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Australian May consumer confidence +3.5% m/m to 83.0. Yippee. Prior 80.1

Japan Q1 GDP 2.1% y/y (beats expected of 1.7%)

New Zealand inflation pressures build as producer prices rise and retail sales dip

ICYMI – Goldman cuts US recession odds to 25% as Hormuz closure impact stays contained

investingLive Americas FX news wrap 18 May: Trump pauses Iran attack, markets whip

Trump announces expansion of cheaper drug scheme

Trump: Stops the planned attack on Iran on request from Saudi’s and UAE

Japan’s Finance Minister Katayama seeing speculative moves in the financial markets

Jury rules against Elon Musk against Sam Altman and OpenAI.

Official: Report that US has agreed to lift oil sanctions while talks unfold, are false:

US Senior Official: US rejects Irans most recent proposal

NAHB housing market Index for May 37 versus 34 estimate