OFF THE WIRE

Reuters

Deal getting US-China trade truce back on track is done, Trump says

WASHINGTON/LONDON, June 10 (Reuters) - A deal getting the fragile truce in the U.S.-China trade war back on track is done, U.S. President Donald Trump said on Wednesday, after negotiators from Washington and Beijing agreed on a framework covering tariff rates.The deal also removes Chinese export restrictions on rare earth minerals and allows Chinese students access to American universities.

Jun 11, 2025 - 4:24 PM

Reuters

S&P 500 ends lower; traders focus on Middle East tension and await details on trade deal

June 11 (Reuters) - The S&P 500 ended lower on Wednesday, with investors spooked by Middle East tensions, while a tame inflation report calmed concerns around tariff-driven price pressures and traders awaited more details on China-U.S. trade talks.Wall Street erased modest gains after sources said the United States is preparing a partial evacuation of its Iraqi embassy due to heightened security risks in the region. A senior Iranian official said earlier that Tehran will strike U.S. bases in the region if nuclear negotiations fail and conflict arises with the United States.

Jun 11, 2025 - 4:19 PM

Reuters

Oil prices climb to 2-month high on Middle East supply risks, US-China trade deal

NEW YORK, June 11 (Reuters) - Oil prices rose more than 3% on Wednesday, to their highest in more than two months, after reports the United States is preparing to evacuate its Iraqi embassy due to heightened security concerns in the Middle East.

Jun 11, 2025 - 3:16 PM

Reuters

Dollar keeps losing market share but euro slow to benefit: ECB study

FRANKFURT, June 11 (Reuters) - The dollar continued to lose market share as the world's dominant currency last year but mostly smaller rivals and gold benefited rather than the euro, an ECB report showed on Wednesday.

Jun 11, 2025 - 2:33 PM

Reuters

US, China reach framework deal to ease export restrictions

US and Chinese officials agreed on a framework to put their trade truce back on track and resolve China’s export restrictions on rare earth minerals and magnets, US Commerce Secretary Howard Lutnick said on Tuesday at the conclusion of two days of intense negotiations in London.Lutnick told reporters that the framework puts “meat on the bones” of a deal reached last month in Geneva to ease retaliatory tariffs that had faltered over China’s curbs on critical minerals exports. The deal also will remove some US export restrictions that were recently put in place, he said.

Jun 11, 2025 - 2:05 PM

Glencore halted some cobalt deliveries over Congo export ban

Reuters - Jun 11, 2025 - 2:03 PM

Lower-grade Australian iron ore sparks global benchmark change

Reuters - Jun 11, 2025 - 1:46 PM

China coal imports could drop by up to 100mt in 2025, industry group says

Reuters - Jun 11, 2025 - 1:44 PM

Gold holds gains after cooler-than-expected US inflation data

Reuters - Jun 11, 2025 - 1:18 PM

Platinum surges, palladium lags on narrow demand profile

Reuters - Jun 11, 2025 - 1:12 PM

Investors pull out of US stocks and into Europe and emerging markets

Reuters - Jun 11, 2025 - 1:10 PM

US consumer prices rise moderately; tariffs seen fanning inflation

Reuters - Jun 11, 2025 - 1:03 PM

Wall Street rises after cooler May inflation data

Reuters - Jun 11, 2025 - 12:20 PM

Stocks up, Treasury yields down on cooler inflation, US-China deal

Reuters - Jun 11, 2025 - 12:10 PM

Bank of America expects markets business to post 13th quarter of revenue growth

Reuters - Jun 11, 2025 - 12:09 PM

US-China trade deal is 'done,' Trump says

Reuters - Jun 11, 2025 - 11:35 AM

Analysts react to US-China trade agreement

Reuters - Jun 11, 2025 - 11:05 AM

Trump says Fed should lower rates by 'one full point'

