[MARKET UPDATE]: Dollar continues to rally after hawkish Fed statement and hawkish Fed Chair Warsh press conference with both putting a lot of emphasis on returning inflation to target

Senator Bernie Sanders proposes legislation imposing a 50% stock tax on large AI companies, reports AP

UK's Burnham’s campaign has been forced to talk ministers out of resigning as early as this weekend to avoid Keir Starmer’s government descending into chaos amid fallout from the Makerfield byelection, reports The Guardian

[MARKET UPDATE]: Dollar continues to rally after hawkish Fed statement and hawkish Fed Chair Warsh press conference with both putting a lot of emphasis on returning inflation to target

US House Committee to hold June 24th hearing on airline competition after Spirit Airlines collapse

Iraq’s Southern Crude output rises by ~500,000 bpd to 1.5mln bpd as more tankers reach export terminals, according to reports, citing a document and three oil officials