Deutsche Bank forecasts ECB rate cuts ending early, with possible hikes by 2026 amid shifting economic outlooks.
Saudi Arabia pushes OPEC+ to boost oil output, aiming for market share despite opposition and price risks.
Aramco lowers Asian Arab Light prices, raises European rates, amid OPEC+ production hike and demand concerns.
US economic concerns weaken dollar; gold rises, bond yields fall; focus shifts to ECB decision, trade talks.
China’s May PMIs show mixed trends; official and Caixin indices highlight differing economic perspectives and scopes.
Dogecoin eyes $0.20 mark as bullish momentum builds; short-term dip possible before potential rally continues.
Canada and U.S. near trade deal; potential tariff relief may boost Canadian dollar and stabilize exchange rates.
Economic activity dipped slightly; regional trends varied. Uncertainty, tariffs, and cautious hiring influenced spending, prices, and manufacturing.
Bank of America sees payrolls rising; tariff-related risks persist, but Fed policy likely remains unchanged.
Saudi Arabia boosts output by 411,000 barrels daily, aiming to expand global oil market share.
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