News/Event

JIAXING, China, June 01, 2026 (GLOBE NEWSWIRE) -- Shortly after 11:00 on May 28, YTO Airlines flight YG9007 took off from the runway, heading directly to Dhaka, the capital of Bangladesh. This marked the inauguration of the first international cargo route at the YTO’s Jiaxing Global Aviation Logist…

U.S. President Donald Trump on Monday signed a proclamation amending tariffs on some copper, aluminum and iron imports, the White House said.

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Australian government spending was flat in the first quarter, data showed on Tuesday, offering no impetus to economic growth early in the year after a run of strong outcomes.Spending on operational items fell 0.2% in the March quarter from the previous quarter to an inflation-adjusted A$159.3 billi…

U.S. President Donald Trump on Monday signed a proclamation amending tariffs on copper, aluminum and iron imports, the White House said.

Gold prices were steady on Tuesday, as investors parsed a partial ceasefire between Hezbollah and Israel and awaited further details on U.S.-Iran negotiations amid growing concerns around inflation and interest rate hikes.FUNDAMENTALS* Spot gold TVC:GOLD was unchanged at $4,484.49 per ounce, as of…

Inflation persistence was a real problem as market measures of inflation expectations shot up in the wake of the Middle East conflict, said Ian Harper, an external board member at the Reserve Bank of Australia.Harper, whose term on the monetary policy board ends in August, said inflation persistenc…

Indonesia’s S&P Global Manufacturing PMI edged up to 50.0 in May 2026 from April’s ten-month low of 49.1, signaling broadly stable factory conditions.New orders rose for a second month, with growth at its fastest since February.Yet export orders fell for a third month and at the steepest pace since…

Gold edges lower in Asian trade, with spot gold down 0.1% at $4,483.97/oz. The precious metal posted a third straight monthly decline in May as investors continued to focus on the inflationary impact of elevated energy prices instead of traditional safe-haven demand, says Ole Hansen, head of commod…

Malaysia’s S&P Global Manufacturing PMI declined to 49.0 in May 2026 from April’s four-year high of 51.6, marking the first contraction since February.The latest reading was also the lowest in three months, as new orders and output eased amid subdued demand.Meanwhile, new export orders softened for…

Silver traded around $75 an ounce on Tuesday, struggling to gain traction as stalled peace negotiations between the US and Iran kept inflation risks and interest rate concerns in focus.On Monday, Iranian media reported that Tehran had suspended communications with Washington in response to Israeli…

By Satoshi SugiyamaThe U.S. dollar steadied on Tuesday as markets took a wait-and-see approach to Middle East peace talks, with Lebanon announcing a limited ceasefire between Hezbollah and Israel, although broader geopolitical uncertainties kept traders on edge.Investors have treated any progress t…

The AIB Ireland Manufacturing PMI rose to 55.9 in May 2026 from 54.9 in April, reaching its highest in four years.Output growth accelerated to its fastest pace in a year, while new orders increased at the quickest rate since April 2022, driven by improving domestic and export demand, with overseas…

TOKYO (dpa-AFX) - The monetary base in Japan was down 12.2 percent on year in May, the Bank of Japan said on Tuesday - coming in at 575.763 trillion yen.That missed expectations for a decline of 9.5 percent following the 11.3 percent drop in April.Banknotes in circulation fell an annual 1.7 percent…

By Jamie McGeeverAs corporate America continues to ride the AI boom, huge swathes of the U.S. population are struggling to keep up, with savings levels plunging. This widening chasm could have serious political ramifications for President Donald Trump.However you describe the inequality issue - K-s…

South Korea’s annual inflation rate accelerated to 3.1% in May 2026 from 2.6% in the previous month, surpassing market forecasts of 3.0%.It was the highest reading since March 2024, highlighting the deepening effects of higher oil prices amid the Middle East conflict, with food prices rising the mo…

U.S. grid operator PJM Interconnection on Monday said it has proposed raising its minimum capitalization threshold to $2 million for wholesale electricity market participants to keep up with inflation, better manage risk, and protect market participants from default.PJM said the proposed changes wo…

