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RBA Rate Cut Expected as Banks Reverse Hike Forecasts, June 11
CBA and NAB forecast RBA rate cuts in 2027 after economic weakness prompts reversal of hike predictions. Cash rate expected at 3.35% through 2026.
Agrola Closes All Swiss Hydrogen Stations by Year-End, June 10
Agrola closes three Swiss hydrogen stations by end of 2026 due to low demand, reflecting EV dominance in Europe’s clean transport strategy.
WBTUSD WhiteBIT Coin Falls 0.85% Daily: $50.75 Support
WhiteBIT Coin USD drops 0.85% daily to $50.75. Market cap at $10.9B with technical signals showing neutral momentum and mixed trading activity.
Dow Falls 1.4% as Iran Tensions Push Oil Above $91, June 11
Dow Jones, S&P 500, and Nasdaq fell as Trump Iran threats boosted oil to $91 and inflation hit 4.2%. Chip stocks led losses.
JD.com-Backed Kai Bo Supermarket Hits 100 Stores, Launches 20% Discount June 11
Kai Bo Supermarket reaches 100 stores in Hong Kong under JD.com ownership with chain-wide 20% discount starting June 11 on all products.
Solana USD Drops 1.88% Daily: SOLUSD at $64.63 Support
Solana USD falls 1.88% to $64.63 with oversold RSI at 26.59. Technical analysis shows strong downtrend and recovery potential ahead.
S&P 500 Falls 0.26% as Chip Rally Fizzles, June 11
S&P 500 drops 0.26% to 7,386.65 as chip stocks fade amid AI valuation concerns. Nasdaq falls 0.97%.
Germany Inflation Slows to 2.6% in May as Growth Stalls
Germany’s inflation fell to 2.6% in May 2026 from 2.9% in April, while industrial production declined year-over-year as the euro area economy slows.
Bank of Japan Raises Rates to 1.0% on June 15, First Hike in 31 Years
Bank of Japan raises policy rate to 1.0% on June 15, the first hike in six months and highest level since 1995, aiming to control inflation.