US Pending Home Sales YoY (Apr) Y/Y 3.2% (Prev. -1.1%)

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US issues fresh Iran-related sanctions, according to the Treasury Department website (details light)

Iran’s Deputy Foreign minister says the US is presenting a threat as an opportunity for peace; reiterates Iran is prepared to confront any military aggression

US Pending Home Sales YoY (Apr) Y/Y 3.2% (Prev. -1.1%)

US Treasury Secretary Bessent says Governor Ueda will do what he needs to do if granted sufficient independence by Japan’s government, Reuters reports

US EQUITY OPEN: Indices in the red and edge lower post-open

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