CANBERA (dpa-AFX) - Australia is scheduled to release a batch of data on Tuesday, highlighting a busy day for Asia-Pacific economic activity. On tap are April numbers for building approvals and private sector credit and Q1 figures for current account and company gross operating profits.In March, bu…

By Katherine BluntGoogle parent Alphabet on Monday announced a plan to issue $80 billion in equity to finance enormous capital expenditures tied to the artificial intelligence race.The company said it had reached an agreement to sell $10 billion of stock to Berkshire Hathaway. It plans to issue ano…

The Bank of Canada on Monday cautioned against putting too much weight on recent GDP data which showed two consecutive quarters of decline on an annualized basis.Senior deputy governor Carolyn Rogers said while two quarters of annualized contraction in GDP did meet one definition of a recession, th…

HEADLINESManufacturing Sector Continued to Expand in MayCanadian manufacturing activity showed sustained output and new orders last month as the industry continued to expand, though data indicates recent growth may be driven by worries about prices and supplies.The S&P Global Canada manufacturing p…

Ireland AIB Manufacturing PMI up to 55.9 in May from previous 54.9

Key annual interest rates paid to borrow or lend money in U.S. and international markets. Rates below are a guide to general levels but don’t always represent actual transactions.Monday, June 1, 2026 Inflation April index Chg From (%) level Mar…

WASHINGTON (dpa-AFX) - After coming under pressure early in the session, treasuries regained some ground over the course of the trading day on Monday.Bond prices climbed well off their worst levels of the day but still closed in negative territory. As a result, the yield on the benchmark ten-year n…

Worker remittances to Mexico totaled $4.98 billion in April, up 3.7% from the year-earlier month in a third consecutive year-on-year increase, the Bank of Mexico reports. In the first four months of the year, remittances were up 2.6% at $19.68 billion. While unemployment among Hispanics in the U.S…

South Korea Consumer Price Index Growth (MoM) came in at 0.5%, above expectations (0.3%) in May

South Korea Consumer Price Index Growth (YoY) above forecasts (3%) in May: Actual (3.1%)

--ISM’s Spence: New Orders Up on Pent-Up Demand, Instead of Customers Stocking Up Before Iran War Causes Further Disruption--Spence: Employment in Contraction but Better in May, Elevated Prices Ease, Both in Right Direction(MaceNews) - U.S. manufacturing activity expanded for the fifth straight mon…

By Jessica CoacciA recent analysis suggests remote work may be leaving younger workers on the sidelines, despite many firms and economists citing artificial intelligence as the main culprit.Remote work can explain 64% of the recent increase in unemployment among young college graduates, according t…

All dates are in local time Tuesday, June 2, 2026 Exp Prev Local/GMT/ET 0500/0800/0400 BRA May Fipe Monthly CPI CPI, M/M% +0.40% Wednesday, June 3, 2026…

Purchasing managers indexes for Mexico point to continued sluggishness in manufacturing in May, with all three readings below 50, indicating contraction. "Steep rises in their expenses could not be passed on through higher selling prices due to a highly challenging demand environment and fierce mar…

By Ashitha ShivaprasadGold prices fell on Monday as escalating tensions in the Middle East heightened inflation concerns and reinforced expectations that central banks may keep monetary policy tighter for longer.Spot gold TVC:GOLD was down 1% at $4,489.34 per ounce as of 1:50 p.m. EDT (1750 GMT), a…

Russian authorities are considering importing aviation fuel, the media outlet RBC reported on Monday, citing two sources familiar with the matter.RBC said Deputy Prime Minister Alexander Novak had instructed the energy and transport ministries, along with aviation regulator Rosaviatsiya, to examine…

Active global asset managers are adding more Canadian public-sector debt — federal and provincial — to their portfolios as the Treasury market faces questions about U.S. debt sustainability, says Tiago Figueiredo, economist at Desjardins Group. Investors "appear to be treating Canadian public-secto…

Although the ISM manufacturing index rose again, price pressures and sentiment tied to the war in Iran remain persistent among survey respondents. "Despite the positive momentum for demand, sentiment remained dominated by the war in Iran," wrote Matthew Martin, Senior US Economist. This week, econo…

