The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
On June 11, the European Central Bank raised its policy rate by 25 basis points, marking its first hike since 2023. The ECB cited the Iran War as the primary reason for the increase, becoming the first major central bank to raise rates in response to new inflation concerns. Meanwhile, Chinese ADRs including BABA, PDD, and JD faced increased pressure and regulatory scrutiny.