Russia Warns Situation At Bushehr Nuclear Plant Deteriorating After 3rd Airstrike In Ten Days

The US Army has used much of its stockpile of accurate long-range missiles in the Iran war, Reuters reported on Tuesday, citing people familiar with the data. The report said that the missiles include the Army Tactical Missile Systems (ATACMS), surface-to-surface missiles that are fired from HIMARS rocket systems, and the Precision Strike Missiles (PrSM), […]

Conference Board Consumer Survey Signals Ugly Job Market, Weakest 'Present Situation' In Over 5 Years Amid a plethora of revisions (lower), The Conference Board's measure of Americans' Consumer Confidence rose very modestly in June (from 90.6 to 91.2 - a big miss on the headline print's expectation of 94.4). However, while Expectations rose to their highest level of the year, the Present Situation tumbled to its lowest since March 2021... “Consumer confidence inched up in June as falling oil prices in recent weeks provided some relief to consumer inflation fears,” said Dana...

Key Events This Week: Nvidia Earnings, FOMC Minutes And Global PMIs Looking at the week ahead, Nvidia’s earnings on Wednesday, with a market capitalisation now of $5.46tn, will be the main event. In economics, we have the global flash PMIs on Thursday, along with inflation data from Canada tomorrow, the UK on Wednesday, and Japan on Friday. From central banks, the highlight will be the FOMC minutes on Wednesday. Those flash PMIs will be important, as they’re one of the first indicators on how the global economy has performed this...