US producer prices spike in May as soaring energy prices fuel largest yearly jump since 2022 U.S. producer prices climbed last month at the fastest pace since November 2022, fueled by surging energy prices AAP · Jun 11
Wholesale Prices Rise More Than Expected In May, Highlighting Inflationary Pressures Wholesale prices rose more than expected in May, highlighting inflationary pressures in the U.S. International Business Times · Jun 11
NYSE Content Update: Visa Announces Payments Partnership with OpenAI NEW YORK, June 11, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Lance Glinn delivers the pre-market update on June 11thWall Street digests inflation data for a… AAP · Jun 11
ECB hikes interest rate by 25 bps, first since 2023 to tame Iran war inflation The European Central Bank raised its benchmark interest rate by a quarter point to 2.25 percent, marking its first hike since 2023. This move aims to combat accelerating inflation, driven by the Middle East war's energy shock, despite concerns for the struggling eurozone economy. The ECB also lowered its growth… The Economic Times · Jun 11
Trump eclipsing America 250 with his own birthday celebration is exactly what we deserve ANALYSIS: Is there any more honest way to kick off the celebrations for 250 years of America than letting an egomaniac throw people in cages? Holly Baxter writes about what America deserves versus what America gets The Independent UK · Jun 11
ECB raises interest rates for the first time in three years as Iran war fuels inflation The European Central Bank has lifted its deposit facility rate by 0.25% to 2.25%, marking a decisive pivot back to tightening as the Iran war pushes eurozone inflation to its highest level in nearly three years. Euronews · Jun 11
Europe's central bank raises rates to fight inflation from Iran war, the Fed to decide next week The European Central Bank on Thursday became the first major central bank to raise interest rates in response to the Iran war The Independent UK · Jun 11
ECB raises eurozone interest rates as Iran war stokes inflation European Central Bank increases main deposit rate to 2.25%, with two further rises expected by next spring The Guardian - UK · Jun 11
India bonds end higher as oil eases; focus shifts to debt sale, inflation Thursday marked a positive performance for Indian government bonds, buoyed by falling oil prices that alleviated fears tied to the U.S.-Iran crisis. The Reserve Bank of India took decisive action to lure foreign investors and stabilize the rupee, creating a favorable atmosphere for bond trading. Investors are looking ahead to… The Economic Times · Jun 11
Donald Trump Defends Soaring Costs As He Claims To 'Love' New Inflation Figures Donald Trump said he 'loves' the latest 4.2 per cent US inflation figure, insisting soaring prices are tied to his war with Iran and secretive oil moves in the Strait of Hormuz. International Business Times UK · Jun 11
The BBC quizzed chip maker TSMC on the possibility of increased prices and you're really not going to like the answer Inflation and TSMC's "value" looks set to push prices ever higher. PC Gamer · Jun 11
Eurogroup chief tells Euronews 'fiscal policy must not contradict ECB' effort to tame inflation Pierrakakis tells Euronews fiscal policy must not contradict the ECB's efforts to tame inflation as the central bank prepares to raise interest rates. Rome is calling for more flexibility pegged to rising energy costs as a result of war. Euronews · Jun 11
First Thing: US and Iran trade fire after Trump threatens Tehran over stalled talks Iran says US attacks make ceasefire ‘practically meaningless’. Plus, Trump says ‘I love the inflation’ when asked about jump to 4.2% The Guardian - UK · Jun 11
Stocks Climb Before the Open on U.S.-Iran Peace Hopes, PPI Data in Focus June S&P 500 E-Mini futures (ESM26) are up +0.79%, and June Nasdaq 100 E-Mini futures (NQM26) are up +1.21% this morning as investors stepped in to buy the dip after the swift end to the latest round of U.S. strikes against Iran fueled expectations that talks over a peace deal… Barchart · Jun 11
The Economic Times · Jun 11 Infosys, HCL Tech, other IT stocks tumble up to 3%. What's spooking investors? Indian IT stocks, led by Infosys, HCLTech and LTIMindtree, fell up to 3% as hotter-than-expected US inflation fuelled concerns over prolonged higher interest rates. The selloff was compounded by lingering worries about AI-driven disruption and its potential impact on future technology spending and demand from key US clients.
