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Switzerland has indicated that a potential signing ceremony for a memorandum of understanding between the US and Iran is currently scheduled for Friday, June 19, in Bürgenstock, in central Switzerland.

2026-06-16

Switzerland has indicated that a potential signing ceremony for a memorandum of understanding between the US and Iran is currently scheduled for Friday, June 19, in Bürgenstock, in central Switzerland.

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2026-06-16

China industrial value added at firms above designated size rose 4.5% YoY in May, accelerating 0.4 ppt from April; MoM +0.40%. By sector, mining +2.3% YoY, manufacturing +4.4%, utilities (power, heat, gas, water) +7.6%. Equipment manufacturing value

China industrial value added at firms above designated size rose 4.5% YoY in May, accelerating 0.4 ppt from April; MoM +0.40%. By sector, mining +2.3% YoY, manufacturing +4.4%, utilities (power, heat, gas, water) +7.6%. Equipment manufacturing value added +9.5% YoY (up 1.2 ppt); high‑tech manufacturing +15.1% YoY (up 2.3 ppt). By product, May output of 3D printing equipment +54.4% YoY, lithium‑ion batteries +40.0%, industrial robots +27.9%. Jan–May industrial value added +5.4% YoY. May manufacturing PMI 50.0; enterprise business expectations index 53.9. Jan–Apr profits at industrial firms above designated size totaled 2.436 trillion yuan, up 18.2% YoY.
2026-06-16

US housing starts in May were annualized at 1.177 mln units, the lowest since May 2020.

US housing starts in May were annualized at 1.177 mln units, the lowest since May 2020.
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