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US new home sales for April 0.622 million versus 0.665 million estimate

US initial jobless claims 215K vs 211K expected

US Core PCE for April YoY 3.3% vs 3.3% estimate. MoM 0.2% vs 0.3% estimate

Feds Williams: Higher productivity rates can raise real interest rates

US April durable goods orders +7.9% vs +3.5% expected

Treasury Secretary Bessent: Have sanctioned Iran’s Persian Gulf strait authority

investingLive European markets wrap: Oil up, stocks down on continued US-Iran tensions

Iran says continues US strikes are violations of the ceasefire

Euro area economic sentiment picks back up a little in May but headwinds linger

What are the main events for today?

Iran maintains position that all frozen assets must be released without conditions

A more cautious mood in markets with there being no word yet on any US-Iran agreement