Kazakhstan Ministry of Energy: From January to May this year, oil exports to Germany through the Druzhba pipeline increased by 48% year-on-year to 767,000 tons.

German Chancellor Merz: The German government supports a strong and independent Commerzbank.

ECB board member Rehn: We must be ready to act if necessary.

ECB board member Rehn: We must focus on maintaining inflation expectations at 2%.

ECB board member Rehn: Must avoid complacency about inflation outlook.

ECB board member Rehn: Decisions will be made at each meeting.

German Chancellor Merz: (In letter to Commerzbank labour representatives) Commerzbank is an important European bank with systemic relevance.

Market news: Uber (UBER.N) and British startup Wayve announced plans to test driverless cars in London.

The onshore RMB closed at 7.1869 against the U.S. dollar at 16:30 on June 10, down 31 points from the previous trading day.

June 10th news, on June 10th, the six cities of Shenzhen, Zhuhai, Shantou, Jiangmen, Chaozhou, Jieyang, and the Housing Provident Fund Management Center formally signed the "Cooperation Agreement on Promoting the Coordinated Development of Housing Provident Funds", and will cooperate in terms of policy coordination, service coordination, data sharing, etc., to effectively support the housing consumption needs of groups such as mobile employment groups and families buying properties in other places in the region, and promote the free flow and optimal allocation of factors such as talents in the region. It is reported that the cities that signed the agreement will continue to promote the mutual recognition and interoperability of housing provident fund loans in different places. The employees who make deposits in the cooperative cities who purchase houses locally will have the same loan amount and housing unit number as the local employees.

The Hang Seng Index in Hong Kong closed at 24,162.87 points, down 18.56 points, or 0.08%, on Tuesday, June 10. The Hang Seng Tech Index in Hong Kong closed at 5,392.19 points, down 41.04 points, or 0.76%, on Tuesday, June 10. The CSI 300 Index closed at 8,767.36 points, down 12.77 points, or 0.15%, on Tuesday, June 10. The H-share Index closed at 4,093.28 points, up 15.46 points, or 0.38%, on Tuesday, June 10.

Tesla (TSLA.O) shares rose about 2% in pre-market trading.

On June 10, the shortage of spot old process DRAM resources continued, and the price increase continued. Storage manufacturers firmly held a price increase attitude for channel memory bars, industry memory bars and LPDDR4X and other products. Recently, affected by the surge in prices of some channel resources, the channel DDR4 memory bars have the strongest increase, and the cumulative price increase of some products has exceeded 30% in just two weeks. The price of low-capacity eMMC has not only doubled compared to the end of last year, but 16GB/32GB/64GB eMMC has basically the same price. As the supply of MLC NAND becomes less and less, the storage capacity of application terminals such as TV/security/POS machines will be further upgraded in the future.

ECB board member Francois Villeroy: We will continue to advance interest rate issues pragmatically in light of data flows and remain flexible where necessary.

ECB Governing Council member Villeroy: Being in a favorable range does not mean that the ECB will remain unchanged.

ECB board member Villeroy de Villeroy: Policy and inflation are currently in a favorable range.

ECB board member Villeroy de Villeroy: Market volatility may affect confidence in the US dollar.

June 10th news: On June 10th local time, Ukrainian President Zelensky posted on his official social media platform that the Ukrainian capital Kiev suffered one of the most violent air strikes since the outbreak of the conflict that day. In addition, Odessa, Dnipropetrovsk Oblast and Chernihiv Oblast were also attacked. In this attack, the Russian army used a total of 315 drones and 7 missiles. Residential homes and urban infrastructure were damaged, and a maternity hospital in Odessa was also targeted. The attack has injured 13 people and killed others.