Key Takeaways Headline CPI accelerates: Annual consumer prices rose 4.2% in May — up from 3.8% in April and the hottest reading since April 2023. In line with expectations: The print matched forecasts, offering no major surprise to markets. Monthly CPI cools slightly: Month-on-month inflation eased to 0.5% from 0.6% …

Key Takeaways CPI at 3-year high: Annual U.S. consumer inflation rose to 4.2% in May — the highest reading since 2023. In line with expectations: The print matched market forecasts of 4.2%. Energy shock the driver: Iran war-driven fuel costs continue to be the primary force pushing prices higher. Fed …

Key Takeaways Oil rebounds sharply: Brent rose 1.7% to $93.03 per barrel, while WTI climbed 2.0% to $89.96 — recovering from Tuesday’s 3% slide to seven-week lows. Trump loses patience: The president warned Iran has “taken too long” to negotiate and “will have to pay the price.” Escalatory rhetoric: Trump …

Key Takeaways 4.2% annual CPI expected: If confirmed, it would mark the highest inflation reading since April 2023. Core CPI seen at 2.9%: Up from 2.8% in April, suggesting price pressures are broadening beyond energy. Iran war the primary driver: Fuel disruptions from the conflict are spreading costs to other …

Key Takeaways ECB 25bp hike expected Thursday: Policymakers responding to Iran war energy-driven inflation; markets now pricing roughly three hikes total this year. Not a repeat of 2011: Barclays says the comparison is overstated — EU sovereign balance sheets, fiscal positions, and corporate health are all stronger today. Two hikes …

Key Takeaways Futures fall: S&P 500 futures dropped 0.2% to 7,373.75, Nasdaq 100 futures fell 0.2% to 29,058.50, and Dow futures slipped 0.3% to 50,759.0. Peace deal hopes fade: The U.S. launched fresh strikes on Iran after Tehran downed a U.S. Apache helicopter Monday night. Second wave of attacks: Media …

Key Takeaways Bitcoin falls 3%: The world’s largest crypto dropped to $61,375.5, wiping out most of the week’s brief rebound. Strategy’s $101M buyback bounce reversed: The recovery sparked by top corporate holder Strategy’s purchase has been erased. Iran retaliates: Tehran launched missile and drone attacks on U.S. military bases and …

Key Takeaways Oil bounces back: Brent rose 1.8% to $93.08 per barrel, while WTI climbed 1.8% to $89.78 — recovering from the prior session’s 3% slump to seven-week lows. Helicopter shoot-down triggers strikes: The U.S. launched strikes on Iranian targets near Hormuz after Iran downed a U.S. Apache helicopter. “Proportional” …

Key Takeaways Fourth consecutive loss: Spot gold fell 1.9% to $4,180.85 per ounce — its lowest since March 23; gold futures also dropped 1.9% to $4,204.75. Iran shoots down U.S. helicopter: Washington launched fresh strikes on Iranian targets after the downing near the Strait of Hormuz reignited supply disruption fears. …

Key Takeaways Broad regional decline: Japan’s Nikkei fell 1.1%, TOPIX shed 0.7%, Chinese indexes lost 0.6-1%, and South Korea’s KOSPI was the worst performer on renewed chip losses. Fresh U.S.-Iran strikes: The two sides exchanged another round of attacks after Iran shot down a U.S. helicopter in the Strait of …