US approved a potential USD 11.9bln foreign military sale to Germany
The approval of a substantial foreign military sale to Germany signals strong U.S.-Germany ties, potentially influencing geopolitical stability in Europe.
Vessels that had started to make their way towards the Strait of Hormuz to exit the Gulf after Iran declared the waterway open have either stopped or turned back, according to ship tracking data cited by FT
Trump shocked Netanyahu with post declaring Lebanon strikes "prohibited". Israel asked the White House for clarifications, via Axios citing sources
US approved a potential USD 11.9bln foreign military sale to Germany
ECB's Kazaks says not certain next rate move will be a hike; would not object to bets of two hikes this year
TREASURY WRAP: T-NOTE FUTURES (M6) SETTLE 16 TICKS HIGHER AT 111-23
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This could impact currencies like the USD and EUR, as well as related asset classes like metals, depending on market perceptions of defense spending and regional security dynamics. Traders should stay alert for shifts in sentiment that may affect cross-asset correlations.
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