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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.
PayPay Stock Falls 10.6% on T&D Insurance Acquisition Deal, June 06
PayPay acquires 70.2% stake in T&D Financial Life Insurance, expanding into life insurance with SoftBank’s AI technology backing.
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.
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…
UK Petrol Prices Rise 2.4p in May as Iran War Pushes Fuel Costs, June 05
UK unleaded petrol rose 2.4p to 159.4p per litre in May while diesel fell 4.5p to 183.9p. Wholesale cost shifts and Iran war impact fuel pump prices.