board member Simkus: Medium-term inflation rate may be below target.

ECB board member Simkus: I do not rule out the possibility of another interest rate cut in 2025.

New York silver futures fell 1.00% on the day and are now trading at $35.90 an ounce.

ECB board member Simkus: It is important to suspend interest rate adjustments.

ECB board member Simkus: It is very important that the ECB does not commit to a certain direction.

ECB board member Simkus: The ECB has reached a neutral interest rate level.

Japanese Chief Cabinet Secretary Yoshimasa Hayashi: Regarding the Iranian nuclear issue, Japan has expressed its firm hope for a peaceful solution and strongly urged Iran to take concrete actions to resolve the issue. At the same time, we are also pushing both sides not to miss the opportunity to achieve an agreement between the United States and Iran.

Japanese Chief Cabinet Secretary Yoshimasa Hayashi: We are paying close attention to the situation in the Middle East and emphasize the need to continue paying attention to changes in the situation in Iraq and other Middle Eastern countries.

ECB board member Francois Villeroy: Despite a downward revision in forecasts, a budget deficit of 5.4% is still possible in 2025.

Ukrainian military: attacked an electronics factory in the Moscow region of Russia at night.