BoC's Rogers says two quarters of annualised GDP contraction does meet one definition of a recession, but one should not put too much weigh on any one indicator. Flash data on GDP for April suggests there has been a bit of a rebound
Phone call between Israeli PM Netanyahu and US President Trump is currently taking place
Atlanta Fed GDPNow (Q2 26): 3.0% (prev. 3.8% on 28th May)
BoC's Rogers says two quarters of annualised GDP contraction does meet one definition of a recession, but one should not put too much weigh on any one indicator. Flash data on GDP for April suggests there has been a bit of a rebound
US President Trump tells NBC News that he's not heard from Iran on reports they're suspending talks, and on Iran, "I think we've been talking too much if you want to know the truth, going silent would be very good"
Hezbollah would not stop targeting northern Israel, after Israeli threats on Monday to bomb Beirut's southern suburbs if the militants kept up attacks, AFP reports citing a source close to Hezbollah
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