ECB board member Vujcic: It is not possible to tell whether the US tariff policy has deflationary pressure or inflationary effect. Assuming the push for eurozone assets will continue, turbulent US policies are prompting investors to turn to the European market. The ECB can wait for new economic forecasts and data before taking the next step.

ECB Governing Council member Vujicic: The ECB is in a very favorable position in terms of interest rates, and we hope that by September we will get more clear information on tariffs.

World Bank: Lowered its forecast for global trade growth in 2025 to 1.8%, lower than 3.4% in 2024.

World Bank: The global economy may see its weakest performance since the 1960s in the next decade.

US Secretary of Defense: The US Department of Defense needs $62 billion to modernize nuclear weapons.

Morgan Stanley: Raised Oracle (ORCL.N) price target from $160 to $175.

On June 10, European Commission President Ursula von der Leyen said that we are increasing pressure on Russia through the 18th round of sanctions, targeting the energy and banking sectors. The European Commission proposed to reduce the price ceiling of Russian oil to $45 per barrel, and also proposed a trading ban on the Nord Stream natural gas pipeline. The current price ceiling for Russian crude oil is $60, although its effectiveness and enforcement are mixed.

European Commission President Ursula von der Leyen proposes sanctions on 22 more Russian banks.

European Commission President Ursula von der Leyen: We propose extending the trade ban to third countries.

European Commission President Ursula von der Leyen: 77 new "Shadow Fleet" ships will be added to the sanctions list against Russia.

The European Commission has recommended adding more Shadow Fleet ships and oil trading companies to the sanctions list against Russia.

European Commission President Ursula von der Leyen: Proposes a trading ban on the Nord Stream 1 and 2 natural gas pipelines.

The annual rate of Red Book commercial retail sales in the United States for the week ending June 7 was 4.7%, compared with 4.9% in the previous period.

June 10th, the UK FTSE 100 index is expected to close at a record level. Investors hope that the Bank of England will continue to cut interest rates after data showed rising unemployment and falling wage growth. The index hit a high of 8879.64 points during the session and closed at the third highest level in history on Monday.

UK gilt yields extended their gains, with the two-year yield falling 10 basis points to 3.91%.

UK 30-year government bonds fell more than 7 basis points on the day to 5.25%, the lowest level since May 8.

UK two-year gilt yields hit their lowest level since May 9, falling around 9 basis points on the day to 3.92%.

June 10th, UBS analysts said that what Apple released at the Apple Worldwide Developers Conference (WWDC) had little impact on iPhone sales in the June and September quarters. Analysts pointed out that Apple released many software-related announcements that were more incremental than revolutionary. "In our view, many of the announced artificial intelligence features are incremental and have already been provided through competitor apps." Analysts still expect iPhone sales to grow by only 1% in the fiscal year ending at the end of September.

Market news: Blackstone Group is considering launching an initial public offering (IPO) of Cirsa, a well-known Spanish gaming company, in the coming weeks.