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Euro zone long-dated yields fall, inflation below ECB target
Japanese auction lifts sentimentMay EZ inflation comes in coolMarkets look ahead to Thursday's ECB meetingBy Lucy Raitano LONDON, June 3 (Reuters) - Long-dated euro zone government bond yields fell on Tuesday, as slowing euro zone inflation buoyed expectations for a European Central Bank rate...Reuters
Tue, Jun 3
TREASURIES-US yields slightly lower after data as trade talks eyed
Investors await updates on tariff talks and budget negotiationsLabor market data shows job openings rise, but layoffs also increaseFed officials indicate patient approach, possible rate cuts this yearBy Chuck Mikolajczak NEW YORK, June 3 (Reuters) - Longer-dated U.S. Treasury yields were mostly l...Reuters
Tue, Jun 3
US factory orders slump in April
WASHINGTON, June 3 (Reuters) - New orders for U.S.-manufactured goods dropped sharply in April and business spending on equipment appeared to have lost momentum at the start of the second quarter as the boost from front-loading of purchases ahead of tariffs faded.Factory orders fell 3.7% after an un...Reuters
Tue, Jun 3
Fed’s Bostic: The best approach for monetary policy is patience
Atlanta Federal Reserve President Raphael Bostic indicated that a robust economy provides the US central bank with the opportunity to consider the effects of tariffs on inflation and growth, while also expressing openness to the potential for a single interest rate cut later this year.Fxstreet
Tue, Jun 3
US job openings rebound in April; layoffs pick up
WASHINGTON, June 3 (Reuters) - U.S. job openings increased in April, but layoffs picked up in a move consistent with a slowing labor market amid a dimming economic outlook because of tariffs.Job openings, a measure of labor demand, rose 191,000 to 7.391 million by the last day of April, the Labor De...Reuters
Tue, Jun 3
Fed's Bostic says current uncertainty calls for patience on rate policy
Fed's Bostic says uncertainty calls for policy patienceBostic remains open to rate cut this year if economy warrants itHe says he is still worried that inflation is too highBy Michael S. DerbyNEW YORK, June 3 (Reuters) - Atlanta Federal Reserve President Raphael Bostic said on Tuesday a strong e...Reuters
Tue, Jun 3
Indonesia vows to provide US tariff preferences before June talks
JAKARTA, June 3 (Reuters) - Indonesia has committed to provide a list of preferred tariffs on U.S. goods before starting a second round of talks with Washington scheduled this month, its senior economy minister said on Wednesday after meeting the U.S. trade envoy.The U.S. was Indonesia's third-b...Reuters
Tue, Jun 3
MS Re CEO: Maintaining discipline a greater challenge to reinsurers than macro environment
By David BullJune 3 - (The Insurer) - Surplus capital of $60 billion to $70 billion poses a bigger challenge to the reinsurance sector than macroeconomic headwinds, MS Reinsurance CEO Robert Wiest told The Insurer, as he said the company remains focused on partnering with the right cedants.Last mont...Reuters
Tue, Jun 3
Brazil's industrial output falls short of expectations in April
SAO PAULO, June 3 (Reuters) - Industrial production in Brazil rose 0.1% in April from March, government statistics agency IBGE said on Tuesday, below the 0.3% increase estimated in a Reuters poll. April was the forth consecutive month of positive results to the Brazilian industry, despite pressures ...Reuters
Tue, Jun 3
Saudi Arabia expected to issue $12.6 billion in bonds until year-end, JPM says
DUBAI, June 3 (Reuters) - Saudi Arabia is expected to issue $12.6 billion in bonds for the remainder of the year, JPMorgan said on Tuesday, as the kingdom resorts to the debt markets amid huge investments to overhaul its economy and lower oil prices.The Gulf country, which forecasts a budget deficit...Reuters
Tue, Jun 3
Euro zone long-dated yields fall, inflation below ECB target
Japanese auction lifts sentimentMay EZ inflation comes in coolMarkets look ahead to Thursday's ECB meetingBy Lucy Raitano LONDON, June 3 (Reuters) - Long-dated euro zone government bond yields fell on Tuesday, as slowing euro zone inflation buoyed expectations for a European Central Bank rate...Reuters
Tue, Jun 3
GBP soft vs. USD but performing relatively well vs. G10 – Scotiabank
Pound Sterling (GBP) is soft, down a marginal 0.2% against the US Dollar (USD) and a relative performer among the G10 in an environment of mild, albeit broad-based USD strength, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Tue, Jun 3
EUR hits fresh one month high ahead of ECB Thursday – Scotiabank
Euro (EUR) is soft, down 0.3% against the US Dollar (USD) and a mid-performer among the G10 currencies, pulling back modestly from its overnight push to a fresh one month high, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Tue, Jun 3
Modi's soaring Indian aviation ambitions face many headwinds
IATA conference in New Delhi highlights India aviation potential Passenger traffic in India expected to triple over next 20 yearsChallenges include plane shortages, infrastructure, regulation By Abhijith Ganapavaram and Nandan Mandayam NEW DELHI, June 3 (Reuters) - Prime Minister Narendra Modi&#...Reuters
Tue, Jun 3
Chinese travel more during Dragon Boat holiday but spending lags
HONG KONG, June 3 (Reuters) - Chinese people travelled more over the three-day Dragon Boat holiday this year, but spending remained below pre-pandemic levels, government data showed on Tuesday - indicators that are closely watched as barometers of consumer confidence. Consumption in the world&#...Reuters
Tue, Jun 3
