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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.
Bitcoin Crashes Below $61K as Strategy Sells, Hedge Funds Flee
Bitcoin drops to $60,912, down 4.2% daily. MicroStrategy sale and AI rotation drive $62 billion loss in crypto treasury holdings.
Meghan Markle Shares Lilibet Birthday Photos, Shifts Social Media Strategy, June 05
Meghan Markle shares Princess Lilibet’s fifth birthday photos on Instagram, calling her daughter their “dream girl.”
EPFO Retains 8.25% EPF Interest Rate for FY 2025-26, June 06
EPFO retained 8.25% EPF interest for FY 2025-26, crediting between June-September 2026 after government notification and reconciliation.
AI Bubble Shows Dot-Com Parallels as Nasdaq Crashes 4%, June 06
Ray Dalio warns AI stocks mirror dot-com bubble patterns as chip stocks crash. Goldman Sachs questions AI ROI amid Broadcom’s weak guidance.
Nasdaq Crashes 4.18% on Chip Selloff, Worst Day Since April 2025
Nasdaq fell 4.18% to 25,709.43 on June 5 as chip stocks crashed and Treasury yields rose, triggering a broad market selloff.
HSBC Faces French Charges Over Lebanon Bank Scandal, June 06
HSBC faces preliminary charges from French prosecutors over assisting Lebanese central bank governor Riad Salameh in alleged fund misappropriation.
Spain Social Security Reforms: Two Pensions Now Possible for Self-Employed, June 05
Self-employed workers can collect two retirement pensions if they meet contribution requirements in multiple Spanish Social Security regimes.
Meta Stock Falls 6.6% on Potential Equity Raise for AI, June 05
Meta stock falls 6.6% after FT reports company considering tens of billions in equity raise to fund AI infrastructure and data centers.