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Monsoon rainfall has been comparatively weak, causing the sowing progress of summer crops in India to be noticeably delayed, with the cultivated area decreasing by nearly 23% year-on-year. Will this impact rice exports and the import demand for palm oil and soybean oil?

Odaily reported that, according to Hyperbot data, Machi Big Brother Huang Licheng has just slightly reduced his 25x leveraged long position in Ethereum. He currently holds 1,200 ETH, with a liquidation price currently at $1,553. His investment return rate has turned positive and is currently at 0.53%.

For the end of the June quarter, Deutsche Bank strategists estimate that defined benefit pension plans need to purchase $4.44 billion in fixed income assets, which “suggests that despite macro factors, there is still a slightly stronger tendency for the 10-year to 30-year US Treasury yield curve to flatten.” Read more