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RPT-ANALYSIS-As US trade truce gets back on track, some Chinese exporters are 'slowly dying'
U.S.-China trade talks in London expected to restore trade truceBut tariff pain ongoing in China, small exporters strugglingSome firms are selling at a loss, others are delaying wagesWashington likely to use tariff damage on China as leverageBut Beijing can still bear more pain than Washington-analy...Reuters
Wed, Jun 11
Mexico cenbank gives financial system passing grade as chief urges calm on inflation
Mexican financial system resilient and solid, central bank saysBanking system has sufficient liquidity and capital, per reportStress tests showed system can withstand adverse scenariosBank Governor: Premature to think high inflation is imminentBy Brendan O'Boyle MEXICO CITY, June 11 (Reuters)...Reuters
Wed, Jun 11
US lawmakers to attend Paris Airshow amid tariff, national security concerns
By David ShepardsonWASHINGTON, June 11 (Reuters) - More than two dozen U.S. lawmakers are set to attend the Paris Airshow next week amid rising concerns about potential American aerospace tariffs and national security issues, lawmakers told Reuters.Senators Jerry Moran and Jeanne Shaheen will lead a...Reuters
Wed, Jun 11
Carney appoints finance veteran Sabia to head Canada federal bureaucracy
June 11 (Reuters) - Prime Minister Mark Carney on Wednesday said he was appointing Michael Sabia, a veteran financial expert who heads power-generating utility Hydro-Quebec, to run the Canadian federal bureaucracy.Sabia has been at Hydro-Quebec since 2023, when he left his post as the top bureaucrat...Reuters
Wed, Jun 11
US monthly budget deficit falls as Trump tariffs boost customs receipts
WASHINGTON, June 11 (Reuters) - The U.S. government posted a $316 billion budget deficit for May, down 9%, or $31 billion, from a year earlier, as customs receipts nearly quadrupled to a record $23 billion due to President Donald Trump's steep new import tariffs, the Treasury Department said on ...Reuters
Wed, Jun 11
Mexican financial system stable and solid, says cenbank chief
MEXICO CITY, June 11 (Reuters) - The Mexican financial system maintains a solid and resilient position, with levels of capital and liquidity that exceed regulatory minimums, the Bank of Mexico said on Wednesday in its biannual financial stability report.Reuters
Wed, Jun 11
CORRECTED-US monthly budget deficit falls to $316 billion as tariffs boost customs receipts
WASHINGTON, June 11 (Reuters) - The U.S. government posted a $316 billion budget deficit for May, down 9%, or $31 billion, from a year earlier, as customs receipts nearly quadrupled to a record $23 billion due to President Donald Trump's steep new import tariffs, the Treasury Department said on ...Reuters
Wed, Jun 11
US Treasury Secretary Bessent: The US will set a global duty level for de minimis imports
United States (US) Treasury Secretary Scott Bessent hit the newswires on Wednesday, giving his thoughts on the US debt ceiling, and also teased around the idea of the Trump administration introducing a "de minimis" tariff level, which would see US companies find some breathing room on tariffs up toFxstreet
Wed, Jun 11
UK's Reeves sets out over 2 trillion pounds of spending to revive government
Government under pressure to boost growth - and poll ratingsReeves unveils more spending on defence, nuclear power, housingAll government departments to make 5% efficiency savingsForeign aid and interior ministry face biggest cutsBy David Milliken and Elizabeth Piper LONDON, June 10 (Reuters) - B...Reuters
Wed, Jun 11
Trump says Fed should lower rates by 'one full point'
Trump calls on Fed to cut rates againTrump's call follows release of CPI dataFed officials on track to hold rates steady at next week's policy meetingBy Michael S. Derby June 11 (Reuters) - U.S. President Donald Trump reiterated his call for the Federal Reserve to push through...Reuters
Wed, Jun 11
Euro zone yields lower after US data
By Stefano Rebaudo and Linda Pasquini June 11 (Reuters) - Euro zone government bond yields reversed course to trade lower on Wednesday after cooler-than-expected U.S. consumer inflation data and as investors assessed progress in talks to ease U.S.-China trade tensions. President Donald Trump said...Reuters
Wed, Jun 11
IMF, Serbia reach staff-level agreement on 36-month deal
BELGRADE, June 11 (Reuters) - The International Monetary Fund (IMF) and Serbia have reached staff-level agreement on the first review under a 36-month arrangement to help support economic reforms, the fund said in a statement on Wednesday.The so-called Policy Coordination Instrument (PCI) was signed...Reuters
Wed, Jun 11
US crude stocks fall, gasoline and distillate inventories rise as refining activity increases, EIA says
Crude stocks fell by 3.6 million barrels, exceeding analysts' expectationsGasoline and distillate inventories rose more than expected, EIA reportsRefinery crude runs increased, utilization rates reached 94.3%By Liz HamptonJune 11 (Reuters) - U.S. crude stocks fell last week as refining activity ...Reuters
Wed, Jun 11
