U.S. commodity futures trading commission exercising authority to stay listing of cme's 24/7 trading on crude oil futures

USA existing home sales (mom) for june -2.4% vs 3.7% prior

USA existing home sales for june 4.09m vs 4.19m est.

Fed's williams says up to treasury to manage its account at the fed; doesn't have monetary policy concerns about how treasury manages fed account; transparency has served fed very well; open to debate about fed communications

Fed's williams says still uncertainty about longer term neutral rate; fed task forces a timely chance for officials to think about policies; ample reserves is state of money markets, not a specific number; standing repo operations should be seen as business as usual; central clearing of standing repos likely to bring benefits

Fed's williams says fed policy needs to remain data dependent; we'll have to see how monetary policy reacts to data; labor market has been very stable

Fed's williams says fed minutes captured a 'collective reaction function'; in longer run, ai investment will be a positive supply shock; base case sees broader use of ai that boosts productivity; we will get inflation back to 2%; key to look at underlying inflation factors, not just a specific measure; government technical changes could better reconcile pce inflation and cpi differences

Fed's williams says fed's goal with balance sheet is about interest rate control; fed balance sheet policy will react to regulatory changes; inflation is still 'far too high'; markets still expect oil prices to come down over next 6 to 12 months, view is reasonable; monetary policy focused on how energy prices impact inflation; ai investment is a driver of inflation; fed actively debating scenarios around inflation

Fed's williams says there is good understanding about ways to shift demand for reserves; reforms to liquidity regulations should bear in mind bank safety issues; balance sheet debate should not be about nominal size of holdings; unclear how much smaller fed balance sheet can get

Fed's williams says it's still early days on questions involving stablecoins; stablecoins are more about payments as opposed to stores of value; is less worried than some about risks created by stablecoins; doesn't see rising financial stability risks from stablecoins; doesn't know yet how stablecoins will impact demand for reserves; fed's ample reserves system is designed to be flexible, can respond to stablecoin impact

Oil surges again as us-iran war escalates: top economist justin wolfers explains the ‘hidden pattern’ driving gas prices

Qatar pauses push to ramp up lng after hormuz tanker attack' - bloomberg

USA initial jobless claims revises prior from 215k to 217k

USA initial jobless claims 215k vs 218k est.

USA continuing jobless claims 1,814k vs 1,820k est.

Iran's mehr news agency reported several explosions heard in iran's bushehr province

Stock market today: s&p 500, nasdaq 100 futures rise as us-iran exchange strikes—levi strauss, azz, ionis pharma in focus

The wall street journal reported china considering export restrictions on certain ai technologies, including deepseek

President trump posts on truth social "this is in retribution for yesterday’s bombing of ships by iran. if it happens again, it will get much worse!"

President trump on truth social say will be asking for a rehearing by united states supreme court, immediately in birthright citizenship case

U.S. central command posts on x "at the direction of the commander in chief, U.S. central command forces have started conducting additional strikes against iran to further degrade their ability to threaten freedom of navigation in the strait of hormuz. the united states is holding iran accountable for recent unjustified aggression against commercial shipping and civilian crews freely navigating a vital international waterway."

Mizan news agency reports of explosion sounds heard in iran's sirik and bandar abbas

Etf inflows hit record $1 trillion in h1 — but 800 funds missed the party

Fed minutes: in such scenarios almost all of those participants indicated some policy firming would likely be warranted; most participants pointed to scenarios in which inflation would remain elevated due to ai-related demand, middle east conflict or tariffs; fed staff forecast for inflation in 2026 and 2027 was higher than in april forecast, reflecting middle east war, effects of ai buildout; fed staff gdp growth outlook was a bit lower than april forecast

Fed minutes: a majority of participants saw advantages in shortening fomc policy statement; most participants preferred not to repeat previous statement language suggesting an easing bias; some participants welcomed review of communications tools and practices; fomc committee members concurred statement would convey commitment to dual mandate goals and emphasize the fomc will deliver price stability

Fed minutes: all participants at fed's june 16-17 meeting supported maintaining current target range for interest rates; participants generally saw upside risks to price stability as elevated, while downside risks to maximum employment goal had moderated a bit; a few participants saw a case for raising rates but indicated they supported maintaining the current range at this meeting

Semiconductors below support; fed minutes ahead; trump says iran ceasefire is over, but will he back off?

President trump says don't think war with iran will start again; anything that happens will be over very quickly; will make things safer for oil; we're not looking for long-term; says when iran hits, we hit

President trump says lockheed building 5 new plants; altogether, new defense plants to quadruple output

President trump says we'll give companies up to 2 years to build in U.S.

President trump says we're making 'great progress' toward nato members spending 5% of gdp on defense; we have to produce defensive equipment faster; last year defense spending by other nato members surged almost $150b in 2025, much of that on U.S.-made equipment; says he instructed U.S. defense companies including lockheed, raytheon to build new plants; says we believe within a year, we'll have 1- or 2-week wait for equipment

Pepsi q2 preview: beverage giant underperforming coca-cola stock in 2026, will earnings help close gap?

Iran's press tv citing informed source says iran will close strait of hormuz in event of any fresh attacks on iran

USA gasoline inventories 1.904m barrel draw vs 1.600m barrel draw est

Turkey in line to receive six f-35 jets if trump unblocks sale' - bloomberg

USA wholesale inventories (mom) for may 0.1% vs 0.3% est

USA wholesale trade sales (mom) for may 3.4% vs 2.2% prior

President trump speaking on iran and strait of hormuz, says we may put blockade back

President trump on iran, says "we may take over kharg island"

President trump on iran, says if have to will take out electricity, water plants but don't want

President trump on iran, says knocked out 28 boats last night

President trump on iran, says "will probably hit them again tonight"

Bitcoin drops to $62,000 after trump declares iran negotiations a 'waste of time'

Reuters reported chevron yasa polaris tanker bound for cpc loading facilities attacked by drone off russia's black sea coast; chevron said all crew safe, vessel stable and proceeding to safe port; no impact to tco operations or exports

Trump declares iran ceasefire 'over,' says talks are 'a waste of time

Stock market today: s&p 500, dow jones futures fall as trump says iran ceasefire is 'over'—saratoga, exxon mobil, levi strauss in focus

President trump said interim agreement with iran was over but would allow talks to continue -ap

U.S. central command posts on x "U.S. central command forces have begun launching a series of powerful strikes against iran to impose heavy costs for targeting and attacking commercial shipping crewed by innocent civilians in an international waterway. the U.S. strikes are in response to iranian attacks on three commercial vessels that were transiting the strait of hormuz. iran’s demonstrated aggression was unwarranted, dangerous, and a clear violation of the ceasefire."

Iran's press tv reports several explosions in southern iranian port city of sirik

Api crude oil stock 0.399m barrel draw vs 1.500m barrel draw est.