Finprime Pro Financial News

Iran's Assembly of Experts selects Mojtaba Khamenei as the country's third supreme leader following his father's assassination, consolidating hardline power and dimming prospects for negotiations as oil surges past $100 per barrel.

German government bonds are sliding as surging energy prices and sticky inflation override traditional safe-haven demand, pushing 10-year Bund yields to multi-week highs.

The DOJ antitrust waiting period for Paramount's $108.4 billion all-cash hostile bid for Warner Bros. Discovery has expired, removing a key U.S. regulatory obstacle as a potential bidding war with Netflix intensifies.

Consumer prices rose 3.1% year-over-year in May, slightly below the 3.2% consensus, bolstering hopes for a rate cut later this year.

Chinese industrial production grew 6.2% year-over-year in May, beating forecasts and easing concerns about the pace of economic recovery.

The 2s10s spread turned positive for the first time in nearly three years, raising questions about the economic cycle and recession probability models.

India's Central Statistical Office revised GDP growth higher, cementing its position as the fastest-growing major economy.

Gold prices reached a new all-time high driven by continued central bank buying and safe-haven demand amid geopolitical uncertainty.

The Euro Stoxx Banks index gained 2.8% after ECB data showed a pickup in corporate lending, suggesting the credit cycle may be turning.