NBP's Kotecki says the MPC is less inclined to hike rates than a month ago, it is too early to signal a rate cut and rates are likely to remain on hold for the rest of 2026 and perhaps until March 2027

US Manufacturing Production MoM (May) M/M 0.0% (Prev. 0.6%)

US Manufacturing Production YoY (May) Y/Y 1.4% (Prev. 1.3%)

NBP's Kotecki says the MPC is less inclined to hike rates than a month ago, it is too early to signal a rate cut and rates are likely to remain on hold for the rest of 2026 and perhaps until March 2027

US President Trump posts "Ships are starting to move, many loaded up with Oil, out of the Strait of Hormuz. They are going along the Southern “Highway,” which is totally safe, secure, and pristine. There are other areas of travel, also!!! President DJT"

Broadcom (AVGO) reportedly backs a USD 35bln AI chip order to boost demand, with plans to finance over 20 gigawatts of compute capacity, potentially impacting credit through chip lease financial backstop, reports The Information