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The German DAX 30 index opened down 184.51 points, or 0.73%, at 24,932.35 on Wednesday, June 3rd; the UK FTSE 100 index opened down 7.02 points, or 0.07%, at 10,366.49 on Wednesday, June 3rd; and the French CAC 40 index opened down 25.99 points, or 0

2026-06-03

The German DAX 30 index opened down 184.51 points, or 0.73%, at 24,932.35 on Wednesday, June 3rd; the UK FTSE 100 index opened down 7.02 points, or 0.07%, at 10,366.49 on Wednesday, June 3rd; and the French CAC 40 index opened down 25.99 points, or 0.32%, at 8,183.10 on Wednesday, June 3rd. The Stoxx 50 index opened down 14.35 points, or 0.23%, at 6093.50 on Wednesday, June 3; the Spanish IBEX 35 index opened up 69.37 points, or 0.38%, at 18341.37 on Wednesday, June 3; and the Italian FTSE MIB index opened down 198.04 points, or 0.39%, at 50380.50 on Wednesday, June 3.

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2026-06-03

UK official reserves fell $537 mln in May, after a $1.263 bln increase in the prior month.

UK official reserves fell $537 mln in May, after a $1.263 bln increase in the prior month.
2026-06-02

Hammack said that, given uncertainty in the economic outlook, keeping rates unchanged is reasonable for now but officials may need to act soon to address rising inflation. She said she is more worried about inflation — which has exceeded the Fed's 2%

Hammack said that, given uncertainty in the economic outlook, keeping rates unchanged is reasonable for now but officials may need to act soon to address rising inflation. She said she is more worried about inflation — which has exceeded the Fed's 2% target for about five years — than about the still-strong labor market. Hammack added the Fed's policy rate may not be restrictive, that she has not heard businesses complain high rates are curbing investment, and that price pressures are broad-based across goods and non-housing services.
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