EUR/USD
1.15628
0.266%
Gold
4293.11
-0.846%
Oil
86.470
-3.638%
USD/JPY
160.247
0.048%
GBP/USD
1.33991
0.453%
GBP/JPY
214.726
0.508%
Real-time News
June 9th - Existing home sales in the U.S. accelerated in May, reaching their highest level this year, injecting optimism into a lackluster spring sales season. Newly released data shows that existing home sales rose at an annualized monthly rate of 3.2% in May, with a total annualized sales volume of 4.17 million units. Lawrence Yu, chief economist at the National Association of Realtors (NAR), stated, "More and more Americans are moving, and home sales have risen to their highest level since December of last year. This is good news for the housing market and the economy."U.S. Energy Secretary Wright: Oil exports from the Strait of Hormuz and the Persian Gulf will increase.Israel Defense Forces Chief of Staff: We are ready to immediately return to the fight against Iran. The recent attacks on Iran are a prelude to a more powerful and severe blow.Israel Defense Forces Chief of Staff: Our forces are on alert and will take action against any detected threats.June 9th - TD Securities predicts that the upcoming US May CPI report will confirm that inflation is slowing but remains stubbornly high. The firm expects the US May core CPI month-on-month rate to fall to 0.23%, with the year-on-year rate remaining flat at 2.8%; the overall CPI month-on-month rate will fall to 0.4%, while the year-on-year rate will rise to 4.2%. Looking at the sub-categories, commodity prices are expected to rise 0.13% month-on-month in May, in line with the three-month average. Core goods, excluding automobiles, contributed the majority of the increase, with categories such as home furnishings and clothing also showing increases. A further decline in used car prices is expected to partially offset this increase. Furthermore, the continued transmission of the oil price shock and tariff effects is expected to push core inflation to around 3.0% year-on-year in June. There is an upside risk if aviation fuel costs are passed on to airfares at a greater-than-expected rate. Looking ahead to the second half of 2026, core inflation is not expected to see a meaningful decline. Prices of core goods, excluding automobiles, will continue to show strength, while housing costs will normalize from their high levels.
