UBS Warns Trump's 100% Generic Drug Tariff Puts Indian Pharma "On Notice"; Goldman Flags Reshoring Winners

US Prepares To Board Iran-Linked Ships Globally Following Iranian Gunboat Attack On Tanker In Hormuz Summary:  Two Iranian gunboats Open Fire on a tanker near Oman; 2nd tanker hit by 'unknown projectile' Pentagon prepared to expand anti-vessel action, signals prepared to board Iran-linked ships globally Friday: Hormuz Open; Saturday: Hormuz Closed  Trump: Iran wanted to close up Strait again, can't blackmail us Strait of Hormuz traffic returns to normal by end of April? Yes 28% · No 72%View full market & trade on Polymarket *  *  * US Prepares to Board Iran-Linked Ships Globally According to the latest...

Trump Says Hormuz To Reopen Friday After Signing Of "Great Peace Deal" With Iran Summary Trump Says Hormuz Chokepoint Reopens Friday Pakistan PM Confirms Peace Deal, with a signing event in Switzerland next Friday Trump Confirms US-Iran Peace Deal "Now Complete" and says "Let The Oil Flow"  Iran's president issues pro-MoU signing statement as Tehran is boasting of great and solid results for its side. There are reports this includes a significant release of billions in its frozen assets in the West. White House still suggesting an electronic MoU deal to be signed with Iran on...

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...