June 18, Wednesday

High-Level Voices: 
Trump posted on social media: "We now have complete air superiority over Iran," and "The U.S. knows exactly where Iran's Supreme Leader Khamenel is, but we will not assassinate him at this time. However, the U.S. does not want missiles targeting civilians or U.S. forces. "

Overall Sentiment: 
Global attention remains on the Middle East, with Israel continuing airstrikes on Iran. Iran seems to have few options left but refuses to surrender. A newly appointed leader was recently killed, leaving unconditional surrender as seemingly the only path. International oil and gold prices have started to decline. 
A-shares and H-shares tell without clear catalysts, with oil and gas extraction being the best-performing sector. It feels like China's capital markets are reacting half a step slower than other regions.