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USD/CNH: Likely to trade in a range of 7.1700/7.1900 – UOB Group
US Dollar (USD) is likely to trade in a range of 7.1700/7.1900 against Chinese Yuan (CNH). 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, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, Jun 10
CNY: Record surplus and deflation – Commerzbank
According to Bloomberg, Chinese exports rose by 4.8% year-on-year in US dollar terms in May, which was slightly below the consensus forecast of 6%. However, imports fell much more sharply than expected, declining by 3.4% year-on-year.
Fxstreet
Tue, Jun 10
US labour market: everything remains different – Commerzbank
Commerzbank's position with regard to the unemployment rate is very similar to last year's and currently stands at 4.2%, having changed very little in recent months. A year ago, it was 4.0%, rising only very slowly in the preceding months.Fxstreet
Tue, Jun 10
US and China to continue talks today – Commerzbank
On Monday, representatives from the US and China met in London for trade talks. Prior to the meeting, it was reported that Chinese exports had increased by 5.4% in May. However, exports to the US slumped by over 34%, marking the sharpest decline since the start of the pandemic.Fxstreet
Tue, Jun 10
RPT-PREVIEW-Looming US Treasury debt auctions an important sentiment test
US to sell $119 billion in Treasury notes, bonds this weekAuction stats show demand remains steady overallUS 30-year bonds in focus as fiscal concerns weighBy Gertrude Chavez-Dreyfuss NEW YORK, June 9 (Reuters) - U.S. Treasury auctions of notes and bonds this week are even more in focus than usua...Reuters
Tue, Jun 10
US small business sentiment improves in May, but uncertainty rising
WASHINGTON, June 10 (Reuters) - U.S. small-business confidence improved in May, likely because of a de-escalation in trade tensions between Washington and China, though uncertainty over the outlook mounted amid worries over the fate of President Donald Trump's tax-cut agenda.The National Federat...Reuters
Tue, Jun 10
Greek industrial output drops 4.3% y/y in April
June 10 (Reuters) - Greek industrial output declined by 4.3% year-on-year in April, after an downwardly revised 1.6% increase in March, data from statistics service ELSTAT showed on Tuesday.A breakdown of index components showed manufacturing production fell 1.1% from the same month in 2024. Electri...Reuters
Tue, Jun 10
Greek EU-harmonised inflation rises to 3.3% y/y in May
June 10 (Reuters) - Greece's annual EU-harmonised inflation accelerated to 3.3% in May from 2.6% in April, data showed on Tuesday.Month-on-month consumer inflation rose by 0.4%The cost of food and non-alcoholic beverages rose 3.1% year-on-year in May, with prices of housing up by 8.0%, the data ...Reuters
Tue, Jun 10
