--- title: "Global news you need to know before the U.S. stock market opens on Tuesday" type: "News" locale: "en" url: "https://longbridge.com/en/news/245913915.md" description: "Federal Reserve Chairman Jerome Powell reiterated that there is no rush to cut interest rates, waiting for clarity on tariff impacts. Germany raised its budget deficit forecast, with defense spending reaching 3.5% of GDP. The European Central Bank may cut interest rates in the next six months. Japan's 20-year government bond auction saw a record subscription multiple. The Deputy Governor of the Bank of Korea hopes to introduce stablecoins. Jensen Huang reduced his holdings in NVIDIA stock, potentially cashing out $865 million by the end of the year. Tencent's major shareholder Naspers is considering reducing its stake in Meituan. The Nikkei 225 index, Shanghai Composite Index, and Hang Seng Index all rose" datetime: "2025-06-24T13:03:46.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/245913915.md) - [en](https://longbridge.com/en/news/245913915.md) - [zh-HK](https://longbridge.com/zh-HK/news/245913915.md) generator: "portal-rs" --- # Global news you need to know before the U.S. stock market opens on Tuesday Federal Reserve Chairman Jerome Powell reiterated that the Fed is not in a hurry to cut interest rates and is waiting for clarity on the impact of tariffs. Federal Reserve's Bostic stated that inflation may rebound and that the impact of tariffs should continue to be monitored. After the ceasefire, conflict reignited between Israel and Iran, with Trump claiming both sides violated the ceasefire agreement and demanding Israel stop dropping bombs. "De-banking"! The U.S. banking industry has become Trump's next target. Germany significantly raised its budget for fiscal deficits over the next four years, with defense spending reaching 3.5% of GDP. European Central Bank Governing Council member Villeroy: Despite fluctuations in oil prices, the ECB may still cut interest rates in the next six months. Japan's 20-year government bond auction subscription ratio hit the highest level since March, but remains below the average of the past 12 months. South Korea's central bank vice governor: hopes to gradually introduce stablecoins, preferably starting with trials in banks. Jensen Huang began to reduce his holdings in NVIDIA stock, potentially cashing out $865 million by the end of the year. Shareholders become competitors! Tencent's major shareholder Naspers is considering reducing its stake in Meituan and fully supporting its star asset iFood. Nikkei 225 index closed up 1.1%; Shanghai Composite Index closed up 1.15%; Hang Seng Index closed up 2.06% ### Related Stocks - [NPSNY.US](https://longbridge.com/en/quote/NPSNY.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [YCS.US](https://longbridge.com/en/quote/YCS.US.md) - [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md) - [03115.HK](https://longbridge.com/en/quote/03115.HK.md) - [00700.HK](https://longbridge.com/en/quote/00700.HK.md) - [03690.HK](https://longbridge.com/en/quote/03690.HK.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [CRCL.US](https://longbridge.com/en/quote/CRCL.US.md) - [NVDY.US](https://longbridge.com/en/quote/NVDY.US.md) ## Related News & Research - [Could buying Nvidia today set you up for life?](https://longbridge.com/en/news/298279248.md) - [Massive news for Nvidia stock investors](https://longbridge.com/en/news/298389866.md) - [Prediction: Sept. 10 will be a big day for Nvidia shareholders. Here’s what to watch.](https://longbridge.com/en/news/298379091.md) - [Nvidia returned $26 billion to shareholders last quarter alone. Here's what that buys you as an investor.](https://longbridge.com/en/news/298655305.md) - [Nvidia is one of the most profitable businesses in the world. Here's why the stock is worth $311 a share right now -- 39% more than its share price.](https://longbridge.com/en/news/298643190.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**