China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Trump Meets Mexico and Canada Leaders After 2026 World Cup Draw Amid USMCA Tensions 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
U.S. stocks are nearing record highs following a sharp rebound from April’s slump, with the S&P 500 closing above 6,000 for the first time since February. Investor focus now shifts to May’s Consumer Price Index (CPI) report, which could be a key driver for market direction ahead of the Federal Reserve’s June 17–18 policy meeting.
Markets rallied last week on the back of a strong U.S. jobs report, easing fears of an economic slowdown. However, uncertainty remains high, with investors seeking clarity on trade policies and inflation trends. President Trump has dialed back some of the harsher tariffs announced on April 2, but concerns linger over the broader economic impact of the remaining levies.
The CPI release on Wednesday is expected to reveal whether tariffs are driving consumer prices higher. Any sign of reaccelerating inflation could pressure consumer spending and weigh on economic growth. Analysts note that a cooler-than-expected CPI reading could lift stocks toward new highs, while persistent inflation may trigger caution.
The S&P 500 is up 2% year-to-date and has surged more than 20% since bottoming out in early April. Yet, looming fiscal uncertainty adds to market jitters. A sweeping tax-cut and spending bill under Senate review has sparked concerns over rising debt levels, with Man Group’s Kristina Hooper warning that increasing deficits could hinder growth.
Adding to volatility, a public rift between Trump and Tesla CEO Elon Musk over the bill has unsettled markets. Meanwhile, U.S.-China trade negotiations are set to resume Monday in London as a 90-day tariff pause nears its July 8 expiration.
As Wall Street eyes inflation data, fiscal policy, and trade talks, investors are navigating a complex landscape of opportunity and risk.