Wall Street had a spectacular May, with the S&P 500 gaining about 4.9%, the Dow Jones adding about 2.1% and the Nasdaq-100 surging about 10% over the past month (as of May 28, 2026) on U.S.-Iran truce hopes (read: 5 ETF Areas Trading at a 52-Week High).Oil Plunges in May Oil dropped in the month as…

Staff WriterSaeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), today received a high-level delegation from Etihad Rail, the developer and operator of the UAE’s national railway network.The delegation was led by Mohammed Abdulla Alshehhi, Chief Projects Officer, and…

New car registrations in Italy rose in May by 7.6% year-on-year to 150,096 vehicles, transport ministry data showed on Monday.In January-May, registrations were up by 9.4% from the same period last year, to 790,301 units.Italian market leader Stellantis MIL:STLAM, whose brands include Fiat, Jeep, P…

By Lucia MutikaniU.S. manufacturing activity increased more than expected in May, hitting the highest level in four years, likely driven by businesses front-loading orders amid rising prices and shortages because of the war with Iran.The Institute for Supply Management survey on Monday showed the t…

We enter the final month of calendar Q2 at all-time highs on the major stock market indexes. Despite depleting oil reserves based on the now months-long closure of the Strait of Hormuz, inflation seeping towards double the previous Fed’s optimal +2% target and a growing sense that our entire econom…

The ISM Manufacturing PMI rose to 54 in May 2026 from 52.7 in each of the previous two months and beating forecasts of 53.The reading pointed to the strongest expansion in the factory sector since May 2022, with faster growth seen for new orders (56.8 vs 54.1), production (54.3 vs 53.4) and backlog…

Italy posted a state sector budget deficit of 14.7 billion euros ($17.09 billion) in May compared to a shortfall of 11.68 billion euros in the same month last year, the Treasury said in a statement on Monday.($1 = 0.8604 euros)

The S&P Global Mexico Manufacturing PMI rose to 49.6 in May 2026 from 47.7 in the previous month, signaling a softer deterioration in factory activity and the joint-mildest contraction in the current nine-month downturn.New orders returned to growth, supported by stronger domestic demand, upcoming…

MONDAY DATA: PMI CAGE MATCH, CONSTRUCTION SPENDINGInvestors began a new week and month on Monday with a good, old-fashioned, ISM/S&P Global PMI slap fight.The upshot is that factory activity continued to accelerate last month. The rate of expansion is the source of minor disagreement.The Institute…

Formal LOI Details Site Selection Support, Infrastructure Requirements, 18-Month Site Availability Commitment, and Framework for Long-Term Facility DevelopmentTAICHUNG CITY, Taiwan, June 01, 2026 (GLOBE NEWSWIRE) -- J-Star Holding Co., Ltd. NASDAQ:YMAT (“J-Star” or the “Company”), today provided ad…

Monday, June 1st, 2026We enter the final month of calendar Q2 at all-time highs on the major stock market indexes. Despite depleting oil reserves based on the now months-long closure of the Strait of Hormuz, inflation seeping towards double the previous Fed’s optimal +2% target and a growing sense…

By Jamie McGeeverAs corporate America continues to ride the AI boom, huge swathes of the U.S. population are struggling to keep up, with savings levels plunging. This widening chasm could have serious political ramifications for President Donald Trump.However you describe the inequality issue - K-s…

By Foo Yun Chee and Toby SterlingThe European Union plans to propose strict criteria for cloud computing services in highly critical state tenders that could exclude Amazon NASDAQ:AMZN, Microsoft NASDAQ:MSFT and Google NASDAQ:GOOG from such projects, according to documents seen by Reuters.The propo…

WARSAW, Jun 1 (Reuters) – POLONIA the reference rate for Overnight deposits amounted to 3.64 percent.The volume of transactions concluded till 16:30 by banks participating in POLONIA fixing amounted to 4,525 mln PLN.Note: Description of reference rate at:https://www.nbp.pl/((warsaw.newsroom@reuters…

By Hannah Lang and Samuel IndykThe U.S. dollar was higher on Monday after a small weekly loss as investors digested fresh developments in Middle East peace talks after the U.S. and Iran traded blows over the weekend, raising questions about the fragility of diplomatic efforts to end the war.The dol…

