Strait of Hormuz Disruption Sparks Global Oil Supply Fears 
Citigroup Delays Fed Rate Cut Forecast Amid Strong Jobs Data and Inflation Concerns 
Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes 
U.S. Strikes on Iran Draw War Crimes Warnings from International Law Scholars 
Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth 
Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation 
Lot of economic dockets to be released today, however the risks associated with the releases are low.
Upcoming -
- Spain - Retail sales figure for May and preliminary reading on HICP inflation for June to be declared at 7:00 GMT.
- UK - Bank of England (BOE) will release credit and money supply details at 8:30 GMT. GFK consumer confidence to be released at 23:00 GMT.
- Euro zone - Several confidence dockets like consumer confidence, industrial confidence to be released at 9:00 GMT.
- Portugal - Consumer and business confidence to be released today.
- Germany - Preliminary Inflation data to be released for June at 12:00 GMT.
- Canada - Industrial product price and raw material price index to be released at 12:30 GMT.
- US - Pending home sales to be released at 14:00 GMT, followed by Dallas FED manufacturing index at 14:30 GMT.
- New Zealand - Building permits to be released at 22:45 GMT for the month of May.
