News
Important Only
FxstreetJun 17, 2024
China House Price Index fell from previous -3.1% to -3.9% in May
PBOC sets USD/CNY reference rate at 7.1149 vs. 7.1151 previous
Investing.comJun 17, 2024
Starboard Value buys $500M stake in Autodesk, urges operational changes - WSJ
EUR/USD consolidates around 1.0700, just above one-and-a-half-month low touched on Friday
Gold Price Forecast: XAU/USD attracts some sellers below $2,350, eyes on Eurozone political concerns
FxstreetJun 16, 2024
Japan Machinery Orders (MoM) above forecasts (-3.1%) in April: Actual (-2.9%)
Stocks
Starboard Value buys $500M stake in Autodesk, urges operational changes - WSJ
Investing.com - Activist investor Starboard Value has acquired a stake of approximately $500 million in design-software manufacturer Autodesk Inc (NASDAQ:ADSK) and is now advocating for changes wiInvesting.com
Jun 17, 2024
Forex
EUR/USD consolidates around 1.0700, just above one-and-a-half-month low touched on Friday
The EUR/USD pair kicks off the new week on a subdued note and consolidates its recent heavy losses to the lowest level since early May, around the 1.0670-1.0665 region touched on Friday.Fxstreet
Jun 17, 2024
Economic Indicator
Fed's Kashkari: It’s reasonable to predict Fed won’t cut rates until December
Minneapolis Federal Reserve President Neel Kashkari said on Sunday that it is a “reasonable prediction” that the Fed will wait until December to cut interest rates, adding that the central bank is in a very good position to get more data before making any decisions.Fxstreet
Jun 16, 2024
Economic Indicator
ECB's Kazaks says must not allow inflation to remain above 2% into 2026
European Central Bank (ECB) Governing Council member Martins Kazaks said on Sunday that the bank must not allow inflation to remain above 2% into 2026, adding that he is concerned about delays beyond this.Fxstreet
Jun 16, 2024
Stocks
Street calls of the week: Upgrade for Shopify; downgrades for AMD, Paramount
Investing.com -- Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week.InvestingPro subscribers always get first dibs on market-moving rating changes.Advanced Micro DInvesting.com
Jun 16, 2024
