German investor confidence improved unexpectedly sharply on hopes the war in the Middle East would end soon and prompt energy prices to cool.
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German Investor Confidence Jumps on Hopes of End to Middle East Conflict
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Boston Fed President Susan Collins flagged the possibility that the central bank might need to raise interest rates if inflation pressures broaden in coming months
In an interview, the Fed official said she is watching how households’ inflation expectations have drifted higher. Source link
China’s Exports Gain Momentum; Import Growth Picks Up
China’s export growth accelerated in May, offering a vital lifeline to an economy otherwise bogged down by a persistent domestic slowdown. Source link