June 23, 2025 United States: Dollar Surges as Mideast Escalation Spurs Inflation Risk   The dollar rose to the highest level in nearly a month as US strikes on Iran spurred demand for the haven currency while underscoring the risks posed by climbing oil prices.   The Bloomberg Dollar Spot index gained as much as

June 20, 2025   United States: Stocks Rise on Waller’s Remarks and Mideast Hopes   A post-holiday Wall Street session saw stocks rising and short-dated Treasuries outperforming after Federal Reserve Governor Christopher Waller said rates could drop as soon as July, while concerns about a direct US involvement in the Middle East conflict eased as

June 19, 2025 United States: Fed Officials Hold Rates Again, Still See Two Cuts by Year End   Federal Reserve officials continued to pencil in two interest-rate cuts in 2025, though new projections showed a growing divide among policymakers over the trajectory for borrowing costs as tariffs make their way through the US economy.  

June 18, 2025 United States: US Jobless Claims Stabilize Near Highest Levels This Year   Applications for US unemployment benefits ticked down last week, stabilizing near the highest levels in eight months.   Initial claims decreased by 5,000 to 245,000 in the week ended June 14, in line with the median forecast in a Bloomberg

June 17, 2025 United States: US Retail Sales Drop for a Second Month, Dragged Down by Cars   US retail sales fell for a second straight month in May, suggesting anxiety over tariffs and their finances prompted consumers to pull back after an early-year spending rush.   The value of retail purchases, not adjusted for