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• Prior month -$60.3B revised to -$56.6B
• Good trade balance (R) -$-83.01B vs -$82.4B (Prelim). Prior -$85.30B
• Exports $327.1 Billion,+2.6%°
• Imports $327.1 Billion,+2.0%°

Headline Numbers

• Exports: $327.1 billion
  • Up $8.3 billion from March
• Imports: $383.0 billion
  • Up $7.6 billion from March
• Trade Deficit: -$55.9 billion
  • Improved from March as exports rose slightly more than imports

Monthly Changes

• Goods Deficit: Decreased $2.4 billion to -$83.7 billion
• Services Surplus: Decreased $1.7 billion to +$27.8 billion
• The overall improvement in the trade balance was driven primarily by the narrowing of the goods deficit.

Year-to-Date (vs. Same Period in 2025)

• Trade Deficit: Decreased $213.5 billion
  • Down 49.1%
• Exports: Increased $128.2 billion
  • Up 11.3%
• Full Article

• US May NFIB small business optimism index 95.3 vs 96.0 expected
• USD/JPY holds above the 160.00 mark as traders look beyond the imminent BoJ rate hike
• Goldman Sachs no longer sees the Fed cutting interest rates this year
• Of cryptocurrencies and collectibles
• Indian Rupee maintains the bearish bias amid prolonged US-Iran stalemate, hawkish Fed risk
• What are the main events for today?
• German industrial production rebounds in April on higher energy, construction output
• FX option expiries for 9 June 10am New York cut
• BOJ reportedly set to raise short-term policy rate to 1% next week
• A quick US-Iran catchup ahead of European trading today
• US president Trump says he may have an "idea" on Iran deal within a few days
• Is the crypto market rebounding? Today's…
  Full Article

• Prior 95.9

The NFIB Small Business Optimism Index fell 0.6 points in May to 95.3, remaining below its 52-year average of 98.0. The Uncertainty Index rose 3 points from April to 91, remaining well above its historical average of 68.

As reported in NFIB’s monthly Jobs Report, the NFIB Small Business Employment Index remained essentially flat, registering 100.3 in May. The current reading is below the 2025 average of 101.2 but still slightly above the historical average of 100.0. In May, a seasonally adjusted 29% of small business owners reported job openings they could not fill in May, down 5 points from April and marking the lowest level since May 2020.

“AI investment spending has contributed to some excitement in the economy,” said NFIB…

The post Ex-Dividend 10/06/2026 first appeared on IC Your Trading Edge | Official Blog.

This week’s inflation data out of the US has taken on a greater importance than it may have had previously after Friday’s Non-Farm Payroll print came in much stronger than expected, causing markets to more firmly price in a rate hike from the Fed before the end of the year and the dollar to jump higher. If Friday’s data is then compounded by strong inflation data this week, then expect the dollar to pick up momentum and push through to fresh highs for the year.

Wednesday’s CPI data will be the most heavily watched data release of the week with the market expecting the headline CPI data to show a 0.5% month-on-month increase and a lofty 4.2% year-on-year increase with the Core numbers coming in slightly lower with a 0.3% month-on-month…

Global Markets:

•  Asian Stock Markets : Nikkei up 1.95%, Shanghai Composite up 0.51% Hang Seng down 0.29% ASX down 0.25%
• Commodities : Gold at $4,354.34 (-0.21%) Silver at $68.005 (-0.86%), Brent Oil at $93.50 (-0.81%), WTI Oil at $90.22 (-1.16%)
• Rates : US 10-year yield at 4.560, UK 10-year yield at 4.9480, Germany 10-year yield at 3.0561

• (JPY) Final GDP q/q  0.5%  to 0.3%  expected

U.S. stock futures edged lower Monday night as investors assessed a fragile ceasefire between Iran and Israel. S&P 500 futures fell 0.2%, Nasdaq 100 futures dropped 0.35%, and Dow futures declined 148 points, or 0.29%.

