Lufthansa Group May Traffic Up 0.9% - Quick Facts

Editors Pick

RBA Minutes: Inflation Forecast May Provide For Further Easing

Members of the Reserve Bank of Australia's monetary policy board felt that the central bank could still allow for additional monetary easing because inflation remains in check, minutes from the bank's June 4 meeting revealed on Tuesday. The easing might become necessary down the road, the bank said, since domestic growth has remained slightly below trend through the last four quarters. Global economic activity has been in line with forecasts, the minutes showed.

China May Leading Index Signals Weaker Economic Growth Ahead

A leading indicator of Chinese economic activity rose marginally in May and at a slower pace than a month earlier, suggesting more sluggish growth for the overall economy in the months ahead. The Conference Board said that its leading economic indicator rose 0.3 percent month-on-month in May, slower than a 1.5 percent increase in April. Only three of the six components contributed positively.

Stocks Close Mostly Higher Despite Afternoon Pullback - U.S. Commentary

While lingering worries about the outlook for the Federal Reserve's stimulus program generated some selling pressure in afternoon trading on Monday, stocks managed to end the day mostly higher after seeing an early rally on the heels of some upbeat economic data. The major averages finished the session well off their best levels of the day but still posted strong gains.