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Real-time News
The Bank of Canada will announce its interest rate decision in ten minutes.
According to the Islamic Republic of Iran Broadcasting (IRIB), a Qatari delegation has arrived in Tehran to mediate the situation between the United States and Iran.
June 10th - U.S. core CPI rose 0.2% month-over-month in May, below market expectations of 0.3%, causing U.S. Treasuries to strengthen slightly as bond traders maintained their bets on a Federal Reserve rate hike before the end of the year. The data was seen as easing some pressure on the Fed ahead of Kevin Warshs first meeting as Fed chair next week. Following the CPI release, most U.S. Treasury yields fell less than one basis point. The two-year Treasury yield, more sensitive to short-term monetary policy changes, was at 4.11%, down from around 4.13% earlier in the session. Dan Carter, senior portfolio manager at Fort Washington Investment Advisors, said, "This gives the Fed a little breathing room."
Bank of America (BAC.N) will launch a new compensation plan tool.
Micron Technology (MU.O): Partnering with Beckett to advance its New York semiconductor project.