Euronews · Jun 11 European markets open cautiously ahead of ECB rate decision The European Central Bank is widely expected to raise interest rates for the first time since 2023 as policymakers respond to rising inflation fuelled by higher energy prices linked to the Iran war.
Euronews · Jun 11 'I love the inflation,' Trump says as prices jump again Trump, who was in part elected on his promises to tackle inflation, said he had been prepared for the war in Iran to hit stock markets and oil prices.
The Economic Times · Jun 11 Bitcoin trades below $63,000 despite softer inflation concerns after US CPI data Bitcoin dipped below $63,000 despite in-line CPI data, trading at $62,740. Major altcoins saw mixed movements, with some gaining up to 3% while Hyperliquid fell. Analysts note Bitcoin's range-bound trading and tentative recovery, with ETF flows reflecting caution. Despite market volatility, crypto adoption continues to grow.
International Business Times UK · Jun 11 Trump Hands Democrats Election Gift With Shock 'I Love the Inflation' Remark as Cost-of-Living Crisis Hits Three-Year High US President Donald Trump's 'I love the inflation' remark has ignited political controversy as inflation reaches a three-year high, impacting American households amid ongoing Middle East conflicts.
The Economic Times · Jun 11 India bond demand wanes as US-Iran tensions lift oil Indian government bonds saw reduced demand on Thursday. Renewed U.S.-Iran strikes pushed oil prices higher. This development raises concerns about India's economy, the world's third-largest oil importer. Foreign banks sold Indian bonds, marking a significant outflow. Economists predict mounting costs if the conflict persists. Inflation is expected to average 5.1%…
The Economic Times · Jun 11 Gold, silver ETFs tumble up to 7% as US-Iran tensions and inflation fears hit sentiment. Time to buy the dip? Gold and silver ETFs tumbled on Thursday as precious metal prices fell sharply amid heightened geopolitical tensions, rising crude oil prices and inflation concerns. SBI Gold ETF was the worst-hit gold fund, while silver ETFs also posted losses, prompting investors to reassess buying opportunities in the segment.
The Economic Times · Jun 11 Gold prices dip Rs 1,600/10 gm, silver crashes Rs 5,000/kg after rising oil prices amid West Asia tensions. Time to sell? Gold and silver prices opened lower on MCX Thursday. Fresh Middle East tensions and rising oil prices impacted sentiment. US attacks on Iran contributed to the decline. MCX silver futures for July 2026 delivery fell significantly. Gold futures for August 2026 delivery also slipped. Soaring inflation amid the West Asia…
The Economic Times · Jun 11 Kospi tanks 9% in just two sessions! What’s causing bloodbath in 2026’s top market? South Korea’s KOSPI has plunged 9% in two sessions after a strong 2026 rally, as AI-driven semiconductor stocks face profit booking. Rising U.S. inflation, geopolitical tensions in West Asia and leveraged ETF volatility have intensified the sell-off, raising concerns that the AI-led rally may have outpaced fundamentals.
The Economic Times · Jun 11 Dollar shaky as investors weigh rate outlook, Middle East worries U.S. dollar weakened amid new Middle East strikes and rising consumer inflation, causing investor unease about the Federal Reserve's policy. Despite ongoing tit-for-tat strikes, market reactions were subdued, with analysts citing "news fatigue" and a craving for certainty. Meanwhile, the European Central Bank is poised to raise rates to combat…
Bangkok Post · Jun 11 ‘I love the inflation’: Backlash greets latest Trump comment WASHINGTON - US President Donald Trump on Wednesday brushed off concerns about consumer inflation surging to a fresh three-year high in May, on the back of soaring energy prices caused by his war in Iran.