Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts 
Silver Prices Hit Record High as Geopolitical Tensions Fuel Safe-Haven Demand 
Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks 
New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves 
Yen Slides as BOJ Caution Undercuts Rate Hike Impact 
Asian Stocks Rise as Wall Street Tech Rally Lifts Markets, Yen Slumps Despite BOJ Rate Hike 
U.S. Stock Futures Rise Ahead of Holiday-Shortened Week as AI Optimism Lifts Tech 
Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns 
China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious 
Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten 
The U.S. Treasuries remained flat Tuesday ahead of the Federal Open Market Committee’s (FOMC) monetary policy meeting, scheduled to be held on June 14. Also, expectations for a rise in the country’s CPI for the month of May, further added sluggishness to the debt market.
The yield on the benchmark 10-year Treasury, hovered around 2.22 percent, the super-long 30-year bond yields rose nearly 1 basis point to 2.87 percent and the yield on short-term 2-year note traded flat at 1.35 percent by 11:10GMT.
The majority of European bourses started Tuesday’s session on an improved tone recouping part of the previous session’s losses as the recent global sell-off in tech shares shows signs of easing. Fixed income safe havens were little changed ahead of the conclusion of this week’s two-day FOMC policy meeting on Wednesday.
Meanwhile, the S&P 500 Futures traded 0.15 percent higher at 2,430.00 by 11:30GMT, while at 11:00GMT, the FxWirePro's Hourly Dollar Strength Index remained neutral at 25.29 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
