Stock Markets Surge on US-Iran Peace Progress and Soft Japan CPI
Key Takeaways Global equity markets extended their relief rally as optimism over a potential US-Iran peace agreement boosted risk appetite, triggering strong gains in Asian and US stock indices while…
Trump says negotiators are getting closer to Iran deal, media interviews show
Trump says negotiators are getting closer to Iran deal, media interviews show Source link
Japanese Yen: Negative bias against US Dollar fading – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann expect USD/JPY to trade intraday between 158.80 and 159.25 after a brief pop to 159.34 failed to strengthen momentum.…
Copper: Sluggish supply growth offsets risk aversion – Commerzbank
Commerzbank reports Copper has fallen about 5% from mid‑May highs, mainly on higher risk aversion from rising Oil prices. Yet China’s April Copper output dipped 4.5% month-on-month and mining news…
Colombian right-wing presidential hopeful leads poll for runoff vote
Colombian right-wing presidential hopeful leads poll for runoff vote Source link
US Secretary of State Rubio on Iran deal: We are not there yet
United States (US) Secretary of State Marco Rubio said on Friday that they would all love to see an agreement with Iran but added that they are "not there yet,"…
Trump says Iran peace deal is ’largely negotiated’
Trump says Iran peace deal is ’largely negotiated’ Source link
Cliff Notes: Consumers Wonder What’s Next
Key insights from the week that was. In Australia this week, the Westpac-MI Consumer Sentiment Index clawed back only a quarter of April’s collapse, rising 3.5% to 83.0. This leaves…
Eurozone: Weak PMIs and higher inflation forecasts – Rabobank
Rabobank’s Senior Macro Strategist Teeuwe Mevissen reports that Eurozone growth indicators have deteriorated, with French and German PMIs signaling contraction and the German IFO near a five-year low. The European…
Fed’s Waller: Should remove easing bias from statement
Federal Reserve (Fed) Governor Christopher Waller said on Friday that he does not expect to support a change in the policy rate in the near term, adding that the outcome…
