Iran exported just 209,000 barrels per day (bpd) of crude oil and condensate in May, down from 1.34 million bpd in April and nearly 1.9 million bpd in March. Meanwhile, the country's hyperinflation has hit 100%. 

However, the most rampant risk taking is unlikely to unwind peacefully...

"A weaker print will bring back stagflationary fears, which is risk-negative. A hotter print will see Equities reacting to bond yields, where inflation concerns could drive yields higher along with bond vol, which would be equity negative."  - JPM

Short gamma, passive fund inflows, billions in retail orderflow, lock ups, massive index selling, blackouts, and much more... oh and the roadshow presentation: here is all you need to know about how to trade the world's biggest IPO...

"Backlash from negative commentary toward the end of 1Q put downward pressure..."

 

 

Higher oil and gas prices could increase UK borrowing through debt interest, welfare payments, and pressure on departmental budgets...

Iran has informed Pakistan of its acceptance of transferring part of its uranium to a third country that agrees to it. However, Al Arabiya followed up by stating that the US still refuses Iran's request to release its frozen funds.

Everybody loved gold at the highs. Nobody wants it at support.

Reiterates that central to any agreement would be that Iran "can't have a nuclear weapon."

"However, in the past this level of elevate cost has eventually led to significant levels of supply-driven inflation." 

Coroner orders jury probe into officers’ action...

While Korea and Taiwan remain key drivers, a wider set of emerging economies is benefiting from resilient growth, improving capital flows and valuations that still look inexpensive relative to developed markets.

Some 75 US refueling planes occupy more than half of the travel hub's spots...

French leaders have been claiming immigration must be stopped for decades, yet migration numbers have never been higher...

"It's not a way to solve the problem..."
 

US President Trump said that Iran talks are going well. He reiterated that almost all of Iran's leadership has been wiped out; Brent Aug’26 +0.4%.

A new Deutschlandtrend poll reported by Welt shows support for the CDU's blanket refusal to work with the AfD falling sharply...

"S&P DJI determined that exceptions to the financial viability, seasoning, and IWF requirements should not be granted solely based on market capitalization"