Thales has quadrupled its production capability for missiles at its facilities in Northern Ireland since 2022. Deliveries of the newly agreed systems will begin over the next few months.It added that the LMM was "both battle-proven and highly versatile, used across land, sea and air by the UK and a…

WASHINGTON (dpa-AFX) - Manufacturing activity in the U.S. expanded for the fifth consecutive month in May, according to a report released by the Institute for Supply Management on Monday.The ISM said its manufacturing PMI rose to 54.0 in May from 52.7 in April, with a reading above 50 indicating gr…

THE DATA, DOLLARS AND DRAMA OF THE 2026 FIFA WORLD CUPThe 2026 World Cup is no longer just about goals and glory, it is shaping up to be a sprawling economic and technological spectacle, where data, dollars and digital engagement take centre stage alongside football.Set to be the largest tournament…

WASHINGTON (dpa-AFX) - A report released by the Commerce Department on Monday showed construction spending in the U.S. increased from a downwardly revised level in the month of April.The Commerce Department said construction spending climbed by 0.4 percent to an annual rate of $2.172 trillion in Ap…

UK 10-year gilt yields climbed back above 4.9%, recovering from over one-month lows, as renewed US-Iran tensions pushed oil prices higher and intensified inflation concerns.Iran’s Tasnim News Agency reported on Monday that Tehran would halt negotiations with the US over Israeli strikes on Lebanon a…

By Matt GrossmanU.S. construction spending accelerated in April, according to the latest monthly numbers from the Census Bureau published Monday morning.Spending on building projects rose by 0.4% to an annualized pace of $2.172 trillion in April, versus $2.165 trillion in March. Analysts polled by…

Private construction spending was up 0.4% at $1.63trn, bbuoyed by a 0.8% increase in residential activity, while public construction also ticked up 0.4% to $532.7bn, fuelled by gains in both the residential and non-residential segments - up 0.7% and 0.4%, respectively.For the first four momths of 2…

By Ashitha ShivaprasadGold prices fell nearly 2% on Monday as escalating tensions in the Middle East heightened inflation concerns and reinforced expectations that central banks may keep monetary policy tighter for longer.Spot gold TVC:GOLD was down 1.9% at $4,451.65 per ounce as of 10:01 a.m. EDT…

Indian Bank NSE:INDIANB:

The S&P Global Canada Manufacturing PMI remained in growth territory for a second straight month at 52.9 in May 2026, down slightly from 53.3 in April but still above its long-run average.The sector was supported by further increases in output and new orders, as firms reported stronger demand and s…

Construction spending in the US rose by 0.4% month-over-month in April 2026, following a revised 0.2% increase in the prior month and better than the expected 0.2% rise.This marked the second consecutive monthly increase.Private-sector construction rose 0.4%, supported by a 0.8% increase in residen…

German 10-year Bund yields climbed above 3%, moving further from last week’s two-month low of 2.93%, as renewed US-Iran tensions amplified inflation concerns and reinforced expectations of European Central Bank rate hikes this year.Iran’s Tasnim News Agency reported on Monday that Tehran would halt…

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By Jeffry BartashTariffs and Iran war pose big hurdles, ISM findsAmerican companies in manufacturing have been on a rollercoaster ride the past few years.American manufacturers grew in May for the fifth month in a row - the biggest winning streak in four years - but lingering anxiety about the Trum…

By Robb M. StewartCanadian manufacturing activity showed sustained output and new orders last month as the industry continued to expand, though data indicates recent growth may be driven by worries about prices and supplies.The S&P Global Canada manufacturing purchasing managers index slipped to 52…

The ISM manufacturing PMI rose to 54 from 52.7 in the prior two months, beating expectations for 53 and marking the strongest reading since May 2022.The survey showed quicker growth in new orders, production and backlogs, while the employment index contracted at a slower pace. Price pressures remai…

Petrobras PBR, Brazil’s state-controlled Integrated oil and gas company, has announced a major reduction in domestic diesel prices, set to take effect starting Monday. This move, part of a federal government subsidy program, aims to shield Brazilian consumers from the global instability caused by t…

The Russian government intends to increase fuel supplies from Belarus and tighten oversight over exports of gasoline and diesel to meet domestic fuel demand, reports the RBC news outlet reported on Monday, citing two sources familiar with the matter.RBC also reported that a complete ban on gasoline…

