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Markets surge as Trump announces deal with Iran
U.S. Treasury to auction off $22 billion of 30 year bonds at the top of the hour
US 30 year fixed-rate mortgage averages 6.52% up from 6.48% last week
World Bank cuts 2026 global GDP growth to 2.5% from 2.6%
US May PPI +6.5% y/y vs +6.4% expected
US Initial jobless claims 229K vs 219K estimate. Continuing Claims 1.795M vs 1.780M est.
Canada building permits for April -7.6% versus -3.5% estimate
Trump says Iran will be hit hard and “at some point” the US will take Kharg Island
investingLive European markets wrap: A breather while US-Iran tensions linger; ECB up next
Iran maintains that Strait of Hormuz is closed until further notice
US-Iran talks are still on track according to a CNN diplomatic source
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