
Trump Signals Opposition to USMCA Renewal as U.S. Reviews Trade Relations with Canada and Mexico
Jun 10, 2026 23:49 pm UTC| Politics Economy
President Donald Trump indicated that he may not support renewing the United States-Mexico-Canada Agreement (USMCA), raising fresh uncertainty about the future of North American trade. Speaking at the White House on...

US Dollar Edges Higher as Inflation Data and Middle East Tensions Shape Market Sentiment
Jun 10, 2026 23:39 pm UTC| Economy
The U.S. dollar posted modest gains on Wednesday as investors weighed mixed signals from inflation data alongside escalating geopolitical tensions in the Middle East. The U.S. Dollar Index (DXY), which measures the...

Gold Prices Drop as Strong Dollar, Rising U.S.-Iran Tensions Weigh on Market Sentiment
Jun 10, 2026 23:37 pm UTC| Economy
Gold prices fell sharply on Wednesday, declining more than 4% as investors reacted to a stronger U.S. dollar, heightened geopolitical tensions in the Middle East, and changing expectations for Federal Reserve interest...

Oil Prices Surge Above $93 as Trump Escalates Iran Pressure and Strait of Hormuz Tensions Deepen
Jun 10, 2026 23:35 pm UTC| Economy
Global oil prices climbed sharply on Wednesday as U.S. President Donald Trump intensified pressure on Iran, raising concerns over prolonged disruptions in the Middle East and tightening global energy supplies. Brent crude...

Wall Street Slides as U.S.-Iran Tensions Escalate; Tech Stocks Extend Losses in 2026
Jun 10, 2026 23:34 pm UTC| Economy
Wall Street ended sharply lower on Wednesday as growing tensions between the United States and Iran overshadowed inflation data that largely met market expectations. Investors moved away from risk assets amid concerns...

New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election
Jun 10, 2026 03:38 am UTC| Central Banks Economy
New Zealands economic outlook has become increasingly complicated as rising inflation and elevated unemployment place the Reserve Bank of New Zealand (RBNZ) under growing pressure ahead of the closely contested 2026...

China Inflation Misses Forecast as Consumer Spending Stays Weak, Producer Prices Surge
Jun 10, 2026 03:37 am UTC| Economy
Chinas inflation data for May 2026 highlighted continued weakness in consumer spending, while factory-gate prices climbed at their fastest pace in nearly four years due to rising energy costs linked to ongoing Middle East...