Iran halted military strikes against Israel on Monday but warned that attacks could…

  DXY (U.S. Dollar Index):

Potential Direction: Bullish

Overall momentum of the chart: Bearish

The price has already bounced off the pivot and may continue its bullish move toward the 1st resistance

Pivot: 99.51

Supporting reasons: Identified as a pullback support that aligns with the 61.8% Fibonacci retracement, where renewed buying pressure could emerge to push the price higher.

1st support: 99.00

Supporting reasons: Identified as a pullback support, indicating a potential area where the price could again stabilize.

1st resistance: 100.24
Supporting reasons: Identified as a swing high resistance, indicating a potential area that could halt any further upward movement

Potential Direction:…

IC Markets Global – Europe Fundamental Forecast | 09 June 2026

What happened in the Asia session?

Israel and Iran’s June 9 ceasefire pledge that eased Middle East war fears, Japan’s downward Q1 GDP revision to 1.8% reflecting cautious business capex amid the conflict, and a severe tech stock selloff that triggered pan-Asian market declines. The South Korean Kospi index was most devastated, plunging 8.3% as tech stocks led the rout, while Japan’s Nikkei 225, Hong Kong’s Hang Seng, and China’s CSI 300 all closed red between 1.2-3.9%. Oil prices traded off intraday highs after the ceasefire announcement but still gained 0.8%, keeping crude elevated at $91-94/barrel.

What does it mean for the Europe & US sessions?

Accelerating inflation data…

• Industrial production +0.4% vs +0.5% m/m expected
• Prior -0.7%; revised to -0.1%

The increase in industrial output for the month comes mostly from both the construction and energy-intensive industries. When taking into account manufacturing excluding energy and construction, German industrial production for April was unchanged compared to March. Just also note that there was a marked revision higher to the March numbers though.

Of note, the construction sector saw a 2.4% increase in monthly production in April. That largely came from the chemical industry (+2.1%) and in the manufacture of metal products (+1.6%). Meanwhile, production in energy-intensive industries increased by 1.0% compared to March.

Looking at the detailed breakdown, the…

Markets Rebound as Middle East Tensions Ease – Nasdaq up 0.86%

US stocks recovered some ground in Monday trading as investor sentiment improved following reports that Iran and Israel had halted attacks on each other, easing immediate concerns about a broader escalation in the Middle East. Technology stocks led the advance, helping the Nasdaq climb 0.86% to 25,929, while the S&P 500 gained 0.30% to finish at 7,405. The Dow Jones underperformed slightly, slipping 0.16% to close at 50,786.

Despite the improvement in risk sentiment, US Treasury yields continued to move higher, with the 2-year yield rising 1.5 basis points to 4.162% and the benchmark 10-year yield adding 3.2 basis points to 4.562%. The move higher in yields came as…

IC Markets Global – Asia Fundamental Forecast | 09 June 2026

What happened in the U.S. session?

Federal Reserve rate hike expectations are pushing September hike odds to roughly 50% and sending the dollar to its highest in nearly two months, while Treasury yields surged. Simultaneously, Israel’s strikes on military targets in western/central Iran (despite Trump’s warning to Netanyahu) triggered oil prices to jump nearly 5%, with Brent reaching $94.38/barrel, as investors feared potential crude flow disruptions through the Strait of Hormuz. The combination of rate-hike fears and geopolitical tension sparked a rout in technology stocks, particularly semiconductors, which plunged to two-week lows after Broadcom’s disappointing AI chip…

A quick summary of events from the past day:

• Iran announces end to military operations against Israel
• However, Israel maintains that this does not mean the end of attacks against Hezbollah
• Iran continues to report "major obstacles" in agreeing to a deal
• Iran officials maintain that US is not showing "sufficient commitment" to work things out
• Trump says that a deal is still in the offing
• US helicopter confirmed to have been shot down in Strait of Hormuz; pilots are fine
• US to issue report on the incident later today
• Trump says that "total victory" to come over "the next two weeks"
• Trump reaffirms that Iran's economy is struggling and naval blockade will pressure them into a deal

To put things short, the only notable development was that we saw a US…