News

On June 12, U.S. President Trump announced on social media: "In light of discussions with the Islamic Republic of Iran that have been submitted to and approved by Iran's Supreme Leadership, I, as President of the United States, have canceled the planned strike and bombing operations against Iran scheduled for tonight. The discussions and final points have been approved by all relevant parties, both in principle and in many details, including the United States, Israel, Saudi Arabia, the UAE, Qatar, Turkey, Pakistan, Bahrain, Kuwait, Jordan, Egypt, and other countries. The maritime blockade will remain fully effective until this agreement is formally implemented—the time and location of the signing will be announced soon." Following this news, data from Bitget shows that the three major U.S. stock indices collectively rose, each increasing by over 1%. Bitcoin briefly surged over 1%, currently priced at $63,167. Spot gold saw a short-term increase of $30, breaking through $4,130 per ounce, up 1.4% for the day. WTI crude oil briefly fell by $1, while Brent crude oil's daily decline expanded to $4, currently priced at $89.74 per barrel, down 4.27%.

BlockBeats News, June 12th, the market has shifted the Fed's rate hike expectation from December of this year to January of next year, and the possibility of a rate hike this year is no longer fully priced in. (FX168)

BlockBeats News, June 12th, according to Bitget data, the three major U.S. stock indexes collectively rose more than 1% due to the news of Trump's announcement to cancel the planned strike on Iran tonight. Bitcoin surged over 1% in a short period of time, now trading at $63,167. Spot gold rose by $30 in a short period, breaking through $1,830 per ounce, with a daily increase of 1.4%. WTI crude oil fell by $1 in the short term, while Brent crude oil saw its intraday decline expand to $4, now trading at $89.74 per barrel, down by 4.27%. Earlier reports stated that U.S. President Trump said, "I have called off the strike against Iran planned for tonight. The blockade at sea will remain in full effect until the agreement is completed. The time and place of the agreement signing will be announced soon."