Should see lower oil prices once the strait opens.Stocks are celebrating the gains in productivityConsumers will feel falling oil prices "right away"The price o...

Prior month -0.20 revised to -0.15Details from the Chicago Fed:Federal Reserve Bank of Chicago CFNAI rose to +0.14 in April from -0.15 in March, signaling an im...

Iran's frozen funds emerge as potential final sticking point in US-Iran dealUK CBI shows retailers sentiment fell at a slower pace compared to previous two quar...

According to Iran's Fars news agency, the unfreezing of billions of dollars in Iranian assets has emerged as the final obstacle to securing a Memorandum of Unde...

UK CBI Distributive Trades -46 vs -50 expectedPrior -68Full report hereThe agency noted: "retail selling prices grew in the year to May at the slowest rate in o...

There is no change to the assessment from April (which was also the same as in March), as the government notes that "the Japanese economy is recovering moderate...

Iran’s Islamic Revolutionary Guard Corps (IRGC) announced it had detected and shot down an MQ-9 drone. The IRGC said in a statement that it has the right to res...

The war continues to rage on but it looks like we're on the cusp of some form of agreement or memorandum of understanding (MOU) being signed off between both si...

EUROPEAN SESSIONIn the European session, we don't have much on the agenda other than a couple of low tier releases like the Spanish PPI and the UK CBI which are...

Gold and silver slip in Asia. Iran deal optimism offsets active US strikes ... butRubio says Hormuz will open one way or another as Iran talks grind on language...

Canadian PM Mark Carney says Ottawa is negotiating a free trade agreement with India, describing it as a game changer, with energy, agri-food, technology and ed...

All is not quiet in Iran, loud explosions reported via multiple media sources. Cause unknown.Markets are focused on the good news out of negotiations right now....