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Global news you need to know before the U.S. stock market opens on Tuesday

Wallstreetcn
Jun 17, 2025 at 01:02 PM

U.S. retail sales in May fell by 0.9% month-on-month, marking the largest decline in two years.
\* Trump: No proactive contact with Iran for "peace talks," "not in the mood"!
\* New Federal Reserve News Agency: If it weren't for tariffs, the Federal Reserve would cut interest rates this week.
\* The Bank of Japan maintains its policy interest rate at 0.5% and will slow down the pace of bond purchase reductions starting in the second quarter of next year.
\* Bank of Japan Governor: Rapidly reducing the scale of bond purchases may undermine market stability; interest rates will be raised if the economic outlook meets expectations.
\* European Central Bank President Lagarde calls on policymakers to seize the opportunity and take decisive action to enhance the global status of the euro.
\* IEA's latest forecast: Global oil market supply will remain ample in 2025, and the oversupply situation may persist for the remainder of this decade.
\* Is a gold peak approaching? Citigroup warns: Gold prices will fall below $3,000 after the third quarter.
\* T-Mobile pre-market fell more than 5% at one point, reports indicate SoftBank plans to sell 21.5 million shares of T-Mobile stock, aiming to raise up to $4.9 billion.
\* Preparing for the domestic Apple smart devices! Alibaba releases upgraded Qwen3: fully compatible with Apple's MLX architecture.
\* MiniMax's first inference model benchmarks against DeepSeeK, with computing costs of only $530,000.
\* The Nikkei 225 index closed up 0.6%; the Shanghai Composite Index closed down 0.04%; the Hang Seng Index closed down 0.34%

Source: Wallstreetcn The copyright of this article belongs to the original author/organization.

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