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Brent crude oil fell 5.00% on the day, currently trading at $78.79 per barrel.

2026-06-16

Brent crude oil fell 5.00% on the day, currently trading at $78.79 per barrel.

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2026-06-16

According to the National Bureau of Statistics, from January to May, the total online retail sales of goods and services nationwide reached 8,317.7 billion yuan, a year-on-year increase of 5.9%. Among them, online retail sales of goods reached 5,271.

According to the National Bureau of Statistics, from January to May, the total online retail sales of goods and services nationwide reached 8,317.7 billion yuan, a year-on-year increase of 5.9%. Among them, online retail sales of goods reached 5,271.8 billion yuan, an increase of 5.0%; within online retail sales of goods, food, clothing, and daily necessities increased by 15.5%, 7.2%, and 1.6% respectively. Online retail sales of services reached 3,045.9 billion yuan, an increase of 7.6%.
2026-06-16

The Reserve Bank of Australia left the cash rate target at 4.35% and said inflation remains high, warning it will take all necessary measures — including further increases in the cash rate target if required — to curb inflation. The Board noted recen

The Reserve Bank of Australia left the cash rate target at 4.35% and said inflation remains high, warning it will take all necessary measures — including further increases in the cash rate target if required — to curb inflation. The Board noted recent Middle East developments have eased oil prices and reduced near-term inflation risk but cautioned that resolution is at an early stage and there are plausible scenarios where inflation exceeds May baseline forecasts while activity is weaker; global oil-supply issues could continue to pressure energy prices and inflation. The unanimous decision was largely priced; the swap market implies about a 30% chance of an August hike and roughly 16bps of tightening priced for the year.
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