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EU dismisses reports that it is ready to accept flat 10% U.S. tariff
BRUSSELS, June 16 (Reuters) - The European Commission dismissed on Monday reports suggesting it was willing to accept a broad U.S. tariff of 10% on EU goods as speculative and said they did not reflect current discussions. "Negotiations are ongoing, and no agreement has been reached at th...Reuters
Mon, Jun 16
Trump urges Iran to negotiate, floats G7 shake-up
US President Donald Trump said that "Iran is not winning this way," adding that they should talk "before it's too late." He said that Iranians want to talk about a de-escalation. He also delivered some trade comments focused on Canada.Fxstreet
Mon, Jun 16
TREASURIES-US yields fall on report Iran seeks end to hostilities
Investors worry Middle East conflict will increase inflationUS Treasury to sell $13 billion in 20-year bonds on MondayFed's rate projections will be focus of meeting ending WednesdayBy Karen Brettell June 16 (Reuters) - U.S. Treasury yields fell on Monday on a report that Iran has been urgent...Reuters
Mon, Jun 16
Euro area government bond yields edge lower, oil prices and Fed in focus
By Stefano Rebaudo June 16 (Reuters) - Euro area government bond yields edged lower on Monday, as inflation fears faded after oil prices stabilised, with investors awaiting the Federal Reserve's policy meeting later this week.Iranian missiles struck Israel overnight, fuelling concerns among w...Reuters
Mon, Jun 16
TREASURIES-US yields edge up on inflation concerns, before 20-year auction
Investors worry Middle East conflict will increase inflationUS Treasury to sell $13 bln 20-year bonds on MondayRate projections focus for Fed meeting that concludes WednesdayBy Karen Brettell June 16 (Reuters) - U.S. Treasury yields edged higher on Monday on concerns that the conflict in the Midd...Reuters
Mon, Jun 16
Investment flows in 2023 into developing countries at lowest since 2005, World Bank says
FDI flows into advanced economies at lowest level since 1996Countries should ditch trade restrictions, chief economist saysTrade tensions, uncertainty depress outlook for FDIBy Andrea Shalal WASHINGTON, June 16 (Reuters) - Foreign direct investment flows into developing economies dropped to $435 ...Reuters
Mon, Jun 16
Canadian home sales rise, prices flat in May on a monthly basis
OTTAWA, June 16 (Reuters) - Canadian home sales rose 3.6% in May from April and were down 4.3% on an annual basis, data from the Canadian Real Estate Association showed on Monday.The industry group's Home Price Index was almost unchanged on the month and was down 3.5% annually, while the nation...Reuters
Mon, Jun 16
Brazil's economic activity exceeds expectations ahead of interest rate decision
BRASILIA, June 16 (Reuters) - Brazil's economic activity grew more than expected in April, according to central bank data released on Monday, reinforcing signs of resilience despite elevated borrowing costs ahead of the central bank's key interest rate decision this week. The IBC-B...Reuters
Mon, Jun 16
Canadian housing starts largely flat in May from April - CMHC
OTTAWA, June 16 (Reuters) - Canadian housing starts were largely flat in May compared with April as a slight rise in groundbreaking in multiple unit urban homes was offset by a marginal drop in starts in single-family detached urban homes, national housing agency data showed on Monday.The seasonally...Reuters
Mon, Jun 16
USD: Dollar rebound has been lacklustre – ING
This was always meant to be a very busy week for markets, as a few key central bank meetings – including the Federal Reserve's – were set to refresh the market understanding of policymakers’ stance on the inflation-growth balance in the second month of global US protectionism.Fxstreet
Mon, Jun 16
Euro area government bond yields edge up, oil prices and Fed in focus
By Stefano Rebaudo June 16 (Reuters) - Euro area government bond yields pared their rise on Monday, as inflation fears faded after oil prices stabilised, with investors awaiting the Federal Reserve's policy meeting later this week.Iranian missiles struck Israel overnight, fuelling concerns am...Reuters
Mon, Jun 16
