News
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EXCLUSIVE-Reckitt talks exclusively to Advent on Essential Home sale, sources say
By Amy-Jo Crowley and Andres Gonzalez LONDON, June 11 (Reuters) - Britain's Reckitt RKT.L is talking exclusively to private equity firm Advent International over a sale of the consumer goods group's Essential Home business, two sources with direct knowledge of the matter told Reuters. Rec...Reuters
Wed, Jun 11
Gold faces short-term selling – TDS
Despite mounting short-term pressure in Gold futures, algorithmic traders may only briefly trim positions before re-accumulating, with broader participation metrics suggesting a potential local bottom in prices, analysts say, TDS' Senior Commodity Strategist Daniel Ghali notes.
Fxstreet
Wed, Jun 11
US crude stocks fall, gasoline and distillate inventories rise - EIA
U.S. crude stocks fell while gasoline and distillate inventories rose in the week ending June 6, the Energy Information Administration said on Wednesday.Crude inventories fell by 3.6 million barrels to 432.4 million barrels in the week, the EIA said, compared with analysts' expectations in a Reu...Reuters
Wed, Jun 11
Trump says Fed should lower rates by 'one full point'
June 11 (Reuters) - U.S. President Donald Trump on Wednesday reiterated his view that the Federal Reserve should cut interest rates by one percentage point, saying the latest inflation figures were "great.""CPI just out. Great numbers! Fed should lower one full point. Would pay much less...Reuters
Wed, Jun 11
Fed seen on track to start cutting rates by September
June 11 (Reuters) - Cooler-than-expected U.S. inflation last month deepened conviction in financial markets on Wednesday that the Federal Reserve will start cutting interest rates by September and deliver a second reduction by the end of this year.A U.S. government report showed the Consumer Price I...Reuters
Wed, Jun 11
Mexico's central bank may pause rate cuts, deputy governor Heath says
MEXICO CITY, June 11 (Reuters) - Mexico's central bank may pause cuts to its benchmark interest rate in the face of an inflationary rebound, deputy governor Jonathan Heath said in an interview with local newspaper El Economista published on Wednesday. Mexico's annual inflation rate accelerat...Reuters
Wed, Jun 11
INSTANT VIEW-US consumer prices rise moderately in May
NEW YORK, June 10 (Reuters) - U.S. consumer prices rose slightly in May as gasoline prices remained subdued, but inflation is likely to pick up in the months as tariffs boost the cost of imported goods.The consumer price index CPI increased 0.1% last month after rising 0.2% in April, the Labor Depar...Reuters
Wed, Jun 11
INSTANT VIEW-May consumer prices rise moderately
NEW YORK, June 10 (Reuters) - U.S. consumer prices rose slightly in May as gasoline prices remained subdued, but inflation is likely to pick up in the months as tariffs boost the cost of imported goods.The consumer price index CPI increased 0.1% last month after rising 0.2% in April, the Labor Depar...Reuters
Wed, Jun 11
Investors pull out of US stocks and into Europe and emerging markets
By Patturaja Murugaboopathy June 11 (Reuters) - Global investors have moved money from U.S. equities and into European and emerging markets assets, as concerns mount over U.S. fiscal policy, rising debt and the risk that trade tariffs will trigger a recession.Equity mutual funds and exchange-tra...Reuters
Wed, Jun 11
US Treasury yields fall after consumer inflation data
June 11 (Reuters) - Yields on U.S. Treasuries were lower early Wednesday following a cooler-than-expected report on consumer inflation.The annual "core" consumer price index for May, which excludes volatile food and fuel prices, was 2.8%, a tenth of a point cooler than a consensus forecast a...Reuters
Wed, Jun 11
UK government departments to cut budgets by 16% in spending review
LONDON, June 11 (Reuters) - British government departments will reduce their administration budgets by at least 16% by 2029-30 as part of finance minister Rachel Reeves' spending review announced on Wednesday."The (Spending Review) announces reductions in back‑office costs, with all departme...Reuters
Wed, Jun 11
