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Watching shape of yield curve, want to avoid inversion
Trade-related uncertainty could dampen investment
Dovish stuff from Bostic but USD/JPY doesn't care as it climbs to another high.
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Fed's Bostic: Comfortable with slowing the pace of rate hikes
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Trump says Iran deal should be successful, reiterates Iran will never have nuclear weapon
- Iran outlines that nuclear talks will include enrichment, stockpile, and its nuclear needs
- German economic sentiment picks up in June as US-Iran conflict simmers down
- Oil prices extend losses and target pre-war levels amid expectations of Hormuz reopening
- Italy inflation confirmed to have nudged up in May
- Gold avoids a complete breakdown on surprising US-Iran breakthrough as focus turns to FOMC
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OpenAI's $34B spend signals IPO buzz, but Big Tech IPOs could be a ticking time bomb for retirement.
Financial Times
13m ago
Nikkei tops 70K pre-BOJ hike, but Iran deal optimism fades. USD/JPY firms.
Reuters
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Musk's net worth hits $1T, dwarfing rivals. He sees AI making wealth irrelevant.
Gizmodo
50m ago
US oil reserves hit 40-yr low! Traders eye price surge risk as SPR tumbles.
CNN
1h ago
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Finance Magnates
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CBS News
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New York Times
3h ago
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