In the past hour, total liquidations across the network reached $10.47 million, with $5.21 million from long positions, with $5.26 million from short positions. BTC liquidation $882,370.24, ETH liquidation $416,863.93.

According to the average forecast of 17 analysts, the Stoxx Europe 600 index is projected to reach 623 points by the end of 2026, approximately 1% higher than Wednesday's closing price. The index has largely recovered from losses incurred due to the Iran war, but strategists say this rebound appears unsustainable as the full impact of rising energy costs has yet to materialize. Deutsche Bank, DekaBank, UBS, and UniCredit all moderately lowered their index targets in their latest surveys, with HSBC being the most bullish, forecasting 670 points, implying an 8% increase. TFS Futures and Bank of America remain the most bearish strategists, predicting a potential 9% decline in the index. (Jinshi)

According to the average forecast of 17 analysts, the Stoxx Europe 600 index is projected to reach 623 points by the end of 2026, approximately 1% higher than Wednesday's closing price. The index has largely recovered from losses incurred due to the Iran war, but strategists say this rebound appears unsustainable as the full impact of rising energy costs has yet to materialize. Deutsche Bank, DekaBank, UBS, and UniCredit all moderately lowered their index targets in their latest surveys, with HSBC being the most bullish, forecasting 670 points, implying an 8% increase. TFS Futures and Bank of America remain the most bearish strategists, predicting a potential 9% decline in the index. (Jinshi)

According to a UBS research report cited by Odaily Planet Daily, the Federal Reserve remains on track for further easing. Fed Chairman Powell recently downplayed the need to tighten monetary policy due to rising energy prices, noting that policymakers typically "ignore" supply shocks such as soaring oil prices, especially when inflation expectations remain firmly under control. While the Fed is still seeking further evidence of a sustained decline in core inflation before implementing further easing, we still expect a 50 basis point rate cut later this year. Given that US Treasury yields are significantly higher than pre-conflict levels, we believe there is ample downside potential, and our year-end targets for 2-year and 10-year Treasury yields are 3.25% and 3.75%, respectively. (Jinshi)

Odaily Planet Daily reports that the Iranian Islamic Revolutionary Guard Corps (IRGC) issued a statement on the 17th, saying that the IRGC and the Iranian army are prepared to respond forcefully to any aggression or criminal acts by the enemy. The statement said that the enemy's attempts to invade Iran through land and sea operations and seize Iranian islands in the Persian Gulf have been thwarted. If the enemy dares to make any rash moves in its aggression against Iran, it will undoubtedly face a fatal counterattack from Iran, gaining nothing but self-humiliation and a humiliating strategic defeat. (Xinhua)