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June 10, 2026

A report released by the Labor Department on Wednesday showed that consumer prices in the U.S. had increased in May. The Labor Department said its consumer price index rose by 0.5% in May after climbing by 0.6% in April. The annual rate of consumer price growth accelerated from 3.8% in April to 4.2% in May.
The monthly increase in consumer prices partly reflected a continued surge in energy prices, which rose by 3.9% in May after spiking by 3.8% in April. Excluding prices for food and energy, the core consumer price index crept up by 0.2% in May after rising by 0.4% in April. The annual rate of core consumer price growth inched up from 2.8% in April to 2.9% in May.
The Labor Department said the monthly uptick in core consumer prices reflected higher prices for shelter, communication, airline fares, medical care, personal care, and recreation. Conversely, prices for motor vehicle insurance, household furnishings and operations, and new vehicles decreased. 06/10/2026 - 10:00:00 (RTTNews)
Euro traded at 1.1556 against USD at 9:00 AM PST
Italy's industrial production increased for the third month straight in April. Industrial output registered a monthly increase of 0.5% in April, slightly slower than the 0.6% rise in March. However, this was the third consecutive rise in production.
There was a monthly growth of 1.0% in capital goods output and a 0.8% increase in intermediate goods production. Meanwhile, output of consumer goods and energy dropped 0.1% and 0.2%.
Yearly, growth in calendar-adjusted industrial output slowed slightly from 1.4% to 1.3% in March. Production has been rising since February. Unadjusted industrial output growth advanced from 4.0% in the prior month to 5.0% in April. 06/10/2026 - 05:22:00 (RTTNews)
In a widely expected move, the Bank of Canada (BoC)announced on Wednesday that it has once again decided to leave interest rates unchanged. The Canadian central bank said it decided to hold its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.
In its accompanying statement, the BoC said the ongoing Middle East conflict and the resulting increases in energy prices and disruptions in global supply chains are weighing on global economic growth and pushing up inflation. The BoC also noted that U.S. President Donald Trump's administration continues to propose new tariffs and that trade policy uncertainty remains elevated. 06/10/2026 - 10:10:00 (RTTNews)
China's consumer prices logged a steady growth in May, and producer price inflation accelerated to its highest level in nearly four years on higher energy costs. Consumer prices increased 1.2% year-on-year in May, the same rate as seen in April.
Core inflation that excludes food and energy slowed from 1.2% in the previous month to 1.1%. Food prices dropped 1.7% in May as pork prices plunged 16.1% from last year. However, higher energy prices offset the decline in food prices. Monthly, consumer prices dropped 0.1% in May.
The deepening integration of AI, artificial intelligence, across various fields and surging computing demand pushed prices up across non-ferrous metals, electrical machinery, and computer hardware. Non-ferrous metal prices grew sharply by 36.5%, and gasoline prices for consumers climbed 23.5%.
Producer prices advanced 3.9% yearly in May after climbing to 2.8% in April. The rate came and marked the fastest since mid-2022. 06/10/2026 - 03:21:00 (RTTNews)
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