Reuters - Jun 11, 2025 - 10:24 AM

Hopes for Fed rate cuts keep US Treasury yield views low ahead of supply deluge: Reuters poll

Reuters - Jun 11, 2025 - 10:10 AM

Investors pull out of US stocks and into Europe and emerging markets

Reuters - Jun 11, 2025 - 9:59 AM

Gold holds gains after cooler-than-expected inflation data

Reuters - Jun 11, 2025 - 9:58 AM

Traders add to bets on September start to Fed rate cuts

Reuters - Jun 11, 2025 - 8:55 AM

Dollar steady as US-China talks conclude, UK spending review awaited

Reuters - Jun 11, 2025 - 8:26 AM

Stocks, dollar edge higher as investors track US-China trade talk progress

Reuters - Jun 10, 2025 - 6:13 PM

Copper output from Codelco climbs 21% in April

Reuters - Jun 10, 2025 - 3:28 PM

Moody's flags risks from retail investors' push into private credit

Reuters - Jun 10, 2025 - 3:26 PM

Bessent emerges as possible contender to succeed Fed's Powell, Bloomberg reports

Reuters - Jun 10, 2025 - 3:05 PM

US energy loan office should fund oil, gas, White House aide says

Reuters - Jun 10, 2025 - 3:04 PM

Fed to keep rates on hold at least until September as inflation risks linger

Reuters - Jun 10, 2025 - 12:07 PM

Societe Generale becomes first major bank to launch dollar-pegged stablecoin

Reuters - Jun 10, 2025 - 12:05 PM

Citi expects banking fees, trading revenue to climb despite US tariff "anxiety"

Reuters - Jun 10, 2025 - 12:04 PM

Morgan Stanley markets $5 billion for Elon Musk-owned xAI in loans, bonds, sources say

Reuters - Jun 10, 2025 - 12:01 PM

Iron ore price extends fall on growing supply

Reuters - Jun 10, 2025 - 11:27 AM

US dollar flat to slightly lower as traders await China talks outcome

Reuters - Jun 10, 2025 - 11:26 AM

Stocks, dollar muted as investors watch progress in US-China trade talks

Reuters - Jun 10, 2025 - 10:41 AM

World Bank slashes global growth forecast as trade tensions bite

Reuters - Jun 10, 2025 - 10:32 AM

Wall St set to open slightly higher as US-China trade talks grab focus

Reuters - Jun 10, 2025 - 9:11 AM

Dollar steady as traders await details from US-China talks

Reuters - Jun 10, 2025 - 8:56 AM

Fed to keep rates on hold at least until September as inflation risks linger

Reuters - Jun 10, 2025 - 8:54 AM

Gold inches up as markets await outcome of US-China trade talks, inflation data

Reuters - Jun 10, 2025 - 8:53 AM

London stocks gain after weak labour data raises rate-cut bets

Reuters - Jun 10, 2025 - 8:37 AM

S&P 500 ends slightly up; traders watch US-China trade talks

Reuters - Jun 09, 2025 - 5:41 PM

Looming US Treasury debt auctions an important sentiment test

Reuters - Jun 09, 2025 - 3:17 PM

Oil prices hit multi-week highs amid US-China trade talks

Reuters - Jun 09, 2025 - 3:13 PM

Stocks rise, dollar edges down as US-China talks in focus

Reuters - Jun 09, 2025 - 3:09 PM

Gold edges higher with spotlight on US-China trade talk

Reuters - Jun 09, 2025 - 2:14 PM

Allied Gold could look at options for power supply deal at Sadiola mine

Reuters - Jun 09, 2025 - 2:01 PM

Europe's equities ease as US-China trade talks grip markets

Reuters - Jun 09, 2025 - 12:55 PM

US inflation expectations ease in May, New York Fed survey shows

Reuters - Jun 09, 2025 - 12:54 PM

NY Fed finds moderating inflation expectations in May

Reuters - Jun 09, 2025 - 11:36 AM