[overnight global news you need to know on Saturday] 1. ECB President Christine Lagarde said that inflation is expected to remain high for a very long time and that the ECB is likely to continue to raise interest rates in July. After July, the ECB will adopt a data-dependent approach. 2. The Fed's semi-annual monetary policy report shows that further interest rate increases will be made on a meeting-by-meeting basis; the banking system remains healthy and resilient; and inflation has slowed but is still above the 2% target. 3. Michael Hartnett, a strategist at Bank of America, said that although the S & P 500 entered a technical bull market last week, it was not the beginning of a new rally in US stocks; the current market looks more like a "big rebound before the crash" in 2000 or 2008. 4. Rockefeller Capital Management is recruiting and digging teams from the first Republic Bank and Zuoyi Bank. 5. Suitors at Subway, a fast-food chain, are considering selling $3 billion of securities to raise money for the acquisition. 6. According to the information released by the French Central Seismological Bureau, the earthquake occurred at 18:38 local time (00:38 Beijing time on the 17th), with the epicenter located 26 kilometers southwest of the city of Nior in de Sevre province. 7. Iran exported more than 1.5 million barrels a day of crude oil in May, the highest monthly export since 2018, according to Kpler, a shipping intelligence company, increasing global supply against a backdrop of production restrictions by other oil producers. 8. EU member states have reached a preliminary agreement on expanding the scale of renewable energy, including the possible exemption of ammonia plants from renewable fuel targets, and will set binding targets that renewable energy use will account for 42.5% of EU energy use by 2030. 9. The China Seismological Network officially determined that on June 17, 03:10, an earthquake of magnitude 6.2 occurred in Tonga Islands (23.50 degrees south latitude, 175.70 degrees west longitude) with a focal depth of 20 kilometers. 10. Russian President Vladimir Putin said at the St. Petersburg International Economic Forum on the 16th that more than 80% of the trade settlement between Russia and China is in rubles and RMB. 11. The three major indexes of US stocks collectively closed down, with the Dow down 0.31%, up 1.25% this week; the Nasdaq down 0.68%, up 3.25% this week; and the S & P 500 index down 0.36%, up 2.58% this week. Hot Chinese stocks generally fell, and the Nasdaq China Golden Dragon Index fell 1.09%, up 5.53% this week. 12. WTI July crude oil futures closed up 1.64% at US $71.78 per barrel, while Brent August crude oil futures closed up 1.24% at US $76.61 per barrel. COMEX August gold futures closed up 0.03% at $1971.2 an ounce.