News

```htmlGolden Ten Data reported on June 15 that Deutsche Bank strategists stated European corporate bonds are susceptible to subsequent impacts from the Iran war, and both investment-grade and junk bond spreads are expected to widen by the end of the year. The credit strategy team led by Steve Caprio currently maintains an underweight position in euro-denominated credit within global asset allocation, adopting a more cautious stance compared to dollar-denominated credit. They noted that the aftermath of the Iran war is manifesting more rapidly. “Stubborn inflation, rising shipping costs, potential storage chip shortages affecting key cyclical industries, and ongoing tariff uncertainty are all negative factors, especially in Europe. At least from now until year-end, market prospects mean greater differentiation in credit performance and wider spreads.” The strategists expect euro investment-grade bond spreads to widen nearly 20 basis points to 95 basis points by the end of this year, while junk bond spreads are expected to widen 77 basis points to 345 basis points. For dollar investment-grade bonds, they forecast spreads will moderately widen by 10 basis points to 82 basis points by year-end, and junk bond spreads are expected to widen by 39 basis points.```

Foresight News reported that the Bitget platform officially launched the first phase of the "Community Product Experience Officer Program" today, with the first event running until June 26. The program is open to all users, aiming to collect product feedback, feature suggestions, and bug reports in real scenarios, in order to promote optimization of the trading experience and the development of new features. Submissions will be evaluated based on product value, feasibility, and innovation, with high-quality feedback receiving priority in the product evaluation process, as well as the opportunity to participate in subsequent optimization, testing, and co-creation initiatives, including face-to-face communication with the product team.To encourage community co-creation, the event offers multiple reward mechanisms: users who submit high-quality content can receive up to 3,000 USDT in cash rewards; outstanding participants will also obtain official identity verification, fast-track promotion to the Fan Club, and long-term community co-creation benefits. In addition, users who share the event on social media platforms such as X with the hashtag #BitgetCommunityProductOfficer have a chance to receive a random cash airdrop. For event details and participation, please refer to the official Bitget platform.

The memorandum between the US and Iran has ignited bullish sentiment for gold, but it is just a memorandum.