On July 6th, the Hong Kong Stock Exchange's US dollar gold futures recorded 6676 contract transactions during the daytime trading session, setting a new historical high and surpassing the record of 3039 contract transactions recorded on November 7th, 2022. The bid ask spread of the August contract was as low as 0.01 US dollars, and the bid ask spread of the December contract was as low as two jumping points.

According to Bloomberg, US Securities and Exchange Commission documents show that data center operator Csquare plans to go public on the New York Stock Exchange with the stock code CSQR, issuing 50 million shares at a price range of $23 to $27 per share, raising a maximum of $1.35 billion, and valuing it at approximately $4.18 billion.

The China Payment and Clearing Association has issued a warning on preventing cross-border gambling fraud related to virtual currency recharge, reminding the public to enhance their awareness of anti fraud and anti gambling, as well as their ability to prevent fraud. It also points out that participating in virtual currency gambling and providing fund settlement for gambling activities are illegal and irregular behaviors.

Goldman Sachs expects the South Korean KOSPI index to reach 12000 points in the next 12 months. Samsung Electronics will announce its performance on Tuesday, and SK Hynix will advance its $29 billion US IPO.

According to CoinDesk, Bitcoin rose nearly 7% in the week ending July 5th, recording its strongest weekly performance since March, driven by falling inflation expectations. The two-year break even inflation rate has fallen below 2%, and WTI crude oil prices have dropped to pre February levels due to geopolitical conflicts. The market is paying attention to the US June CPI data on July 14th to determine the path of inflation and the direction of risk assets.