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The Main Polysilicon Futures Contract Fell More Than 3% Intraday, Currently Trading At 34,420 Yuan/ton
The Main Industrial Silicon Futures Contract Fell 2.00% During The Day, Currently Trading At 8540 Yuan/ton
The Main Liquefied Petroleum Gas (LPG) Contract Fell By 2.00% During The Day, Currently Trading At 5668.00 Yuan/ton
The Main Polysilicon Futures Contract Fell 2.00% During The Day, Currently Trading At 34,810 Yuan/ton
Japanese Finance Minister Satsuki Katayama: Our Position Of Being Prepared To Take Decisive Action Remains Unchanged
Japanese Finance Minister Satsuki Katayama: I Believe A Balance Can Be Struck Between Fiscal Sustainability And Measures To Promote The Economy
Japanese Economy And Fiscal Policy Minister Minoru Shirou: Rising Interest Rates Could Affect The Economy Through Various Channels, So Close Attention Is Needed
Japanese Minister Of Economy, Trade And Industry Minoru Jonouchi: I Hope The Bank Of Japan Will Continue To Work Closely With The Government To Jointly Address Deflation In Accordance With The Joint Statement
Japanese Minister Of Economy, Trade And Industry Minoru Shirou: (When Discussing The Prospects For Interest Rate Hikes By The Bank Of Japan) The Specific Monetary Policy Is Determined By The Bank Of Japan
Japanese Economy And Fiscal Policy Minister Minoru Joei: Long-term Interest Rates Are Determined By The Market Through A Variety Of Factors, Including Supply And Demand, And A Moderate Economic Recovery
Japan's M2 Money Supply Grew 2.5% Year-on-Year In May, Compared With The Previous Reading Of 2.30%
CICC: With Peace Talks Stalled And Inventory Drawdowns Accelerating, Oil Prices Are Expected To Rise This Week
There Are Divisions Within The European Union Over Efforts To Advance Russia-Ukraine Negotiations

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BOE Gov Bailey Speaks
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David Schwartz, chief technology officer at Ripple, has reacted to Solana integrating XRP, describing this as a "good thing."
"More XRP ecosystems is a good thing. Letting XRP operate in more environments builds utility, and the XRPL remains the anchor that makes it all work," Schwartz said in a recent social media post.
wXRP, the wrapped token, will allow XRP holders to maintain the same underlying asset while gaining access to Solana’s decentralized finance products.
This means they can lend XRP for yield, provide liquidity in trading pairs with SOL or stablecoins, buy tokenized assets, and interact with Solana DeFi protocols.
Importantly, wXRP is redeemable 1:1 for native XRP, so there is no risk of losing the underlying asset.
wXRP will launch with more than $100 million in total value locked (TVL), according to the announcement.
Mending fences
Vibhu Norby of the Solana Foundation claims that the decision that this step came after engaging with the XRP community and understanding its uniqueness.
"Through the resulting public learning process, I had a chance to meet many OG devs, core community members, memelords, and the team at Ripple itself, and I came to an understanding of the uniqueness of XRP as an asset, and its community," Norby said.
Bitwise CEO Hunter Horsley has envisioned a world where different cryptocurrency ecosystems are collaborating instead of fighting each other.
The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
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