11:11 | Trump threatens more strikes, US market crash, Gold sinks to 6-month low, FIFA 2026 kick-off, and more

???? Your Data Calendar For The Day Ahead ????

-South Africa will publish its Current Account numbers for Q1

-The UK central bank will hold the Treasury Gilt 2029 Auction

-The Central Bank of Turkey will announce its policy decision today

-The US will publish the Core Producer Price Index (PPI) numbers

-The US will also publish the Initial Jobless Claims

 



 

• US Market Crash: Dow falls 950 points, futures extend sell-off - Key reasons explained

Benchmark indices on Wall Street sold off sharply on Wednesday, June 10, owing to multiple factors that put pressure on the equity markets. Futures this morning, Indian time are also extending those losses further.

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• Gold sinks to over six-month low; silver slips amid West Asia tensions

Gold prices fell to their lowest level in more than six months on Thursday (June 11), while silver also declined, as escalating tensions in West Asia drove oil prices higher and strengthened expectations that interest rates could remain elevated for longer.

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• Oracle Corp shares tank 10% afterhours despite earnings beat; Here's why

Oracle Corp.'s

results were ahead of estimates on both the revenue and the EPS front. The company's revenue of $19.18 billion was higher than the $19.1 billion estimate, while its Earnings Per Share (EPS) of $2.03 was higher than the $1.96 estimate on an adjusted basis.

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• 'I love inflation': Donald Trump responds to worst rise in US CPI in 3 years

The US consumer inflation increased at its fastest pace in three years in May. Data from the Labour Department on Wednesday showed the Consumer Price Index or CPI rose 4.2% last month from a year earlier.

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• US launches fresh strikes against Iran, further straining fragile ceasefire

President Donald Trump declared Wednesday, June 10, that the United States will launch additional “very hard” strikes against Iran later in the day, following US attacks on Iranian targets a day earlier.

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• FIFA World Cup ticket concerns grow as 180,000 seats hit resale market: Report

The report stated that FIFA also has approximately 15,000 unsold tickets for group-stage matches available on its primary ticketing website. Most of the tickets listed on the resale portal are for group-stage fixtures, with median resale prices reportedly falling by 20% and some tickets being offered for as little as $69.

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• Nifty 50 target cut by Citi to 26,000 - Key risk factors, top picks explained

Citi in its note wrote that the combined impact of geopolitics, AI & El-Nino risk has resulted in a subdued sentiment, particularly among FIIs. The brokerage further noted that the India allocation in GEMS funds is at a five-year low and the "Underweight" positioning for the Indian markets is close to the highest level in 20 years.

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• US senator Elizabeth Warren asks regulator to delay SpaceX IPO, flags concerns over high valuation

In a letter shared with CNBC, Sen. Elizabeth Warren, D-Mass., urged the Securities and Exchange Commission to postpone SpaceX's impending IPO, citing issues with the rocket manufacturer's valuation and corporate governance.

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• Messi scores on a penalty as Argentina beats Iceland 3-0 in its final World Cup tune-up

Lionel Messi is ready for his sixth World Cup. After recovering from a muscle injury, the captain of the reigning world champions played 20 minutes and scored a penalty in Argentina’s 3-0 victory over Iceland on Tuesday in its final tune-up match before the World Cup.

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• AI Watch: SpaceX IPO draws $250 billion in orders as AI stock rout deepens on inflation fears

Rising inflation and geopolitical tensions caused another wave of selling in technology shares, which put pressure on US chipmakers. Oracle revealed plans for a significant fundraising campaign to increase data center capacity and reported high quarterly earnings but disappointing cloud sales.

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• Editors' Playbook | Does India Have The Firepower To Emerge As Asia's Next Data Centre Tiger?

India is rapidly emerging as a global hotspot for data-centre investments. Google commits up to $15 billion towards its Andhra Pradesh AI ecosystem. Meta partners with Reliance for capacity at the Jamnagar data-centre complex. China, meanwhile, is topping up its AI ambitions with a reported $295 billion investment push. Our team of editors decodes whether India has the firepower to emerge as Asia's Next Data Centre Powerhouse.

WATCH EDITOR'S PLAYBOOK ON CNBCTV18 ACCESS