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BlockBeats News, June 26th, according to Bitget market data, the Nikkei 225 Index opened down 668.60 points, a decrease of 0.92%, to 71,697.74 points; the South Korean KOSPI Index opened lower, with the intraday decline now reaching 2.00%.

According to Golden Ten Data on June 26, a research report from CITIC Securities stated that the US Dollar Index has recently strengthened rapidly, resulting in a drop in gold prices below the $4,000 per ounce threshold. The market’s diminished concerns over inflation have not led to a depreciation in the dollar. We believe that while “re-dollarization” in the political sphere can partially explain the recent strength of the dollar, the more significant driving factor should be market expectations of tightening US dollar liquidity. We anticipate that the US Dollar Index will remain supported for the remainder of the year, but it will be difficult for it to sustain further rallies. The next US inflation data may serve as a catalyst for market participants to adjust their trading strategies.

Glonghui, June 26 — According to a research report by China Industrial Securities, Micron Technology is promoting the implementation of long-term agreements, and the supply-demand gap is expected to persist. Micron Technology has completed 16 SCA (Strategic Customer Collaboration Agreements) with clients, covering data centers, consumer electronics, and the automotive market downstream. Among these SCAs, automotive clients signed for three years, while most other clients signed for five years. The 16 SCAs already account for 20% of Micron's DRAM shipments and one third of its NAND shipments. The lower limit of the price range in the SCAs signed by Micron can also deliver profitability exceeding the previous cycle's peak. Micron expects DRAM and NAND supply to remain tight into 2027. China Industrial Securities believes that the supply in the storage industry will likely remain tight, and Micron Technology is expected to maintain high profitability. By signing long-term agreements with downstream clients, Micron Technology is likely to reduce cyclical fluctuations in its product shipment prices and lower the cyclicality of its performance.