US President Trump says under a framework deal, the Strait of Hormuz would open immediately; adds he does not want a bad agreement with Iran

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Bank of America (BAC) expects Q2 sales and trading revenue to rise about 15% Y/Y

NY Fed rrp op demand at USD 1.853bln (prev. 1.787bln) across 7 counterparties (prev. 6)

US President Trump says under a framework deal, the Strait of Hormuz would open immediately; adds he does not want a bad agreement with Iran

US President Trump says the gas tax holiday is something we might talk about; will see over the next fortnight

About 30 Japanese companie are considering investing in a new SoftBank (SFTBY) venture to develop domestic AI, Nikkei reports

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  • Not sure if US should make an Iran deal if others do not join the Abraham Accords
  • If it is not a great deal, US will not do it
  • Thinks talks with Iran are going well in terms of the talks
  • We have things understood now with Iran
  • On Iran, says it is really a regime change; new group is more reasonable

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