Italian Inflation Rate YoY Prel (May) Y/Y 3.2% (Prev. 2.7%)
Iranian President Pezeshkian has ordered the development of alternative trade corridors
[MARKET ANALYSIS] DXY rebounds, Kiwi leads and EUR weaker on cooler than expected German, French and Spanish inflation
Italian Inflation Rate YoY Prel (May) Y/Y 3.2% (Prev. 2.7%)
"Iranian and American officials have not yet taken a position on a possible agreement...some Pakistani sources claimed that Iran and America have chosen Islamabad to sign the memorandum of understanding," Mehr News reports
IFF (IFF) is reportedly nearing a deal to sell its food ingredients business to CVC Capital, WSJ reports citing sources; sale exp. to value the division in excess of USD 4bln
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