Author: Global Macro News Desk

Following Israel’s attacks on Lebanon, Iran launched missile strikes against Israel today. The strikes were intercepted by air defense systems.

Nvidia CEO Jensen Huang is in South Korea to discuss various partnerships in the artificial intelligence (AI) sector.

Donald Trump said that the release of Iranian assets would depend on Iran’s behavior following the agreement.

According to a repot, the U.S. Nonfarm Payrolls released on Friday was overhyped, and it does not necessarily mean Fed will raise interest rates.

The leaders of Europe’s largest countries will gather in London today to meet with the Ukrainian president regarding the war with Russia.

As the 100th day of the Iran War comes to a close, the European Central Bank is likely to raise interest rates next week.

What else happened during the week when the financial markets saw a sharp decline following the release of the nonfarm payroll data?

Following the release of strong nonfarm payroll data and the declining likelihood of a Fed rate cut, the costs for investors holding gold are rising.

Russian President Vladimir Putin called on the government to return the economy to a path of stable growth starting in 2027. In a speech delivered at the plenary session of the 29th St. Petersburg International Economic Forum on June 5, Putin said that one of the key conditions for achieving this goal is to increase investment and launch a new investment cycle. Putin stated that real investments in Russia increased by approximately 38 percent during the 2021–2024 period, but that this growth slowed last year. Putin stressed that launching a new investment cycle is one of the government’s top priorities…

According to sources, the U.S. government is working on a plan under which the government would hold stakes in certain artificial intelligence companies.