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Expectations of a U.S.-Iran peace agreement pushed UK gilt yields down 9-13 bps on the day.

2026-06-12

Expectations of a U.S.-Iran peace agreement pushed UK gilt yields down 9-13 bps on the day.

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2026-06-12

The State Administration of Foreign Exchange Tianjin sub-branch issued a notice, effective June 15, 2026, to streamline refund procedures for foreign countries institutions' onshore foreign-exchange NRA (non-resident) accounts to facilitate cross-bor

The State Administration of Foreign Exchange Tianjin sub-branch issued a notice, effective June 15, 2026, to streamline refund procedures for foreign countries institutions' onshore foreign-exchange NRA (non-resident) accounts to facilitate cross-border trade and investment in the free-trade pilot zone. For NRA-originated payments to domestic accounts that are returned for objective reasons, the converting bank may temporarily park funds in an internal account to avoid FX losses; if unresolved within 24 hours the bank will repurchase foreign exchange and return the funds via the original route.
2026-06-12

The preliminary reading of the University of Michigan Consumer Sentiment Index for June was 48.9, below the expected 46 and the previous reading of 44.8.

The preliminary reading of the University of Michigan Consumer Sentiment Index for June was 48.9, below the expected 46 and the previous reading of 44.8.
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