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China's May factory output slows, retail sales surprisingly upbeat
BEIJING, June 16 (Reuters) - China's industrial output rose 5.8% year-on-year in May, slowing from the 6.1% pace in April and missing forecasts, but retail sales growth unexpectedly picked up, official data showed on Monday.Reuters
Mon, Jun 16
GRAINS-Chicago soyoil futures hit 18-month high on biofuel mandate, Mideast tensions
BEIJING, June 16 (Reuters) - Chicago soyoil futures surged to their highest level in nearly 18 months, buoyed by higher-than-expected biofuel blending proposals and a rally in crude oil prices amid escalating conflict between Israel and Iran.Reuters
Mon, Jun 16
WTI extends upside above $72.00 as Israel-Iran conflict deepens
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $72.15 during the Asian trading hours on Monday. The WTI price extends the rally to the highest since February after Israel attacked two natural gas facilities in Iran, raising fears that a wider war in the region could dis
Fxstreet
Mon, Jun 16
Oil prices rise as Israel-Iran conflict heightens fears of supply disruptions
TOKYO, June 16 (Reuters) - Oil prices jumped in early Asian trade on Monday after Israel and Iran launched fresh attacks on Sunday, heightening fears that escalating battle could trigger a broader regional conflict and widely disrupt oil exports from the Middle East.Reuters
Mon, Jun 16
Wall St Week Ahead-Fed meeting in focus as investors seek rate-path hints
NEW YORK, June 13 (Reuters) - The Federal Reserve's balancing act between concerns about a weakening labor market and still above-target inflation will take center stage for investors in the coming week as they weigh risks to the rally in the U.S. stock market.Reuters
Mon, Jun 16
Israel and Iran resume missile strikes as conflict escalates
Iran launched a fresh attack on Israel late Sunday, with an explosion seen in the coastal city of Haifa. Israel began further attacks on military targets in Iran, despite international calls for diplomacy and de-escalation, per CNN.Fxstreet
Mon, Jun 16
Trump says he hopes Israel and Iran can strike deal
WASHINGTON, June 15 (Reuters) - President Donald Trump said on Sunday that he hopes Israel and Iran can broker a deal but said sometimes countries have to fight it out first.Talking to reporters as he left for the G7 summit in Canada, Trump said the U.S. will continue to support the defense of...Reuters
Mon, Jun 16
Hong Kong bourse seeks to woo Southeast Asia, Middle East firms for second listings
HONG KONG, June 16 (Reuters) - The Hong Kong stock exchange plans to attract listed companies in Southeast Asia and the Middle East, in particular, for second listings in the financial hub, its chief executive said, as the bourse looks to burnish its global credentials.Reuters
Mon, Jun 16
Solaxy Presale Burns Red Hot as Whales Snatch $495K in Two Days: Best Presale Ends Tomorrow
With Solaxy ($SOLX) nearing the end of its presale stage, both anticipation for its listing and urgency among investors to grab the best altcoin at its lowest-ever price are higher than ever. Whale investors have gobbled up more than $500K worth of $SOLX tokens over the past 24 hours, taking...NewsBTC
Mon, Jun 16
Oil settles up 7% as Israel, Iran trade air strikes
Oil gains of up to 14% were largest intraday move since 2022Iran's nuclear facility in Natanz damaged in Israeli attackNo impact to oil flows in the region so far -analystsIsraeli attacks kill key Iranian military commandersTrump urges Iran to make a deal over its nuclear programmeBy Erwin Seba ...Reuters
Fri, Jun 13
CORRECTED-ANALYSIS-After years of waiting, Israel's Netanyahu finally makes his move on Iran
Netanyahu threatened Iran for years, many saw it as a bluffIsraeli leader sees Iran as existential threat to IsraelRecent Middle East tumult provided a rare chance to strikeNetanyahu hopes success will secure his legacyBy Crispian Balmer JERUSALEM, June 13 (Reuters) - Iran once ridiculed Israeli ...Reuters
Fri, Jun 13
European shares tumble as Israel-Iran conflict escalates
Airline stocks fall on higher energy prices, disrupted routesEnergy shares gain on higher oil prices STOXX down 0.9%, posts weekly decline By Purvi Agarwal and Ragini Mathur June 13 (Reuters) - European shares closed lower on Friday as Israel's wide-scale strike against Iran triggered a broad...Reuters
Fri, Jun 13
Deutsche Telekom, Nvidia join forces on manufacturers' AI cloud in Germany
By Andreas Rinke and Hakan Ersen BERLIN, June 13 (Reuters) - Deutsche Telekom DTEGn.DE will join forces with Nvidia NVDA.O to establish an artificial intelligence cloud for European manufacturers in Germany, the companies said on Friday.Nvidia will supply 10,000 chips, or graphics processing unit...Reuters
Fri, Jun 13
QUOTES-World reacts to Israeli attack on Iran over nuclear activity
June 13 (Reuters) - Israel launched widescale strikes on Iran on Friday.Following is global reaction:BENJAMIN NETANYAHU, ISRAELI PRIME MINISTER:"We are at a decisive moment in Israel's history."Moments ago, Israel launched Operation Rising Lion, a targeted military operation to roll back...Reuters
Fri, Jun 13
Trump Calls Powell A “Numbskull” As He and Vance Urges Fed Rate Cuts
TradingKey - On Thursday, June 12, Trump once again heavily criticized Federal Reserve Chair Jerome Powell, urging him to cut interest rates. Trump claimed that a two-percentage-point rate cut could save the U.S. $600 billion in annual interest expenses.TradingKey
Fri, Jun 13
USD/JPY jumps to near 144.00 while both currencies advance amid Middle East tensions
The USD/JPY pair climbs to near 144.00 during European trading hours on Friday after recovering early losses. The pair strengthens as the US Dollar (USD) outperforms across the board amid growing war tensions between Israel and Iran.
Fxstreet
Fri, Jun 13
China May bank loans rise less than expected as trade jitters weigh
May new loans 620 bln yuan vs forecast 850 bln yuanYear-on-year lending growth hits fresh record lowMay M2 money supply +7.9% y/y, vs forecast of +8.1%Trade deal, monetary measures help sentiment somewhatBy Kevin Yao, Shi Bu and Liz Lee BEIJING, June 13 (Reuters) - New bank lending in China rose ...Reuters
Fri, Jun 13
Fed expected to keep rates steady as tariff risks outweigh inflation data
WASHINGTON, June 13 (Reuters) - The Federal Reserve is widely expected to hold interest rates steady next week, with investors focused on new central bank projections that will show how much weight policymakers are putting on recent soft data and how much risk they attach to unresolved trade and budReuters
Fri, Jun 13
