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Breaking news

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WTI retreats from multi-week top, slides to $63.80-$63.75 ahead of US-China trade talks

West Texas Intermediate (WTI) US Crude Oil prices kick off the new week on a softer note and erode a part of Friday's strong gains to levels just above the $64.00 mark, or the highest since April 23.
New
update2025.06.09 12:23

USD/CAD remains below 1.3700 due to US Dollar pullback, US-China discussion awaited

USD/CAD retraces its gains from the previous session, trading around 1.3680 during the Asian hours on Monday. The pair edges lower as the US Dollar (USD) corrects downward after registering approximately 0.50% gains on Friday following United States (US) jobs data for May.
New
update2025.06.09 12:19

China's Trade Balance: Surplus widens in May as Imports shrink

China's Trade Balance for May, in Chinese Yuan (CNY) terms, arrived at CNY743.56 billion, expanding from the previous figure of CNY689.99 billion.
New
update2025.06.09 12:08

Japanese Yen strengthens in reaction to upward revision of Japan's Q1 GDP print

The Japanese Yen (JPY) edges higher at the start of a new week in reaction to an upward revision of Japan's Q1 GDP print.
New
update2025.06.09 12:02

Australian Dollar remains stronger following China's economic data

The Australian Dollar (AUD) edges higher against the US Dollar on Monday, recovering its losses from the previous session. The AUD/USD pair remains stronger following the release of China's key economic data.
New
update2025.06.09 11:31

NZD/USD holds positive ground, China CPI falls in May

The NZD/USD pair attracts some buyers to around 0.6035 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) strengthens against the Greenback after the Chinese inflation data. Traders will closely monitor trade talks between the US and China later on Monday.
New
update2025.06.09 11:17

ECB's Nagel says central bank can take time on policy

European Central Bank (ECB) Governing Council member Joachim Nagel spoke earlier on Sunday and said that the central bank can take its time on interest rates with monetary policy now set at a neutral level that is no longer restrictive, per Reuters.
New
update2025.06.09 11:03

ECB's Schnabel says inflation is now close to target

European Central Bank (ECB) board member Isabel Schnabel said over the weekend that the central bank can take its time on interest rates, adding that inflation is now close to the ECB's target.
New
update2025.06.09 10:58

Lagarde speech: Still long way to go until inflation is squeezed out of economy

European Central Bank (ECB) President Christine Lagarde said on Monday that interest rates will therefore have to remain restrictive for as long as necessary to ensure price stability on a lasting basis.
New
update2025.06.09 10:46

China's CPI inflation arrives at -0.1% YoY in May vs. -0.2% expected

China's Consumer Price Index (CPI) dropped at an annual pace of 0.1% in May after declining 0.1% in April, the National Bureau of Statistics of China reported on Monday. The market consensus was for a 0.2% decrease in the reported period.
New
update2025.06.09 10:32

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