News
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Germany's imports from Russia fall by 95% since start of Ukraine war
June 11 (Reuters) - Germany's imports of goods from Russia fell by 95% in the 2021-2024 period while its exports of goods to Russia were cut by 72%, the country's statistics office Destatis reported on Wednesday.The European Union as a whole cut its imports from Russia by 78% and exports by ...Reuters
Wed, Jun 11
Euro zone yields mixed before US data, markets await details on US-China deal
By Stefano Rebaudo June 11 (Reuters) - Euro zone government bond yields were mixed on Wednesday as investors awaited U.S. consumer price index data later in the session and details of the outcome of trade talks between the U.S. and China.U.S. and Chinese officials agreed on a framework to put the...Reuters
Wed, Jun 11
Poland - Factors to Watch June 11
WARSAW, June 11 (Reuters) - The following are significant news stories, press reports and events on Wednesday. ALL TIMES GMT (Poland: GMT + 2 hours):VOTE OF CONFIDENCEA vote of confidence in Poland's government will take place on Wednesday, as Prime Minister Donald Tusk seeks to regain the initi...Reuters
Wed, Jun 11
USD/MXN remains on the defensive near 19.00 ahead of US CPI release
The USD/MXN pair remains on the defensive near 19.05 during the early European session on Wednesday. The Mexican Peso (MXN) strengthens against the US Dollar (USD), its strongest level in more than nine months, bolstered by a potential trade deal between the United States and Mexico.
Fxstreet
Wed, Jun 11
REFILE-WRAPUP 1-Tariffs expected to lift underlying US consumer prices in May
Consumer price index forecast to increase 0.2% in MayCPI estimated to have advanced 2.5% year-on-yearCore CPI seen rising 0.3%; climbing 2.9% year-on-yearBy Lucia Mutikani WASHINGTON, June 11 (Reuters) - U.S. consumer prices likely increased moderately in May amid relatively cheaper gasoline, but...Reuters
Wed, Jun 11
US Dollar Index stays above 99.00 ahead of US CPI data
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the second successive day and trading higher at around 99.10 during the Asian hours on Wednesday.Fxstreet
Wed, Jun 11
Trade war resolution may require concessions from all, ECB's Lagarde says
FRANKFURT, June 11 (Reuters) - Coercive trade policies fail to resolve financial imbalances and the risk of mutual economic damage is so great that all sides need to weigh policy adjustments to resolve tensions, European Central Bank President Christine Lagarde said on Wednesday.The United States se...Reuters
Wed, Jun 11
SOL jumps as SEC asks issuers to resubmit Solana ETF S-1 filings: Blockworks
Solana (SOL) rose 3% on Tuesday following reports that the Securities & Exchange Commission (SEC) asked firms to resubmit their Solana exchange-traded funds (ETF) S-1 filings within the upcoming week, according to Blockworks.
Fxstreet
Wed, Jun 11
US Commerce Secretary Lutnick says reached a framework with China
US Commerce Secretary Howard Lutnick said early Wednesday that the United States and China have reached a framework to implement the Geneva Consensus, but they will go back and see if US President Donald Trump approves it.Fxstreet
Tue, Jun 10
China’s Vice Commerce Minister says talks with US on trade rational and candid
China’s Vice Commerce Minister Li Chenggang said early Wednesday that communication with the United States (US) has been rational and candid, adding that the two sides agreed on a consensus on the Geneva meeting.Fxstreet
Tue, Jun 10
Colombia to raise 2025 fiscal deficit target to 7.1% of GDP, market sources say
BOGOTA, June 10 (Reuters) - Colombia's government will raise its 2025 fiscal deficit target to 7.1% of gross domestic product (GDP), from a current 5.1% of GDP, after the government activated an "escape clause" to suspend its fiscal rule, market sources told Reuters on Tuesday.The new ta...Reuters
Tue, Jun 10
UK's Reeves to make $2.7 trillion bet on 'Britain's renewal'
UK's Reeves to present multi-year spending plans at 1130 GMTGovernment under pressure to boost growth - and poll ratingsPlans include more spending on defence, nuclear power and R&DBy David Milliken LONDON, June 10 (Reuters) - British finance minister Rachel Reeves will divide up more tha...Reuters
Tue, Jun 10
TREASURIES-US yields tread water ahead of inflation, trade news
Auctions to reveal foreign appetite for US debtMarkets calm as inflation data, auctions approachFutures markets point to rate cut in September June 10 (Reuters) - U.S. Treasury yields were little changed on Tuesday afternoon as markets awaited news from U.S.-China trade talks in London and inflat...Reuters
Tue, Jun 10
World Bank cuts global growth forecast as trade tensions heighten uncertainty
World Bank warns of potential global trade collapse amid tariff hikesAdvanced economies' growth forecast lowered, poor countries face prolonged recoveryGlobal inflation expected to reach 2.9% in 2025, above pre-pandemic levelsBy Andrea Shalal WASHINGTON, June 10 (Reuters) - The World Bank on ...Reuters
Tue, Jun 10