The S&P Global US Manufacturing PMI climbed to 55.1 in May 2026, up from 54.5 in April but slightly below the preliminary estimate of 55.3.This marked the strongest monthly expansion in the sector since May 2022, driven by the sharpest increase in production since April 2022 and another month of ro…

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BRUSSELS (dpa-AFX) - The Swiss economy expanded less than estimated in the first quarter on subdued domestic demand, data from the State Secretariat for Economic Affairs, or SECO, showed Monday.Gross domestic product grew 0.4 percent in the first quarter, which was revised down from the initial est…

U.S. manufacturing activity increased more than expected in May, hitting the highest level in four years, likely driven by businesses front-loading orders amid rising prices and shortages because of the war with Iran.The Institute for Supply Management said on Monday its manufacturing PMI advanced…

By Jonathan Cable, Leika Kihara and Lucia MutikaniThe economic shock from the Iran war hit European factories last month, suppressing demand for their goods and pushing up raw material costs at the fastest rate in four years, although their U.S. and Asian peers saw activity expand due to stockpilin…

By Robb M. StewartCanadian manufacturing activity showed sustained output and new orders last month as the industry continued to expand, though data indicates recent growth may be driven by worries about prices and supplies.The S&P Global Canada manufacturing purchasing managers index slipped to 52…

(14:00 GMT) *US Construction Spending +0.4% In Apr; Consensus +0.3% (14:12 GMT) U.S. Construction Spending Picked Up in AprilBy Matt GrossmanU.S. construction spending accelerated in April, according to the latest monthly numbers from the Census Bureau published Monday morning.Spending on building…

The Ibovespa fell more than 0.5% to trade below 173,000 on Monday as renewed attacks in the Persian Gulf challenged optimism over the reopening of the Strait of Hormuz.Oil prices rebounded, reviving stagflation concerns and pushing bond yields higher.Financial stocks came under pressure amid expect…

Staff WriterThe Sharjah FDI Office (Invest in Sharjah), in collaboration with PwC, convened leading public and private sector entities to assess the emirate’s investment position and identify opportunities emerging from global economic shifts.The high-level seminar was held at Al Bait Al Westi in t…

France announced 71 foreign investment projects worth a combined €93 billion ($108.3 billion) at its annual Choose France business summit on Monday, adding they would create more than 15,600 jobs.The largest announcements centered on artificial intelligence and data centres, as President Emmanuel M…

Vidya Wires Ltd NSE:VIDYAWIRES:

WARSAW (dpa-AFX) - The Polish economic growth moderated slightly less than estimated initially in the first quarter, the latest data from Statistics Poland showed on Monday.Gross domestic product advanced an unadjusted 3.5 percent yearly in the first quarter, slower than the 4.1 percent rise in the…

The Southern Company’s SO subsidiary, the Georgia Public Service Commission (PSC), has approved a plan that will lower overall electricity rates for Georgia Power customers, delivering meaningful savings to households and businesses across the state. Under the approved framework, a typical resident…

All dates are in local time Monday, June 1, 2026 Exp Prev Local/GMT/ET 1000/1500/1100 PER May CPI CPI, M/M% +0.52% 1000/1500/1100 PER Apr ACAE - Advance Economic Ac…

AI UPTAKE REMAINS UNEVEN AMONG US FIRMS, GOLDMAN SAYSAI adoption at U.S. firms is broadening with management, information and professional services leading uptake, but the growth is not linear, Goldman Sachs said.Adoption slipped 0.3 percentage points to 19.5% in May, though firms expect usage to r…

Chile’s IMACEC economic activity index fell 1.2% year-on-year in April 2026, following a 0.2% decline in the previous month and marking the sharpest contraction since March 2023.The downturn was driven by a 5.4% drop in goods-producing sectors, as mining output plunged 11.8% and industrial activity…

Bank of England Governor Andrew Bailey has signalled growing concern about public-sector wage growth as a potential source of inflation pressure, saying policymakers are paying closer attention as pay increases continue to outpace those in the private sector.In remarks published by the Financial Ti…

