Iran State Media Says Trump's Optimistic Claims On Deal Are "Mix Of Truth & Lies"

At least five people have been killed and an unknown number of others wounded Monday in various Israeli strikes on southern Lebanon. At least one of the slain was a woman, targeted outside the women’s Islamic center in Zefta. Zefta appeared to be the main site of casualties so far on Monday, with at least […]

President Donald Trump threatened that if Iran attempts to dig out its destroyed nuclear facilities, he will order new strikes on the sites.  “We’ll get that at some point, whenever we want. We have it surveilled,” Trump said on Full Measure. “I did a thing called Space Force, and they are watching. If somebody walked […]

Core Producer Prices Cooler Than Expected In April, Goods Costs Jump Most On Record After yesterday's mixed bag from consumer prices (headline in-line but core cooler than expected and goods deflating), US Producer Prices were expected to keep accelerating higher (on a YoY basis) in May and they did... by more than expected. Headline PPI rose 1.1% MoM in May (much hotter than the 0.7% MoM exp) but April's 1.4% MoM rise was revised down to +1.1% MoM. This left producer prices up 6.5% YoY (vs 6.4% exp and up from...