Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Retail sales in the US increased by 17.7 percent in May to shatter the lofty 8 percent estimate of economists surveyed by Dow Jones as consumers freed from lockdowns began shopping again.
Clothing and accessories stores posted the biggest gain at 188 percent while hobbies, sporting goods, books, and musical instruments surged 88.2 percent.
Motor vehicles and parts climbed by 44.1 percent as food services and drinking places rebounded by 29.1 percent.
Many states started allowing outdoor dining in May after the food establishments were limited to pickups and delivery.
While the monthly gains set records, total sales were down 6.1 percent from last year ago.
The robust numbers revealed an hour before stock trading provided an upbeat Wall Street mood with Dow going up by more than 500 points by late morning.
