Trump says he wants Strait of Hormuz open, free and with no tolls
We’re negotiating on Iran, we’ll get it one way or the otherWe have total control of the Strait of Hormuz ...
Fed’s Goolsbee: We have a pretty significant inflation problem
We have a pretty significant inflation problemThe job market is stableI’m most attuned to the inflation side of ...
US Secretary of State Rubio says that Hormuz toll system would make peace deal unfeasible
We’re very upset with NATO allies over Iran responsePakistanis will travel to Iran todayThis shouldn’t co ...
Kansas Fed manufacturing index +8 vs +10 prior
Prior was +10Manufacturing activity continued to increase in the tenth district, while expectations for future activi ...
Mixed signals: Technology and retail sectors take a hit, healthcare steadies
📊 Sector OverviewThe US stock market presented a tableau of mixed outcomes today, with significant volatility ...
OPEC+ likely to agree on oil output quota hike of 188,000 bpd at the June 7th meeting
While the nominal increase does little to alter the actual physical balance of global supply, energy analysts view th ...
Iran and Oman are discussing a permanent Strait of Hormuz toll
Iran and Oman are actively discussing a permanent security mechanism for the Strait of Hormuz. Iran is pushing to ins ...
Why is Intuit stock crashing (also after its earnings last night)?
Why is Intuit stock crashing by over 20% after its earnings last night? At least part of the reason, in my opinion, i ...
Eurozone May flash consumer confidence -19.0 vs -20.8 expected
Prior was -20.6Consumer confidence remains well below its long-term average and below the level observed before the o ...
Iranian Official denies reports that Iran’s Supreme Leader forbid uranium removal
Al Jazeera report, Ali Hashem, posted this on X which triggered downside in oil, USD and upside in stocks:”A se ...
US May flash services PMI 50.9 vs 51.1 expected
Prior 51.0Manufacturing PMI 55.3 vs 53.8 expectedPrior 54.5Composite PMI 51.7 vs 51.8 expectedPrior 51.7Key Findings: ...
The major US stock indices open lower as Iran’s Supreme Leader forbids uranium removal
The news of Iran’s Supreme Leader forbidding uranium removal earlier in the day weighed on risk sentiment sendi ...