By Jamie McGeeverAs corporate America continues to ride the AI boom, huge swathes of the U.S. population are struggling to keep up, with savings levels plunging. This widening chasm could have serious political ramifications for President Donald Trump.However you describe the inequality issue - K-s…

Forward rates suggest that yields on U.K. government bonds, or gilts, could remain elevated and even rise further in the years ahead, UBS economist Dean Turner says in a note. Higher yields mean higher debt servicing costs and "can quickly become a headache," he says. Turner notes that the U.K. has…

Staff WriterDP World and the Government of the Dominican Republic will invest an additional US$100 million to expand logistics and warehousing infrastructure at the DP World Free Trade Zone (FTZ) in Caucedo.Unveiled during the 12th World Free Zones Congress 2026, the investment is in addition to th…

By Ashitha ShivaprasadGold prices slipped on Monday as fresh strikes between Iran and the United States heightened inflation concerns and reinforced expectations that central banks may keep monetary policy tighter for longer.Spot gold TVC:GOLD was down 0.7% at $4,502.89 per ounce as of 08:40 a.m. E…

Mexico’s manufacturing business confidence fell 0.4 points to 47.5 in May 2026, marking the 15th consecutive month below the 50-point neutral threshold.Investment willingness posted the sharpest decline, falling 1.8 points to 32.4.Expectations for the national economy slipped 0.3 points to 51.4, wh…

Mahindra & Mahindra (M&M) shares fell more than 2 percent in trade on Monday despite the company reporting better-than-expected sales for May on fears of a weak monsoon. The rising crude oil prices also weighed on investor sentiment.The forecast of the weakest monsoon showers in 11 years fueled con…

India’s fiscal deficit widened sharply to INR 3.6 trillion in April 2026, the first month of the 2026-27 fiscal year, nearly doubling from INR 1.9 trillion a year earlier.As a net energy importer, the country faces rising fuel subsidy costs due to soaring oil prices tied to the ongoing Middle East…

BRUSSELS (dpa-AFX) - Loans to the euro area private sector registered a steady growth in April and the annual increase in money supply slowed to the lowest since mid-2024, the European Central Bank said Monday.Adjusted loans to the private sector increased 3.5 percent, unchanged from the previous m…

By Noel JohnGold prices fell on Monday as renewed U.S.-Iran tensions pushed the dollar and oil prices higher, fuelling fears of inflation and reinforcing the higher-for-longer interest rate outlook.Spot gold TVC:GOLD was down 0.7% at $4,506.49 per ounce at 1158 GMT after hitting a two-week high on…

Industrial output in India expanded by 4.9% from the previous year in April of 2026, firmly above the market expectations of 3.9%.It reflected robustness in the Indian goods producing sectors despite ongoing pressure from surging energy prices and lack of stability in the rupee, which have dented t…

European Central Bank (ECB) Executive Board member Isabel Schnabel said stablecoins could bring old financial-market vulnerabilities into tokenized finance, while strengthening the case for central banks to modernize public money through tools such as the digital euro and tokenized central bank set…

By Fabiana Negrin OchoaGauges of factory activity across Asia showed solid growth in output and orders in May, but the momentum appears more fragile than the headline figures suggest.S&P Global purchasing managers indexes for seven Asian economies all remained above the neutral 50 mark last month…

The Stanbic IBTC Bank Nigeria PMI rose to 54.1 in May 2026 from 52.4 in April, signaling the strongest improvement in private sector business conditions since August 2025.The increase was driven by sharper growth in both output and new orders.Stronger demand prompted firms to increase purchasing ac…

Muscat: Further strengthening its role in advancing Oman’s evolving financial landscape through collaborations that support innovation and digital transformation, Sohar International has signed a Memorandum of Understanding (MoU) with Friendi Pay, under which Sohar International has been appointed…

The Turkish economy expanded 2.5% year-on-year in Q1 2026, easing from 3.4% in Q4 and below expectations for 2.7% growth.This marked the softest expansion in a year, as growth slowed in household consumption (4.8% vs 5.2%) and fixed investment (3.0% vs 5.4%).Net trade also weighed on growth as expo…

Ukraine is likely to increase its 2026 combined grain and oilseed harvest to 83.6 million metric tons from 80 million tons in 2025 and its exportable surplus could total 50.8 million tons, Ukrainian grain traders union UGA said on Monday.The union said in a statement the 2026 harvest could include…

