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China's extended 618 shopping fest fails to stir excitement
Budget-conscious buyers not enticed by longer 618 eventRetail sales growth in May driven by early 618 startSubsidy suspension may impact June retail sales, analysts sayBy Sophie Yu and Casey Hall BEIJING, June 19 (Reuters) - China's biggest mid-year shopping festival, 618, ended on Wednesday ...Reuters
Thu, Jun 19
Japan plans to cut super-long bond sales by 10% to alleviate market concerns - Reuters
The Japanese government plans to reduce sales of super-long bonds by about 10% from the initial plan in a rare revision to its bond programme for the current fiscal year, trimming overall bond issuance as a result, per Reuters.Fxstreet
Thu, Jun 19
Fed’s 2025 PCE Forecast Surpasses 3% – Peter Schiff: Rate Cuts Are the Cause, Not the Cure
TradingKey - Despite U.S. President Donald Trump's claims that high inflation does not exist, and his continued pressure on Federal Reserve Chair Jerome Powell to cut interest rates, the June FOMC meeting's Summary of Economic Projections (SEP) continues to signal rising stagflation risks, with ...TradingKey
Thu, Jun 19
BOJ's gloomy projections suggest no rate hike this year, ex-top economist says
TOKYO, June 19 (Reuters) - The Bank of Japan is likely to hold off raising interest rates this year unless a dramatic, positive turn of events in U.S. tariffs allows it to overhaul gloomy projections made in May, its former top economist Seisaku Kameda said.Reuters
Thu, Jun 19
Brazil central bank raises rates, sees 'very prolonged' pause
BRASILIA, June 18 (Reuters) - Brazil's central bank raised interest rates by 25 basis points on Wednesday and signaled it will keep borrowing costs steady for an extended period, defying expectations that it had already reached the end of its tightening cycle.Reuters
Thu, Jun 19
US President Donald Trump privately approved attack plans for Iran pending final order - WSJ
US President Trump said late Tuesday that he approved of attack plans for Iran, but held it to see if Tehran would abandon its nuclear program, the Wall Street Journal cited individuals familiar with discussions on Trump and Iran.Fxstreet
Thu, Jun 19
Fed's Powell says he expects to see more tariff-driven price hikes in coming months
Powell says consumers will ultimately pay some of Trump tariffsFed chief expects tariff inflation to pick up over summer monthsTariffs take time to work their way to consumers, Powell saysBessent says some firms and foreign producers will eat tariffsBy David Lawder WASHINGTON, June 18 (Reuters) -...Reuters
Wed, Jun 18
