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JUST IN: Fed's Powell states the economy remains strong despite uncertainty. Tariffs could raise prices and impact the economy. US short-term interest rate futures dip as traders anticipate lower chances of early Fed rate cuts.
Читать полностью…JUST IN: Trump says Israel and Iran both violated the ceasefire
Читать полностью…JUST IN: Iran denies launching rockets after ceasefire
Tehran claims it did not fire any rockets at Israel following the ceasefire agreement, rejecting reports of renewed attacks.
JUST IN: Iran's security body to announce 'end of war' with Israel soon, while Israeli Defense Minister orders strong military response to Iran's ceasefire breach with strikes in Tehran.
Читать полностью…July rate cut odds rise to 22.7%
Markets are slowly pricing in higher chances of a Fed cut in July, with odds now at 22.7%.
Trump declares a "complete and total ceasefire" between Israel and Iran, naming it "The 12 Day War" now "considered ended."
Читать полностью…JUST IN: BRENT AND US CRUDE FUTURES DROP OVER $5 AMID VOLATILE TRADING.
Читать полностью…JUST IN: Qatar reports intercepting a missile barrage targeting Al Udeid Air Base. There were no incidents or casualties from the attack.
Читать полностью…JUST IN: Iran has initiated strikes on Qatar and Iraq.
Читать полностью…JUST IN: The Trump administration is reportedly getting ready for a potential Iranian attack on US bases in the Gulf, according to Axios.
Читать полностью…JUST IN: An Iranian political source suggests an imminent attack on US military sites is likely – Iranian media.
Читать полностью…Fed’s Bowman: Rate cut may be on the table
Fed Governor Michelle Bowman says it’s an appropriate time to consider adjusting interest rates.
A cut is possible if inflation keeps easing or the labor market weakens.
Key Earnings Calendar
— Monday, June 23
• KB Home (KBH) — after close
— Tuesday, June 24
• FedEx (FDX) — after close
• Carnival (CCL) — before open
— Wednesday, June 25
• Micron (MU) — after close
• Paychex (PAYX), General Mills (GIS), Winnebago (WGO), Jefferies (JEF)
— Thursday, June 26
• Nike (NKE), Walgreens (WBA), McCormick (MKC) — after close
— Friday, June 27
• Final read on May’s PCE inflation and other data (income, spending, sentiment)
JUST IN: White House Press Secretary Leavitt stated that Trump received intelligence indicating Iran was 'weeks' away from acquiring a nuclear weapon.
Читать полностью…Germany approves €500B debt plan through 2029
Chancellor Merz’s cabinet greenlit a 2025 budget with €82B in new debt this year, rising to €126B by 2029 — totaling €500B.
The boost targets NATO’s 3.5% GDP defense goal, amid pressure from Trump to reach 5%.
JUST IN: Israeli Defense Minister: Strikes ordered on central Tehran
The Defense Minister said he instructed the army to launch powerful strikes on targets in central Tehran in response to Iran’s ceasefire violation.
JUST IN: Israeli military reports identifying missiles fired from Iran towards Israel.
Читать полностью…Berkshire now pays 5% of all U.S. corporate tax
Warren Buffett’s Berkshire Hathaway paid a record $26.8B in corporate taxes — accounting for 5% of the entire U.S. corporate tax bill.
JUST IN: Trump opposes further military involvement in the Middle East, reports CNN.
Читать полностью…WhatsApp has been banned on U.S. House of Representatives devices.
Читать полностью…JUST IN: U.S. aircraft departs from Saudi Arabia air base
Читать полностью…JUST IN: UAE has closed its airspace, reports Fox News.
Читать полностью…JUST IN: Iran is reportedly about to launch missiles at US bases, as Axios reports. Iran has allegedly fired six missiles at US bases in Qatar, with explosions being heard in Doha.
Читать полностью…Keep watching the market:
Prediction markets now see a massive 92% chance of Iran meeting with the US before July.
This is up sharply from the 47% chance seen just two days ago.
The market continues to price-in a short-lived conflict.
JUST IN: Tesla stock, $TSLA, jumps over +10% following the market's response to the Robotaxi launch.
Читать полностью…JUST IN: President Trump urges for lower oil prices and warns against aiding adversaries. He instructs the US Department of Energy to "Drill, baby, drill" in an effort to combat inflation.
Читать полностью…JUST IN: US officials warn of imminent high risk of Iranian retaliation against US forces, while efforts for diplomatic resolution continue.
Читать полностью…JUST IN: Oil prices saw a minimal increase after U.S. strikes in Iran, indicating markets doubt a Hormuz Strait blockade. Despite tensions, experts consider it unlikely as Iran relies on oil exports to China. Analysts find the muted price reaction surprising, while alternative routes in Saudi Arabia and UAE offer limited relief. High inventories and OPEC+ production suggest potential price spikes would be temporary.
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