The annual inflation rate in Kazakhstan eased to 10.4% in May 2026, the lowest level since March 2025, down from 10.6% in April.Price growth slowed for food products (10.7% vs 11.3% in April), driven by softer increases in cereals (6.4% vs 7.2%), bread and bakery products (8.2% vs 9.0%), and meat a…

Eurozone median inflation expectations for the next 12 months were steady at 4% in April 2026, the same as in March and staying at 2023-highs.Consumers expected the price of their home to increase by 3.7% over the next 12 months, which was unchanged from March and expectations for mortgage interest…

Wholesale price inflation in Pakistan eased to 12.71% year-on-year in May 2026 from 13.57% in the previous month.Prices slowed in agriculture, forestry, and fishery (0.96% vs 2.77% in April), ores, minerals, and utilities (8.48% vs 8.62%), and other transportable goods (36.08% vs 39.95%).Meanwhile…

The Multi Commodity Exchange of India on Monday (June 1) launched Silver 100 futures contracts, expanding its silver derivatives offerings and giving retail investors and small jewellers access to the commodity in much smaller tradable units.The new contract allows trading in 100-gram denominations…

Austria’s unemployment rate edged up to 7.1% in May 2026 from 7.0% in the corresponding month a year ago.The total number of unemployed persons rose by 5,536 year-on-year to 301,676.Among them, the female unemployment rate went up by 0.3 percentage points to 7.0%, with the number of unemployed wome…

June’s here and with it fresh gains, with traders rushing back in after the weekend.? Records Are Contagious?️ Ceasefire Cheers, Oil Watches? Jobs Data Coming This Week

0707 GMT - Bitcoin falls as fresh attacks between the U.S. and Iran at the weekend reduce demand for risky assets. The U.S. said it hit Iranian radar sites and drone command-and-control facilities after Iran shot down an American drone. The U.S. also shot down two Iranian attack drones that posed a…

By Lewis Jackson, Ernest Scheyder, Vijdan Mohammad Kawoosa, Claire Fu and Melanie BurtonEvery year, several hundred young adults head to the steppes of northern China to learn about rare earths at schools like the Inner Mongolia University of Science and Technology.After completing undergraduate s…

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Monday.- - - - -GLOBAL MARKETSAsian share markets firmed on Monday as the boom in all things AI continued to drive demand, offsetting a lack of progr…

BRUSSELS (dpa-AFX) - Swiss retail sales increased at the quickest pace in four months in April, data from the Federal Statistical Office revealed on Monday.In real terms, retail sales climbed 1.6 percent yearly in April, faster than the 1.3 percent growth in March. Meanwhile, sales were expected to…

By Dow Jones Newswires staffBelow are the most important global events likely to affect FX and bond markets in the week starting June 1.U.S. jobs data and ISM surveys on manufacturing and services activity will be in focus as investors assess the outlook for Federal Reserve interest rates.In Europe…

The Japanese yen traded around 159.5 per dollar on Monday, remaining under pressure and hovering near the closely watched 160 level that previously triggered official intervention to support the currency.Data released on Friday showed that Japanese authorities spent ¥11.7 trillion intervening in fo…

British manufacturers raised their prices at the fastest rate since June 2022 last month in response to a big increase in costs as the Iran war disrupts supply chains, according to a survey likely to concern the Bank of England.S&P Global also said the output balance of its manufacturing Purchasing…

By Fabiana Negrin OchoaGauges of factory activity across Asia showed solid growth in output and orders in May, but the momentum appears more fragile than the headline figures suggest.S&P Global purchasing managers indexes for seven Asian economies all remained above the neutral 50 mark last month…

The Philippine central bank said on Monday it "will take all necessary action" to ensure that inflation returns to its 3% target, and may consider a stronger response if warranted."If the data and our assessment of evolving risks point to higher inflation expectations becoming entrenched, then we m…

British house prices fell by 0.6% in May, their first monthly drop since December and growth slowed in annual terms, as economic uncertainty stemming from the war in Iran hurt demand, figures from mortgage lender Nationwide showed on Monday.The monthly decline was the biggest since June 2025, Natio…