On June 12, Lisa Brown, the mayor of Spokane, the second largest city in Washington State, announced a curfew in the city center from the evening of the 11th to the early morning of the 12th. In the afternoon of the 11th, demonstrators protested outside the office of the Immigration and Customs Enforcement Agency in the city.

The South Korean won rose 1% to 1,357.1 against the dollar.

A senior Iraqi official said the oil ministry had not received any notice of layoffs from operators.

June 12, the UK Maritime Trade Operations Office (UKMTO) issued a warning to seafarers operating in the Arabian Gulf, Gulf of Oman and Strait of Hormuz on Wednesday, saying that increased tensions in the region could affect commercial shipping. UKMTO said in a statement that it "is aware of the increased tensions in the region, which could lead to an escalation of military activities with direct impacts on seafarers." The agency advises ships passing through the region to "use caution when passing through the Arabian Gulf, Gulf of Oman and Strait of Hormuz, and report incidents or suspicious activities." The Strait of Hormuz is a strategic point between the Persian Gulf and the Arabian Sea, and has been the focus of maritime incidents and geopolitical frictions in recent years, especially involving Iran and Western powers.

June 12, local time on June 12, German Defense Minister Pistorius visited the Ukrainian capital of Kiev to discuss further military assistance to Ukraine. Before the trip, Pistorius said that Germany will do everything it can to continue to assist Ukraine so that it can strengthen its own defense.

Futures June 12 news, 1. WTI crude oil futures trading volume was 1399278 lots, an increase of 322619 lots from the previous trading day. The open interest was 1995648 lots, a decrease of 21564 lots from the previous trading day. 2. Brent crude oil futures trading volume was 243295 lots, an increase of 66501 lots from the previous trading day. The open interest was 189452 lots, an increase of 11 lots from the previous trading day. 3. Natural gas futures trading volume was 546764 lots, an increase of 71005 lots from the previous trading day. The open interest was 1538316 lots, a decrease of 2051 lots from the previous trading day.

Jefferies: Raised Oracle (ORCL.N) price target to $220 from $200.

On June 12, TrendForce Senior Research Vice President Guo Zuorong pointed out that the demand for high-end computing chips driven by AI applications continues to be strong, and advanced processes and advanced packaging technologies are the biggest demand drivers for the global foundry industry, and the industry is expected to grow at an annual rate of 19.1% in 2025. In addition, the advanced 2nm process will officially enter mass production in the second half of this year, and advanced packaging capacity will continue to expand, with an estimated annual growth rate of 76%.

Japanese Prime Minister Shigeru Ishiba: There is no arrangement for a meeting with the US leader yet.

Market news: Japanese Prime Minister Shigeru Ishiba discussed the current status of the US-Japan talks with leaders of other political parties. He said it is necessary to (collect) bipartisan reactions to US tariffs.

On June 12, Li Chunlin, deputy director of the National Development and Reform Commission, said that in the past five years since the implementation of the Shenzhen comprehensive reform pilot, a large number of innovative measures have been introduced to promote innovation and development, and significant results have been achieved in supporting high-quality development. For example, Shenzhen is supported to take the lead in carrying out the pilot of cross-border fund pool business with unified RMB and foreign currencies, allowing multinational groups to handle the centralized collection and payment business of RMB and foreign currencies of overseas member enterprises in the country, realizing currency selection, free transfer, and mixed use of funds. As of the end of May this year, 55 multinational companies participated in the pilot, with a business volume of US$340 billion, better coordinating the two markets and two resources at home and abroad. Improve the institutional mechanism of financial support for scientific and technological innovation, explore the path to realize the securitization of intellectual property rights, and have issued a total of 104 intellectual property securitization products with an issuance scale of 22.5 billion yuan, benefiting 1,535 enterprises, and effectively supporting the development of scientific and technological innovation enterprises.

Market news: Saudi Crown Prince Salman will miss the G7 summit in Canada.

The Taiwan dollar rose 0.5% to 29.779 per dollar, its highest level since May 5.

The Hang Seng Index in Hong Kong opened at 24,223.12 points, down 143.82 points, or 0.59%, on June 12 (Thursday); the Hang Seng Technology Index opened at 5,389.56 points, down 61.64 points, or 1.13%, on June 12 (Thursday); the CSI 300 Index opened at 8,796.99 points, down 68.73 points, or 0.78%, on June 12 (Thursday); and the H-share Index opened at 4,071.95 points, down 28.2 points, or 0.69%, on June 12 (Thursday).