Global Markets Mostly Lower on Continued Trade Tensions; Eurozone CPI Data In Focus
Stocks and U.S. futures were down as trade tensions persisted ahead of eurozone inflation data Tuesday and an ECB rate decision later this week.
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China's New Trade Negotiator Is Ready to Play Hardball
He Lifeng, Beijing's economic gatekeeper, has a clear mandate from Xi Jinping: China won't be catering to the U.S.
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Why Trump's Nuclear Plans Have So Far Failed to Boost Uranium Prices
Plans for a U.S. nuclear-power revival have excited uranium investors, stoking demand for shares in companies that produce the fuel.
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China's Manufacturing Activity Tumbles Into Contraction as Orders Drop
A private gauge of China's manufacturing activity tumbled into contraction in May, as tariffs continue to weigh despite a trade truce with the U.S.
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BOJ's Ueda Promises Not to Push for Rate Hikes If Economy Isn't Strong Enough
Kazuo Ueda said the BOJ would make policy judgment without any preconceptions amid uncertainty regarding trade frictions.
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Switzerland Records Deflation for First Time in Four Years
Consumer prices were in deflationary territory in May, a milestone that raises the prospect of the Swiss National Bank cutting interest rates further later this month.
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Turkey Inflation Keeps Falling in Boost to Central Bank
Consumer prices were 35.4% higher on year in May, easing from 37.9% in April, after the central bank lifted its key interest rate in response to recent political turmoil and market jitters.
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RBA Board Seriously Weighed Option of Bigger Rate Cut in May
Events in the global economy are clearly weighing on the Reserve Bank of Australia, and money markets expect further cuts.
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Russia and Ukraine Ratchet Up War While Trying to Show Trump They Want Peace
After Ukraine's drone strikes on Russian air bases, the two sides talked for less than an hour in Istanbul and a halt to the fighting seems out of reach for now.
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The Dollar Had Its Biggest Drop to Start the Year. It Could Get Worse.
A section of the tax and spending bill would allow the government to apply new taxes on foreign investment from countries deemed to have unfair tax schedules of their own.
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U.S. Proposes Lifting Oil and Gas Development Curbs at Alaska Reserve
The Interior Department is seeking to rescind 2024 restrictions.
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Why oil's rally after Russia's 'Pearl Harbor' moment may be short-lived
Ukraine's audacious attack on Russian airfields sent a shockwave through the oil market, but analysts doubt the rally will last as OPEC+ accelerates production hikes.
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Poland Has a New Government. The Economy Will March On.
The close election result shows Poland is still bitterly divided on social and cultural issues. Not so much on economic policy.
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Trump's Tax Bill Heads to the Senate. The Bond Vigilantes Are Waiting.
GOP senators have changes they want to make to the House version. Medicaid and SALT are in the crosshairs.
(END) Dow Jones Newswires
June 03, 2025 05:00 ET (09:00 GMT)
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