NO MORE HIGH IMPACT EVENTS FOR USD TODAY

Space force fosters development for next-generation test, training technology

Wonder boy blowup sparks massive semiconductor rally, korea up 18%

Can etfs shield investors from apple's supply chain woes?

U.S. baker hughes oil rig count +1 to 451; U.S. baker hughes natgas rig count unchanged at 127; U.S. baker hughes total rig count 588 vs 587 prior

Fed's barkin says 'it does not feel like a tight labor market'; 'do you have to add some restraint? i think that's the question'; don't know if i would have voted for higher rates this week; 'close call' whether rates are high enough to bring inflation down" - wsj

Trump administration's unofficial adviser on venezuela, mauricio claver-carone, leaves his role' - reuters exclusive

U.S. treasury secretary scott bessent, on fox news, says we are searching for iranian assets all around the world

Fed's logan says risks to inflation are to the upside, 'solid' job market is strengthening a bit; monetary policy is not restraining economy, inflation not on course to 2% goal; without any policy restraint, inflation will likely continue to trend above target until there's an unanticipated shock; would have preferred quarter-point rate increase to better balance outlook and risks; modest fed action in the near term would reduce likelihood of needing sharper action later

Michigan consumer expectations for july  55.4 vs 54.0 est.

Michigan consumer sentiment for july 55.2 vs 54.4 est.

Chicago pmi for july 57.6 vs 56.0 est

U.S. treasury has informed banks that it may intervene in yen market on friday

USA employment cost index (qoq) (q2) 0.9% vs 0.8% est.

Fed's hammack: 'i preferred to move at our recent meeting because i did not see the current policy stance as appropriately restrictive'

Fed's kashkari says i dissented against fomc’s policy action this week because i preferred to raise target range for the federal funds rate by 0.25%; series of supply shocks have been responsible in part for inflation; more recently data center investments have added new demand element to inflation; increasingly believe monetary policy has role to play in addressing successive supply shocks that might lead to entrenched inflation; monetary policy can look through individual supply shocks

New york governor hochul, attorney general james announce state has sued kalshi for running illegal gambling operation

Stock market today: s&p 500, dow jones futures rise after cooler june pce inflation data—apple, amazon, coinbase in focus

White house correspondent for foxbusiness edward lawrence posts on x "the japanese may have intervened in their currency markets earlier today. treasury secretary scott bessent told me about this that the U.S. believes excess volatility in the yen isn't healthy. .."

Apple ceo tim cook said q3 mac sales particularly strong in greater china

White house says president trump signed a presidential determination delegating authority under the defense production act to institute export restrictions on recoverable critical minerals and materials

Samsung profits surge 1300%; 30-year bond yield highest since 2007; momo's favorite semi etf loses 70%

Major indices are trading higher a day after the federal reserve left interest rates unchanged. strong quarterly results from microsoft have fueled a rebound in semiconductor stocks following their recent pullback, helping lift the broader market.

Iran's presstv posts on x "iran's army announces that it has struck power generators, navigation systems, and administrative and support buildings of the terrorist us military at the sheikh isa base in bahrain with arash drones as part of the 26th wave of operation sa'eqeh."

U.S. military says no U.S. aircraft were destroyed or damaged in recent attempted iranian attacks; all missiles and drones were intercepted or failed to reach targeted areas; commercial nora m/t nora has broken through the U.S. blockade

Yemen's houthis are attacking saudi arabia from iraq, sources say' - reuters exclusive

USA natural gas storage 28b vs 37b est.

Live on bloomberg tv, kevin hassett is the director of the white house national economic council, asked if warsh is hawk or dove, says 'he's a realist

Trump's tariffs were supposed to shrink the us goods trade deficit— it grew 4% instead

Stock market today: s&p 500, nasdaq 100 futures gain as fed's preferred gauge core pce inflation eases to 0.1% monthly—meta, microsoft, apple in focus (updated)

USA personal spending (mom) for june 0.3% vs 0.4% est.

USA pce price index (mom) for june revises prior from 0.4% to 0.5%

USA pce price index (yoy) for june 3.7% vs 3.7% est.

USA gdp price index (qoq) for q2 6.3% vs 4.1% est.

USA pce price index (mom) for june -0.1% vs -0.1% est.

USA core pce price index (yoy) for june 3.3% vs 3.3% est.

USA continuing jobless claims 1,782k vs 1,800k est.

USA gdp (qoq) for q2 1.5% vs 2.1% est.

USA core pce price index (mom) for june 0.1% vs 0.2% est.

USA core pce prices for q2 3.40% vs 3.50% est.

USA initial jobless claims 197k vs 201k est.

Eu sets fall timeline to start advisory group on trade conflicts' - bloomberg

The wall street journal reported bidding war among exxon, chevron, others for venezuela's best oil fields has hit an impasse

China commerce ministry demands us reverse robot ban, threatens retaliation to safeguard its legitimate rights and interests

Stock market: will s&p 500 open up or down today?

Warsh triggers market roller-coaster as hawkish inflation vow hits stocks

Amazon q2 preview: ecommerce growth may be overshadowed by aws momentum again

Fed chair warsh says we are not going to be constrained by market prices; markets can be a very good source of information, not a determinitive source; just trying to make sure that source of information is as direct and unfiltered as possible; between now and year end, i am committing to press conferences this year

Fed chair warsh says wanted a divergence of views inside each committee; this is seeing whether new ideas can catalyze a better discussion in the room; i have known almost all of them for a very long time; we are accountable to our oversight committees and the remit from congress; hear from households and businesses - 'deliver it already'; we are focused like a laser on delivering; if you look broadly at market prices they are not saying all clear, they have tightened financial conditions

Fed chair powell says the inflation remit itself is quite narrow, determined by pce; we have spent an inordinate amount of time looking at our monetary policy, our tools, the data at our disposal; the decision we made today was farthest thing from inertia that i can imagine; if i look at treasury curve, the dollar, what they are broadly saying is fomc does own it, has the credulity to deliver; i selected 15 subject matter experts to tackle 5 questions; we are the decision makers

Fed chair warsh says in terms of reaction function, any central banker when he sees stable employment and underlying inflation moving higher is more inclined to tighten policy; offering forward guidance in crisis mode is prudent, not in benign moments; who knows what in january we will say about strategy; forward guidance requires transition; to achieve 2% inflation i am looking at broader set of inflation data than just pce; it is not a perfefct science, but we have data project to separate noise from sign