🌍 European and American market heavy news overview｜AI giants join forces·Rare earth friction resurfaces·Crypto plummets 🇨🇳 Domestic news 1️⃣ China-Europe export control dialogue held, both sides discussed high-tech and energy export coordination in Brussels. 2️⃣ ICBC resumes gold bar withdrawals after suspension, raising market attention on physical gold demand. 3️⃣ Chow Tai Fook raises prices on some products due to tax policies and gold price changes, effective immediately. 4️⃣ Visa policy further relaxed, China grants visa exemption to Sweden, extends visa exemption for France and other countries until the end of 2026, and resumes group travel to Canada. 5️⃣ China-U.S. rare earth friction escalates, U.S. Treasury Secretary warns that if China restricts exports, tariffs will be increased, China's response: this action harms others and is detrimental to oneself. 🌐 International news 1️⃣ Amazon Web Services signs $38 billion deal with OpenAI, providing long-term computing support to OpenAI, intensifying AI competition. 2️⃣ Microsoft approved to export high-end GPUs to the UAE, A100, H100, H200 chips approved for export, showing slight adjustment in U.S. policy. 3️⃣ Federal Reserve Governor Milan: Multiple rate cuts of 50 basis points may occur, stating no need for aggressive cuts, policy will remain gradual. 4️⃣ OPEC: Oil demand has not peaked, expecting an increase of 1.3 million barrels/day this year, continuing high energy prosperity. 5️⃣ Crypto market sees significant correction, BTC drops below $106,000, ETH falls below $3,600, down nearly 8% in a day. 💬 Brief comment: Global macroeconomic situation is still in the "expectation of easing and adjustment digestion" stage. Short-term fluctuations are normal adjustments, focus on the pace of rate cuts and the three main lines of AI, energy, and crypto. Disclaimer: This article is for reference only and does not constitute investment advice. Markets carry risks, and investments should be cautious.