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Japan’s PM Ishiba may seek snap election if no-confidence motion submitted
Japanese Prime Minister Shigeru Ishiba said late Monday that he may dissolve the House of Representatives for a snap general election if the main opposition party submits a no-confidence motion, per Japan Today.Fxstreet
Mon, Jun 2
IMF approves $1.5 billion, 2-year flexible line of credit for Costa Rica
WASHINGTON, June 2 (Reuters) - The International Monetary Fund on Monday said it had approved a $1.5 billion, two-year precautionary flexible line of credit for Costa Rica, saying it would enhance Costa Rica's external buffers against potential risks.In a statement, the IMF said its Flexible Cre...Reuters
Mon, Jun 2
US LNG exports declines in May from April's record
US LNG exports drop on plant maintenance activityU.S. largest LNG facility producing at lowest levels in 22 monthsMost LNG exported in May sold to Europe as traders take advantage of higher pricesBy Curtis Williams HOUSTON, June 2 (Reuters) - U.S. liquefied natural gas exports fell in May due to ...Reuters
Mon, Jun 2
Trump and Xi will likely speak this week, White House says
WASHINGTON, June 2 (Reuters) - President Donald Trump and Chinese leader Xi Jinping will likely speak this week, White House press secretary Karoline Leavitt said on Monday, days after Trump accused China of violating an agreement to roll back tariffs and trade restrictions.Leavitt is the third top ...Reuters
Mon, Jun 2
USDOT offering $5.4 billion for bridge funding, but strikes diversity requirements
By David ShepardsonJune 2 (Reuters) - The U.S. government will make available $5.4 billion in grant funding for building, replacing or repairing bridges across the country under a 2021 infrastructure law, but is striking diversity requirements, the U.S. Department of Transportation said on Monday.US...Reuters
Mon, Jun 2
TREASURIES-US yields rise after latest tariff threat, data
Yields rise after Trump's tariff announcement on steel and aluminumISM manufacturing PMI shows contraction for third straight monthFed's Waller said cuts this year still possibleBy Chuck Mikolajczak NEW YORK, June 2 (Reuters) - Longer-dated Treasury yields climbed on Monday after the ...Reuters
Mon, Jun 2
US transportation department announces $5.4 billion for bridge funding
June 2 (Reuters) - The federal government will make available $5.4 billion in grant funding for building, replacing or repairing bridges across the country, the U.S. Department of Transportation said in a press release on Monday. "Under President Trump’s leadership, America is building again,”...Reuters
Mon, Jun 2
BoE’s Mann: Impact of QT is a more salient issue now BoE is cutting rates.
Bank of England’s MPC (hawk) member Catherine Mann said that the bank should closely monitor the effects of its quantitative tightening (QT) programme on monetary and financial conditions, especially in light of the recent interest rate cuts.
Fxstreet
Mon, Jun 2
US LNG output declines in May from April's record
US LNG exports drop on plant maintenance activityU.S. largest LNG facility producing at lowest levels in 22 monthsMost LNG exported in May sold to Europe as traders take advantage of higher pricesBy Curtis Williams HOUSTON, June 2 (Reuters) - U.S. liquefied natural gas output fell in May due to p...Reuters
Mon, Jun 2
Fed likely on track to lower rates after bumpy period, says Goolsbee
June 2 (Reuters) - Chicago Federal Reserve Bank President Austan Goolsbee said on Monday he continues to think the U.S. central bank will be able to lower short-term borrowing costs after the "dirt in the air" of uncertainty from tariff policies gets cleared up."If we can get past this b...Reuters
Mon, Jun 2
Mexico records steepest monthly remittance decline in nearly 13 years
April data marks steepest decline since September 2012Mexicans abroad sending fewer, smaller transactionsAnalysts point to fears about US migration crackdownUS lawmakers evaluating new tax on remittancesBy Noe Torres and Aida Pelaez-Fernandez MEXICO CITY, June 2 (Reuters) - Remittances sent to Me...Reuters
Mon, Jun 2
