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Indian government officials say spending priorities will be reassessed in October and November.

2026-06-09

Indian government officials say spending priorities will be reassessed in October and November.

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2026-06-09

BofA global research forecasts US May headline CPI +0.46% MoM, lifting YoY to 4.2% from April’s 3.8% — the highest since April 2023 — driven by a renewed large rise in energy. Core CPI is seen at +0.20% MoM, 2.8% YoY. The bank attributes the call to

BofA global research forecasts US May headline CPI +0.46% MoM, lifting YoY to 4.2% from April’s 3.8% — the highest since April 2023 — driven by a renewed large rise in energy. Core CPI is seen at +0.20% MoM, 2.8% YoY. The bank attributes the call to modest core goods gains (+0.05% MoM), rents trending toward normalization and softer ex-rent core services. Markets will focus on how the CPI print informs core PCE; BofA notes core PCE has run above core CPI since last November, making this CPI release particularly relevant for policy outlook.
2026-06-09

Merchants at Shenzhen's Shuibei gold market said that when prices were rising they could sell about 2 kg a day, generating roughly 2 million yuan in daily sales. With gold prices falling recently, many consumers are "looking but not buying", and a nu

Merchants at Shenzhen's Shuibei gold market said that when prices were rising they could sell about 2 kg a day, generating roughly 2 million yuan in daily sales. With gold prices falling recently, many consumers are "looking but not buying", and a number of peers have sold inventories and exited the business.
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