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08:22
U.S.-Iran Memorandum of Understanding to Reopen Strait of Hormuz in 30 Days
On June 12, according to Iran's Mehr News Agency, the memorandum of understanding between the United States and Iran stipulates the reopening of the Strait of Hormuz within 30 days. Bitget market data shows that both U.S. and Brent crude oil futures fell by more than 4% during the day.
08:21
Bank of America: Continued Inflows into US Stocks, Tech Sector Sees Record High Fundraising
Data from Bank of America shows that US equity funds have seen inflows for the 11th consecutive week, marking the longest streak since December of last year. Notably, tech funds have set a new historical record for weekly fundraising. According to EPFR global data cited by Bank of America, for the week ending June 10, equity funds had a net inflow of $31.5 billion, while bond funds saw a net inflow of $20.8 billion. Conversely, money market funds experienced a net outflow of $2.5 billion, commodities-related assets had a net outflow of $2.3 billion, and cryptocurrency assets faced a net outflow of $700 million.
08:10
European Stock Indexes Extend Gains, Germany's DAX30 Index Up Over 2%
BlockBeats News, June 12th, according to Bitget market data, the European stock market indices saw a larger increase, with the Germany DAX30 Index, France CAC40 Index, and Euro Stoxx 50 Index all rising by over 2%.
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