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Australia PM Albanese to meet with Trump on G7 sidelines in Canada
SYDNEY, June 15 (Reuters) - Australia's Prime Minister Anthony Albanese said he would meet with U.S. President Donald Trump at the Group of Seven summit in Canada for talks on the AUKUS defence pact and tariffs, in what will be the first face-to-face meeting between the two leaders.Albanese, who...Reuters
2 hours ago
Colombia raises 2025 inflation, deficit projections
By Carlos Vargas and Nelson Bocanegra BOGOTA, June 13 (Reuters) - Colombia's finance ministry on Friday significantly increased its 2025 inflation estimate and confirmed a rise in its fiscal deficit projection, as Latin America's fourth-largest economy faces lower tax revenue, high debt a...Reuters
Fri, Jun 13
WRAPUP 22-Iran strikes back at Israel with missiles over Jerusalem, Tel Aviv
LATEST DEVELOPMENTS:Iran launches hundreds of missiles after Israeli strikes on nuclear siteIsrael aims to prevent Iran from building nuclear weapons, Netanyahu saysTrump urges Tehran to halt bombing by reaching nuclear dealIran's Supreme Leader accuses Israel of initiating war, vows painful rev...Reuters
Fri, Jun 13
Busiest US seaport takes hit from 145% China tariffs, worries remain
May imports to Port of Los Angeles down 9% year-on-yearIncoming cargo due to rebound after China tariffs lowered to 30% from 145%Industry expects 2025 forecasts to decline from 2024 levelBy Lisa Baertlein LOS ANGELES, June 13 (Reuters) - Imports to the busiest U.S. seaport at Los Angeles dropped ...Reuters
Fri, Jun 13
ADVISORY-Holiday schedule for major US economic, other data
The Juneteenth federal holiday on Thursday, June 19 will affect the release schedule of some major economic, energy and commodities reports from Washington during the latter half of the June 15 week. Below is the schedule for the week. Times in EDT/GMT.Some Treasury announcements are subject to chan...Reuters
Fri, Jun 13
TREASURIES-US yields rise as markets react to Middle East conflict
Israel's strike on Iran raises oil prices, rekindles inflation concernsBump in consumer sentiment little noticed by marketsAnalyst says markets less susceptible due to strong U.S. economy, steady oil supply June 13 (Reuters) - U.S. Treasury yields rose Friday afternoon, on track to snap a fou...Reuters
Fri, Jun 13
Skadden law firm fellowship revamps application to omit 'racial justice,' 'equity'
By David Thomas June 13 (Reuters) - The Skadden Foundation, a public interest law fellowship program entirely funded by law firm Skadden Arps, has altered its application criteria to remove language related to racial justice and other topics that became flashpoints for U.S. law firms under the Tr...Reuters
Fri, Jun 13
May imports drop 9% at busiest US seaport on 145% China tariffs
By Lisa Baertlein LOS ANGELES, June 13 (Reuters) - Imports to the busiest U.S. seaport at Los Angeles dropped 9% year-on-year in May, offering insight into how many shipments were canceled or put on hold after President Donald Trump slapped tariffs of 145% on goods from China.China is the top U.S...Reuters
Fri, Jun 13
WRAPUP 1-US consumer sentiment improves; tariff anxiety lingers
Consumer sentiment index jumps 16% in JuneInflation expectations were moderateConsumers remain guarded about economy's trajectoryBy Lucia Mutikani WASHINGTON, June 13 (Reuters) - U.S. consumer sentiment improved for the first time in six months in June as trade tensions between the U.S. and C...Reuters
Fri, Jun 13
Brazil's services activity enjoys boost from Lady Gaga's free concert, holidays
By Rodrigo Viga Gaier and Camila Moreira RIO DE JANEIRO/SAO PAULO, June 13 (Reuters) - Lady Gaga's massive free concert in Rio de Janeiro and a series of holidays likely provided a boost to Brazil's services activity in April, statistics agency IBGE said on Friday, as it reported the key ...Reuters
Fri, Jun 13
Skadden law firm fellowship revamps application to omit 'racial justice,' 'equity'
By David Thomas June 13 (Reuters) - The Skadden Foundation, a public interest law fellowship program entirely funded by law firm Skadden Arps, has altered its application criteria to remove language related to racial justice and other topics that became flashpoints for U.S. law firms under the Tr...Reuters
Fri, Jun 13
TREASURIES-US yields rise as markets react to Middle East conflict
Israel's strike on Iran raises oil prices, rekindles inflation concernsAnalyst surprised by lack of safe-haven bid for US debtSays US yield curve may flatten if oil prices rise further June 13 (Reuters) - U.S. Treasury yields rose on Friday after Israel's strike on Iran, as markets absorb...Reuters
Fri, Jun 13
US consumer sentiment improves in June
WASHINGTON, June 13 (Reuters) - U.S. consumer sentiment improved for the first time in six months in June, but that could be temporary after Israel launched missile strikes against Iran, boosting oil prices.The University of Michigan Surveys of Consumers on Friday said its Consumer Sentiment Index j...Reuters
Fri, Jun 13
Fed to keep rates steady as tariffs, possible oil shock counter inflation data
Central bank's policy rate likely to stay in 4.25%-4.50% rangeTrump demands rates be cut by full percentage pointNew Middle East conflict could add another dose of cautionBy Howard Schneider WASHINGTON, June 13 (Reuters) - The Federal Reserve is widely expected to hold interest rates steady n...Reuters
Fri, Jun 13
FACTBOX-Major brokerages retain Fed rate cut expectations ahead of policy meeting
June 13 (Reuters) - Most Wall Street brokerages kept their forecasts for rate cuts by the U.S. Federal Reserve unchanged after key economic readings, while investors shifted focus to next week's monetary policy meeting.U.S. consumer prices rose less than expected in May, while job growth slowed ...Reuters
Fri, Jun 13
USD strengthens on geopolitical risks as oil offers CAD support – Scotiabank
The US Dollar (USD) is strengthening broadly on the back of geopolitical tensions as market participants respond to news of Israeli airstrikes launched against Iran, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Fri, Jun 13
USD/CNH: Likely to trade in a range between 7.1700 and 7.1950 – UOB Group
US Dollar (USD) is likely to trade in a range between 7.1700 and 7.1950. In the longer run, USD has likely moved into a 7.1620/7.2200 range trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Jun 13
