The Trump administration granted a license to the world's largest cash buyer of ships for scrap to purchase four vessels under sanctions for carrying Iranian cargo, via WSJ

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US Secretary of State Rubio says a tolling system in the Strait of Hormuz would render a diplomatic deal unfeasible; very upset with NATO allies over Iran response

Banxico Minutes: Most members stated that the global economic environment has continued to be characterized by a high degree of uncertainty, mainly associated with the persistence and potential escalation of geopolitical conflicts

The Trump administration granted a license to the world's largest cash buyer of ships for scrap to purchase four vessels under sanctions for carrying Iranian cargo, via WSJ

US Kansas Fed Manufacturing Index (May) 9 (Prev. 10)

US Kansas Fed Composite Index (May) 8

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