EUR/USD
1.15248
-0.732%
Gold
4318.68
-3.497%
Oil
88.549
-2.697%
USD/JPY
160.177
0.098%
GBP/USD
1.33372
-0.643%
GBP/JPY
213.636
-0.547%
Real-time News
US President Trump: There is no reason to raise interest rates (regarding the Federal Reserve).1. Monday: ① Data: Japans April trade balance; Switzerlands May consumer confidence index; Eurozones June Sentix investor confidence index. ② Holiday: Australia closed for the day. 2. Tuesday: ① Data: Chinas May trade balance; Germanys April seasonally adjusted trade balance and industrial production month-on-month; US April trade balance, NFIB small business confidence index, ADP employment change week-on-week, May existing home sales report, and April wholesale sales month-on-month report. ② Event: Apples WWDC developer conference, until June 13. 3. Wednesday: ① Data: US API and EIA crude oil inventory weekly report, May CPI; Chinas May CPI, PPI, M2 and other financial data (time to be determined). ② Event: EIA releases monthly short-term energy outlook report; Bank of Canada interest rate decision, press conference by the governor and senior deputy governor. ③ Earnings report: Oracle. 4. Thursday: ① Data: US initial jobless claims, May PPI, and EIA natural gas storage weekly report. ② Events: US 10-year Treasury auction; ECB interest rate decision and ECB presidents press conference; OPEC monthly report. 5. Friday: ① Data: German and French May CPI; UK April three-month GDP month-on-month rate, manufacturing output month-on-month rate, seasonally adjusted goods trade balance, industrial production month-on-month rate; US June one-year inflation rate expectation preliminary value, University of Michigan consumer sentiment index preliminary value. ② Events: Huawei Developer Conference, SpaceX listing on Nasdaq, World Cup officially starts. 6. Saturday: ① Data: US total number of oil rigs for the week ending June 12.According to Saudi media Alhadath, Israel notified the United States in advance before attacking the southern suburbs of Beirut.Iranian media reports that Irans Supreme National Security Council is holding an emergency meeting to discuss the Israeli airstrikes in the southern suburbs of Beirut.June 7th - According to CNBC, citing three OPEC+ sources, OPEC+ will agree on Sunday to raise its oil production targets for the fourth time in just a few months, despite the ongoing conflict between the US and Iran hindering several member countries from increasing oil production. The seven core OPEC+ members increased their production quotas by nearly 600,000 barrels per day between April and June. In fact, the organizations production has already declined significantly due to export cuts by Gulf members. According to OPEC data, average production in April was 33.19 million barrels per day, down from 42.77 million barrels per day in February. Sources say the seven members are likely to decide on Sunday to raise their production targets by approximately 188,000 barrels per day starting in July, the same increase as in June.
