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08:10
U.S. Energy Secretary Granholm warns EU of tight natural gas supply
US Secretary of Energy Wright warns EU of tight natural gas supply
08:07
Germany's Composite PMI Drops to 48 in June, Marking the Largest Contraction of Private Sector Activity in 2024
⑴ Germany's Composite PMI dropped from 48.8 in May to 48 in June 2026, below the market expectation of 49.9. This reading indicates that private sector activity has contracted for the third consecutive month and represents the largest decline since December 2024. ⑵ The decline was mainly dragged down by the services sector, with the Services PMI falling from 48.1 to 46.8, hitting a 43-month low. Meanwhile, manufacturing output expanded at a slightly faster pace (50.4 in May and 50.8 in June). The weakness reflects subdued underlying demand, with new business inflows declining for the fourth consecutive month, posting the largest drop since December 2024 due to deteriorating economic conditions and increased market uncertainty. ⑶ Private sector employment also continued to decline. Meanwhile, inflationary pressures eased further, with the growth rate of input costs and output prices at the slowest in four and three months, respectively. In addition, business expectations have also weakened.
08:06
Charles Schwab: Retail investors are currently more focused on trading technology stock ETFs rather than individual stocks
```htmlGolden Ten Data reported on June 23 that on Monday, investors rushed to sell shares of the "US Big Seven" stocks, and SpaceX also plunged 16%, marking its third consecutive trading day of losses. "Anything related to artificial intelligence and technology remains a focal point for retail investors. They used to be very active in trading individual stocks, but now they are not as enthusiastic as before," said Liz Ann Sonders, Chief Investment Strategist at Charles Schwab. "This doesn’t mean they are uninterested in the technology or AI sector overall, but rather their trading habits have changed. I believe the focus is now shifting more toward broader ETF trading than buying and selling individual stocks." Sonders also mentioned that corporate earnings are currently the most important fundamental factor supporting stocks.```
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