1. According to the World Investment report 2021 released by the United Nations Conference on Trade and Development, global foreign direct investment is expected to bottom out and rebound in 2021, with a growth rate of 10% to 15%, but it will still be about 25% lower than the level of foreign direct investment in 2019.

2. Us drought Monitoring Center: at present, about 88% of the western United States is in drought, and some areas have reached “abnormal drought.” Drought has led to a shortage of local domestic water; the water level of the Hoover Dam is the lowest in history, threatening the safety of local electricity; and agriculture and animal husbandry are facing a great crisis. The governor of Utah has asked people to save water and pray for rain, but the local state government has no better way to deal with it.

3. Central Bank of Korea: while the price rise partly reflects optimism about the economy after the epidemic recedes, some assets may be overvalued; despite an increase in risk appetite in the stock market, the earnings ratio of the stock market is still low compared with other major economies. In the case of encrypted currencies, it is difficult to find reasonable reasons for the sharp rise in the prices of encrypted assets during the epidemic, and the high price volatility of encrypted currencies may have an impact on the stability of the financial system.

4. In May, the median price of existing home sales in the United States exceeded US$350000 for the first time, reaching a record high of US$350300, up nearly 24% from a year earlier. Since breaking through $300000 for the first time in July last year, median house prices have risen sharply. The rise in existing home prices has led to a wait-and-see attitude among more buyers, causing sales of existing homes to fall for four months in a row.

5. India’s clothing industry has lost a large number of orders due to the COVID-19 epidemic. Affected by the epidemic, some multinational clothing retailers have transferred 15% of their orders to other countries. During the second wave of the COVID-19 epidemic, the clothing industry in the knitted clothing city of Tirupur in southern India lost at least 100 billion rupees, or about 8.7 billion yuan. India’s clothing industry provides about 12 million jobs. According to the industry, the blockade has a great impact on the manufacturing industry.

6. The Bank of England: keep the benchmark interest rate unchanged at 0.1%, in line with market expectations, and keep the total size of asset purchases unchanged at £895 billion, in line with market expectations.

7. Korea Statistical Office: in April, South Korea’s population decreased naturally for 18 consecutive months, with 22820 births, a year-on-year decrease of 2.2%, the lowest in the same month since statistics began in 1981. 

8. India proposes to ban time-limited rush buying on e-commerce platforms and prohibit affiliated entities related to e-commerce platforms from becoming sellers. Indian brick-and-mortar retailers are dissatisfied with Amazon, Flipkart and other e-commerce platforms in India, accusing their competitors of unfair competition. If the bill is passed, it means that India will further tighten its e-commerce policy. 

9. The National Association of Realtors: in May, the median price of existing home sales in the United States broke through $350000 for the first time, reaching a record high of $350300, up nearly 24% from a year earlier. Since breaking through $300000 for the first time in July last year, median house prices have risen sharply. The rise in existing home prices has led to a wait-and-see attitude among more buyers, causing sales of existing homes to fall for four months in a row. 

10. From June 26 to 27, California will face record high temperatures, which could put pressure on California’s power supply system for several days. At that time, the temperature from the Northwest Pacific to California will be 11-17 degrees Celsius higher than the usual average, and the hot weather will continue into next week. Last week, the highest temperature in parts of California reached about 43 degrees Celsius.