News
Important Only
EU leaders discuss new US trade proposal as deal clock ticks down
EU faces US tariffs, seeks rebalancing measuresEU considers digital tax on US tech giants as rebalancing optionGermany's Merz calls for quick deal with US But Macron says France will not accept unbalanced deal Zelenskiy urges path for Ukraine EU accession but Hungary opposedBy Andreas Rinke and ...Reuters
Thu, Jun 26
ANALYSIS-Following NATO summit, Trump and Europe still at odds over Putin's ambitions
US, NATO allies disagree on Putin's ultimate aimsRubio says Russia wants Ukrainian territories; Rutte warns of attack on EuropeLack of Russia strategy a blot on otherwise successful summitBy Gram Slattery THE HAGUE, June 26 (Reuters) - For U.S. President Donald Trump, Vladimir Putin is a man ...Reuters
Thu, Jun 26
Bank of Mexico cuts key interest rate to near three-year low
Decision brings rate to lowest in nearly three yearsOne bank governor voted to hold at 8.5%Markets had expected 50 bp cut Central bank still sees inflation trending downPast language about adjusting rate in "similar magnitudes" is absent from statementBy Brendan O'Boyle June 26 (Reute...Reuters
Thu, Jun 26
TREASURIES-Yields fall as markets consider weak jobs data, interest rate cuts timing
Markets speculate about potential announcement by president Donald Trump of his choice to replace PowellData shows more people are staying out of work longer Focus on PCE data expected for Friday after first-quarter GDP revisionDifference in yields between 2-year and 10-year US Treasuries the larges...Reuters
Thu, Jun 26
Bessent says he asked lawmakers to remove tax proposal from US budget bill
June 26 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Thursday that he has asked the Senate and the House to remove a tax proposal known as Section 899 from the budget bill after an agreement with other countries.Section 899 is currently part of Trump's tax-cut and spending bill, and...Reuters
Thu, Jun 26
Forex Today: US PCE readings gather all the attention
The Greenback retreated further and slipped back to levels last seen in March 2022 as fears over the Fed’s independence weighed heavily on investors’ sentiment while traders geared up for the release of extra inflation data on Friday.
Fxstreet
Thu, Jun 26
