News
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China urges Canada to 'correct wrongdoing' over Hikvision shutdown
BEIJING, June 30 (Reuters) - China's commerce ministry on Monday urged Canada to "immediately correct its wrongdoings" after Ottawa ordered the Chinese company Hikvision 002415.SZ to cease operation in the country, citing national security concerns.In a statement published on its website...Reuters
Mon, Jun 30
RUB: Crisis whispers on the side of the road – Commerzbank
We have long argued that the rouble exchange rate (versus hard currencies such as the US dollar or euro) is a ‘technical fix’ or artificial exchange rate. This is because Russia's central bank itself and the Moscow exchange are sanctioned against trading in hard currencies.Fxstreet
Mon, Jun 30
Euro zone yields drop slightly, trade talks, US data in focus
By Stefano Rebaudo June 30 (Reuters) - Euro zone government bond yields edged down on Monday as investors slightly increased bets on European Central Bank rate cuts after inflation data from German states.Inflation fell in three important German states in June, suggesting the country's nation...Reuters
Mon, Jun 30
Trump's 'big, beautiful' bill set to further tarnish Treasuries' lustre overseas
German bunds seen as safe haven amid U.S. fiscal concernsTreasuries volatile since April, with May peak in 10-year yieldsU.S. debt quadruples to $36 trillion in less than a decade By Rocky Swift and Vidya Ranganathan TOKYO/SINGAPORE, June 30 (Reuters) - As the Trump administration's "big,...Reuters
Mon, Jun 30
China: Economic momentum likely sustained in June – UOB Group
Both the CFLP manufacturing and non-manufacturing PMIs added 0.2 pt from May. The contraction in manufacturing activity eased as frontloading continued while non-manufacturing expanded at a slightly faster pace due to a rebound in construction, UOB Group's economist Ho Woei Chen reports.Fxstreet
Mon, Jun 30
China: C/A surplus likely to widen to a decade high – Standard Chartered
Goods trade surplus could narrow in H2 on normalisation of front-loaded exports, pick-up in imports. The tourism trade deficit may narrow in 2025 as China’s visa-free policy boosts inbound tourism, Standard Chartered's economists report.Fxstreet
Mon, Jun 30
German retail sales fall unexpectedly in May
By Rene Wagner BERLIN, June 30 (Reuters) - German retail sales unexpectedly fell by 1.6% in May compared with the previous month, statistics office data showed on Monday, dampening hopes for strong growth in the second quarter for Europe's largest economy. Analysts polled by Reuters had predi...Reuters
Mon, Jun 30
