Bank of Japan says Governor Ueda is expected to be hospitalized for about two weeks.

The U.S. Labor Department said Wednesday May CPI rose 4.2% YoY, up from April’s 3.8% and the strongest annual increase since April 2023. Energy costs—boosted since late-February strikes by the U.S. and Israel against Iran—are sustaining upward price pressure and have damped consumer confidence. There is little sign that tankers will gain sustained transit through the Strait of Hormuz, implying continued supply-side strain in global energy markets.

European equities on June 9: Germany's DAX fell 218.10 points (-0.89%) to 24,423.75; UK's FTSE 100 declined 141.59 points (-1.36%) to 10,231.61; France's CAC 40 rose 4.14 points (0.05%) to 8,203.43; Euro STOXX 50 dropped 10.84 points (-0.18%) to 6,051.45; Spain's IBEX 35 slipped 44.77 points (-0.25%) to 18,178.33; Italy's FTSE MIB gained 68.37 points (0.14%) to 50,276.50.