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    11 June 2025
    A US official stated Trump intends to maintain China tariffs at 30%, totalling an effective rate of 55%

    The U.S. maintains a 55% effective tariff rate on China, including levies on fentanyl and imports.

    11 June 2025
    Canadian building permits fell 6.6% in April, worse than expected, influenced by lower US CPI data

    Canadian building permits fell 6.6% in April, driven by sharp declines in multi-family housing in British Columbia.

    11 June 2025
    Trump announced on Truth Social that a deal with China is complete, improving their relationship

    Trump announces China deal for rare earths and students; tariff terms unclear, markets react cautiously.

    11 June 2025
    Mortgage applications surged, with the purchase index rising significantly while rates remain around 7%

    US mortgage applications surged 12.5%, rebounding strongly with gains in both refinancing and purchase activity.

    11 June 2025
    A Federal Appeals Court ruling permits tariffs, marking a notable victory for Trump and the U.S.

    Federal court upholds U.S. tariffs, extending Trump’s measures as trade deal deadline approaches with urgency.

    11 June 2025
    Trump expressed reduced confidence in the Iran deal, impacting crude oil prices significantly.

    President Trump’s Iran deal doubts spiked oil prices, highlighting the value of timely news for market advantage.

    11 June 2025
    Ishiba, Japan’s prime minister, asserts progress in US tariff talks, prioritising the auto sector over agriculture

    Japan reports progress in U.S. tariff talks, stressing protection of auto and agriculture industries amid negotiations.

    11 June 2025
    Forecast distributions for US CPI indicate clustered upper estimates, influencing market reactions based on surprises

    Market reacts sharply to CPI surprises, with forecast clustering influencing expectations for Fed rate cuts.

    11 June 2025
    Negotiated wages decreased, influencing the ECB’s policy direction and inflation projections for 2025

    ECB wage tracker shows declining negotiated wage growth, supporting policy strategy and lower future inflation expectations.

    11 June 2025
    Kazaks believes further cuts may be necessary to maintain 2% inflation amidst economic uncertainties

    The ECB plans careful rate adjustments, aiming for 2% inflation amid deflationary risks and global uncertainties.

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