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Market news: SoftBank's plan to secure a $6 billion loan by pledging its OpenAI equity has been thwarted.
2026-06-10
Market news: SoftBank's plan to secure a $6 billion loan by pledging its OpenAI equity has been thwarted.
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2026-06-10
Iran state media confirmed a missile strike on the Sirik region.
Iran state media confirmed a missile strike on the Sirik region.
2026-06-10
Wednesday’s US CPI matched forecasts: May headline CPI YoY +4.2%, core CPI YoY +2.9%. The print bolsters the view the Fed will hold policy rates at 3.50%–3.75% at the June meeting and sustain a higher-for-longer stance. Ahead of the release, CME FedW
Wednesday’s US CPI matched forecasts: May headline CPI YoY +4.2%, core CPI YoY +2.9%. The print bolsters the view the Fed will hold policy rates at 3.50%–3.75% at the June meeting and sustain a higher-for-longer stance. Ahead of the release, CME FedWatch showed a 98% probability of a June hold; markets still price roughly one 25bp hike by year-end.
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