Analyst Core PCE Forecasts: Oxford Economics says "Our preliminary nowcast for May PCE, which we'll update after PPI, points to a similar headline reading but a higher core PCE reading due to a jump in portfolio management fees."
US President Trump congratulates Citi (C) CEO Fraser for being ranked Number 1 in M&A advisory in Q1; "BIG comeback for CITI!!!"
Iranian Foreign Ministry Spokesperson says the US is damaging the diplomatic process by sending contradictory messages, repeatedly changing its positions and demands, and worst of all, repeatedly violating the ceasefire
Analyst Core PCE Forecasts: Oxford Economics says "Our preliminary nowcast for May PCE, which we'll update after PPI, points to a similar headline reading but a higher core PCE reading due to a jump in portfolio management fees."
Qatari delegation has arrived in Tehran for mediation, IRIB reports
Apollo (APO) says it is massively underweight software and is directing capital toward critical infrastructure and less exposed businessses, reflecting a more defensive credit stance
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- Pantheon Macroeconomics provisionally estimate core PCE deflator rose by 0.32% in May, lifting the inflation rate to 3.4%, from 3.3% in April.
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