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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.
UK Warns Russia Could Attack NATO by 2030, Delays Defense Plan
UK PM warns Russia could attack NATO by 2030. Military chief calls it the most dangerous period since Cold War.
Westnetz IT Project SPACE Causes Thousands of Customer Complaints, June 06
Westnetz IT project SPACE causes payment delays and unprocessed requests, sparking thousands of complaints during digital transformation.
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.
Forfaits Québec Debt Crisis: Influencers Distance Themselves, June 05
Forfaits Québec faces mounting debt as influencers including Maripier Morin distance themselves, raising financial stability concerns.
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.
China Coast Guard Clashes With Taiwan Near Pratas Islands, June 06
Taiwan coast guard clashes with China near Pratas Islands. Japan and Philippines deepen defense partnership amid rising maritime tensions.
Bank of Canada Holds Rate at 2.25%, Eyes 2027 Hike as Jobs Surge
Bank of Canada holds rate at 2.25% amid geopolitical uncertainty. Canadian employment surges 87,800 jobs in May.
S&P/TSX Index Today: 35,217.06 Level (+1.19%) as Futures Edge Down 0.2% Ahead of Payrolls Report
The S&P/TSX Composite Index closed at 35,217.06, posting a strong gain of 1.19% as investors continued to show confidence in Canadian equities. The benchmark index benefited from strength in energy, financial, and mining stocks, helping the market reach fresh highs despite uncertainty surrounding upcoming economic data. However, market sentiment turned slightly cautious before the release…