US Stock Futures Dive Further

June 18 – Jeffrey Gundlach, CEO of DoubleLine Capital and widely known as the “New Bond King,” told CNBC in a recent appearance that new Federal Reserve Chair Kevin Warsh’s hawkish signal came in stronger than many investors had expected. Gundlach highlighted that Warsh’s repeated emphasis on the Fed’s price stability target reduces the risk of overly loose monetary policy that could reignite inflation, which he said strengthens the case for holding long-term U.S. Treasuries. He added that Warsh has effectively staked his professional reputation on controlling inflation, making a significant interest rate cut far less likely. Currently, U.S. short-term interest rate futures reflect a higher probability of the Federal Reserve raising rates before September than keeping rates unchanged.

On June 18, U.S. President Donald Trump took to social media to announce his plan to bring the semiconductor industry back to America, stating, “It is now clear that America needs to bring the semiconductor industry back to the U.S. We have designed everything, and we need to manufacture in the U.S. now. So I have decided to help Intel, because we need to design and manufacture our chips in America.” To carry out this goal, a series of key partnerships have been finalized: NVIDIA has agreed to collaborate with Intel to produce its top-tier chips; Musk will build TerraFab—the world’s largest chip factory—in partnership with Intel’s technical team; and Apple has signed on to work with Intel to design and manufacture its chips within the U.S. As part of the U.S. government’s support for Intel, the government secured a 10% equity stake in the company. When the government’s offer was extended, Intel was valued at roughly $100 billion. Today, Intel’s valuation has surged to over $600 billi

**June 18 (Financial Times) – Major Wall Street financial firms are ramping up pressure on U.S. regulators, warning that proposed global bank capital rules under the Basel Accord could crimp liquidity in the $29 trillion U.S. Treasury market and urging authorities to rethink the proposal’s market risk controls. Worries about potential instability in that massive Treasury market have become the U.S. banking industry’s latest lobbying priority as Washington works to roll out post-2008 global financial regulatory standards. Under pressure from banks, the Federal Reserve and other regulators have significantly watered down the original draft. The final rules are now expected to not drastically lift overall capital requirements for U.S. banks, and may even reduce required capital levels. Even so, Wall Street firms aren’t done pushing for changes. In a recent letter, eight large U.S. banks estimate the latest proposal would boost capital requirements for their banking operations by 30% to

June 18. According to official announcements from Binance Wallet, the 8th Pre-TGE Prime Sale event project—RE Token (ticker: RE)—will kick off trading on June 18, 2026, at 8:00 PM (UTC+8). Users who have claimed their Prime Sale Keys can check their RE token balances and trade the asset via their Binance Alpha accounts at the scheduled time.

June 18: Citigroup now projects the Federal Reserve will deliver three 25-basis-point interest rate cuts—arriving in October and December of 2026, plus January 2027. The bank’s earlier forecast had penciled in rate reductions for September, October, and December of this year.

Per HTX market data, Bitcoin fell below $64,000 on June 18, trading at $63,915 as of press time, down 2.88% over the past 24 hours.