ING claims Red Sea shipping risks push up oil prices, Brent crude oil prices fluctuate

The survey released by the European Central Bank on Friday showed that inflation expectations in the eurozone have remained largely unchanged over the past three months, with an expected average inflation rate of 2.7% this year, an estimated inflation rate of 2.2% in 2027, and an inflation rate of 2% and expected to remain at that level in 2028.

The Hong Kong Securities and Futures Commission has issued a revised circular, stipulating that leveraged and reverse products with high capacity affected by market conditions must adopt flexible leverage structures. Under this structure, the leverage ratio can be adjusted daily within the existing upper limit (i.e. 2 times for leveraged products and -2 times for reverse products). Product providers may lower their target leverage ratio as necessary to manage products during periods of high trading volume. The leverage ratio of the product on the next trading day will be disclosed after the daily closing. The potential daily adjustment of leverage ratio reminds investors that leverage and reverse products are single day products and are not suitable for holding for more than one day. (Hong Kong Securities and Futures Commission)

According to FinnceFeeds, the Standing Committee on Finance of the Indian Parliament has recommended that the government establish a temporary regulatory mechanism led by self regulatory organizations (SROs) to oversee the domestic cryptocurrency and virtual digital asset markets. The committee pointed out that the lack of a clear legal framework poses operational, custodial, and fraud risks to retail investors. SRO will implement codes of conduct under the direct supervision of the Reserve Bank of India or the Securities and Exchange Commission of India, covering consumer protection, platform transparency, token disclosure standards, auditing exchange reserves, segregating customer funds from corporate funds, and establishing complaint channels. Temporary SROs need to operate under the supervision of the central bank or the China Securities Regulatory Commission to address macroeconomic risks such as cross-border capital flows, stablecoin dollarization, tax evasion, and violations of foreign exchange management laws.

The New Jersey Police and Firefighters Retirement Fund, which manages $33 billion in assets, has increased its Strategy holdings to 49055 shares worth $4.66 million.

[A Whale Opens a 3x Leverage Long Position, Buying 25,961 MU] According to monitoring by Lookonchain, a whale who previously profited from MU trades has opened a 3x leverage long position, purchasing 25,961 MU, valued at approximately $25.2 million. The whale has completed four MU long trades, all profitable, with total earnings of approximately $2.28 million.