EUR/USD
1.15972
-0.287%
Gold
4442.05
-1.020%
Oil
94.082
2.635%
USD/JPY
160.029
0.066%
GBP/USD
1.34151
-0.364%
GBP/JPY
214.685
-0.300%
Real-time News
June 4th - The Federal Reserve stated that economic activity in most parts of the United States has grown at a moderate pace in recent weeks, while employment has remained largely unchanged. In its latest Beige Book, the Fed indicated that inflation levels in most Fed districts were higher than in the previous report, primarily due to the impact of the Middle East wars on energy prices. Since the outbreak of the war with Iran, rising energy prices have raised concerns about sustained inflation, leading more policymakers to believe they need to retain all policy options, including a tighter monetary policy. However, many officials stated that current interest rate conditions remain favorable.The Central Bank of Tunisia maintained its benchmark interest rate at 7%.June 4th - The Federal Reserve stated on Wednesday that U.S. economic activity has increased slightly in recent weeks, while employment has remained largely flat, and the effects of rising energy prices due to the Middle East conflict have spread across various sectors. In its latest Beige Book report, the Fed stated, "The business outlook for the next six months is little changed in terms of expected growth, as heightened uncertainty and signs of weak consumer spending dampened market sentiment." The report added, "Regions noted that energy costs related to the Middle East conflict were the primary driver of inflationary pressures, with their impact spilling over into the transportation, packaging, grocery, and fertilizer sectors."Hungarian Prime Minister Majol: This agreement may pave the way for Hungary to approve the first phase of Ukraines accession negotiations with the EU.Hungarian Prime Minister Majol: The government does not support accelerating the negotiations for Ukraines accession to the European Union.
