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USD/JPY Hits 160 as US Jobs Data Stokes Rate Hike Bets, June 06
USD/JPY surges above 160 after US jobs beat forecasts. Fed rate hike odds rise amid yen weakness and Japanese intervention warnings.
Saudi Arabia Opens New Red Sea Shipping Route to India, June 06
Saudi Arabia launches SRS shipping service from Jeddah to India’s Mundra Port with 2,144 TEU capacity, supporting Red Sea trade growth.
Ukrainian Drone Explodes in Romanian Port Constanta, June 06
Ukrainian drone explodes in Romanian port Constanta after Russian electronic jamming. Second incident in one week. No casualties reported.
USD/JPY Hits 160 as BoJ Rate Hike Odds Rise, June 06
USD/JPY nears 160 level amid BoJ intervention risk. Strong US jobs data supports dollar as yen weakens and rate-hike odds surge.
Economic Calendar Heats Up: CPI, Jobs Data Drive Markets June 06
Forex Factory tracks US CPI, jobs report, and global inflation data this week. Key economic releases drive currency market volatility.
US House Passes Iran War Powers Resolution, 215-208 Vote June 06
House passes war powers resolution 215-208 to limit Trump’s Iran war authority, with four Republicans joining Democrats in rare rebuke.
Trump Curses Netanyahu Over Lebanon Escalation, June 06
Trump criticized Netanyahu’s Lebanon escalation in a tense call, risking U.S.-Iran peace talks. Fighting continues despite ceasefire attempts.
Jet Fuel Prices Surge on Iran War, But Europe Avoids Shortage
Iran conflict raises jet fuel prices 80% in March, but EU and airlines confirm no supply shortage expected despite Middle East disruptions.
RBI Holds Rates at 5.25% as Growth Slows, Inflation Rises, June 05
RBI holds repo rate at 5.25%. GDP growth forecast cut to 6.6%, inflation raised to 5.1%. Central bank announces measures to boost foreign inflows.