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China stocks close June 16: Shanghai Composite down 4.58 points (-0.11%) at 4,091.89; Shenzhen Composite up 144.14 points (+0.93%) at 15,675.25; CSI 300 down 7.48 points (-0.15%) at 4,884.23; ChiNext up 69.41 points (+1.72%) at 4,102.94; STAR 50 Inde

2026-06-16

China stocks close June 16: Shanghai Composite down 4.58 points (-0.11%) at 4,091.89; Shenzhen Composite up 144.14 points (+0.93%) at 15,675.25; CSI 300 down 7.48 points (-0.15%) at 4,884.23; ChiNext up 69.41 points (+1.72%) at 4,102.94; STAR 50 Index up 10.09 points (+0.58%) at 1,758.42.

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2026-06-15

Leslie Falconio, head of taxable fixed income strategies at UBS Global Wealth Management, said the U.S.-Iran agreement drove oil prices lower and strengthened Treasures, reducing pressure for Fed rate hikes. She noted two-year Treasury yields had ris

Leslie Falconio, head of taxable fixed income strategies at UBS Global Wealth Management, said the U.S.-Iran agreement drove oil prices lower and strengthened Treasures, reducing pressure for Fed rate hikes. She noted two-year Treasury yields had risen earlier because markets had priced nearly a 100% probability of a December hike; with oil retreating, markets are retracting those expectations and two-year yields are pulling back. New Fed chair Kevin Warsh will front over his first rate decision this week; Falconio expects the FOMC to formally drop an easing bias, making the policy outlook more hawkish. She still expects the Fed's next policy move will be rate cuts in 2027.
2026-06-16

The president of the European Investment Bank said a huge deal will be signed later this month with a major European defense company.

The president of the European Investment Bank said a huge deal will be signed later this month with a major European defense company.
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