Treasury Secretary Bessent: Oil prices will be lower than pre-conflict levels
Did have a call with ImansOil prices will be lower than pre-conflictA 2000 ships are waiting to come out of the gulf, ...
More from Musalem: Bond market is signaling a resilient economy/higher expected inflation.
Bond markets are signaling a resilient economy and higher expected inflation.
Most of the recent move higher in ...
US Treasury sells $77B of 7 year notes at a high yield of 4.290%
High Yield 4.290%WI level at the time of the auction 4.291%Tail -0.1 basis pointsBid to cover 2.52X which is near the ...
US/Iran MOU on ceasefire has reached an agreement but Trump still needs to approve it
There are increasing reports suggesting progress toward a cease-fire agreement between the U.S. and Iran. According t ...
Crude oil inventories fall -3.327 million versus -4.143 million estimate
The weekly EIA inventory data shows: crude oil inventories -3.327 million versus -4.143 million estimatedistillates - ...
Axios: US and Iran have reached a tentative 60-day Memorandum of Understanding
Axios reports the U.S. and Iran have reached a tentative 60-day memorandum of understanding (MOU) to extend the cease ...
US new home sales for April 0.622 million versus 0.665 million estimate
Prior month 0.682 million revised to 0.663MNew home sales 0.622M vs 0.665M estimate.New Homes sales down -6.2% vs +3. ...
Treasury Secretary Bessent: Have sanctioned Iran’s Persian Gulf strait authority
Treasury Secretary Bessentt is announcing some economic sanctions against Iran in what he terms the economic fury cam ...
Feds Williams: Higher productivity rates can raise real interest rates
New York Fed president Williams is speaking: higher productivity rates can raise real interest rates.Shifts in produc ...
US April durable goods orders +7.9% vs +3.5% expected
Prior was +0.8% Durable goods orders ex-transport xx% vs +0.5% expectedPrior ex-transport +0.9% Durable goods ex-defe ...
US Core PCE for April YoY 3.3% vs 3.3% estimate. MoM 0.2% vs 0.3% estimate
Prior month YoY Core PCE 3.2%, headline 3.5%Core PCE YoY x.x% vs 3.3 est. Core PCE MoM x.x% vs 0.3% estHeadline PCE Y ...
US initial jobless claims 215K vs 211K expected
Prior was 209KContinuing claims 1786K vs 1780K expectedPrior was 1782K The data has been pointing to a resilient and ...