🛢 JPMorgan warns that an attack on Iran could cause oil prices to surge to $120 per barrel, potentially driving the U.S. consumer price index up to 5%. The geopolitical tensions surrounding Iran are raising concerns about inflation impacts in the United States. For more details, visit here.

🌫 Global aluminum prices could reach $2,600 per ton due to the increase in U.S. import duties on the metal to 50%, according to experts surveyed by RIA Novosti.

⚠️🇷🇺 A representative of the German government stated that the G7 summit will focus on the level of agreement between the EU and the US regarding the coordination of sanctions against Russia.

🔔 Ahead

🇺🇸 The United States will release Initial Jobless Claims data at 15:30 MSK. Additionally, the Producer Price Index (PPI) for May will also be announced at the same time.

🚨 The U.S. Producer Price Index (PPI) for May shows a month-over-month increase of 0.1%, up from a previous decline of 0.5%. Year-over-year, the PPI has risen to 2.6%, compared to 2.4% earlier. The core PPI stands at a year-over-year increase of 3.0%, slightly down from the previous 3.1%.

🔔 The United States has reported its Initial Jobless Claims at 248,000, slightly above expectations of 242,000 and up from the previous week's figure of 247,000.

🇺🇸 Micron Technology announced a significant investment of $200 billion in the United States. This move aims to bolster the company's semiconductor manufacturing capabilities and strengthen its position in the global market. The investment reflects Micron's commitment to advancing technology and supporting the U.S. economy. Further details on the plan are expected to emerge in the coming months.

🚀 Circle has launched USDC on the XRP Ledger.

🌟 Trident Digital has announced that it will begin acquiring XRP for its balance sheet and will start utilizing Ripple's payment systems. This move marks a significant step for the company in the cryptocurrency space. For more details, visit Trident Digital.

🚀 DDC Enterprise has officially started acquiring Bitcoin (BTC) for its balance sheet. This move marks a significant step for the company as it embraces cryptocurrency. For more information, visit here.

🇷🇺 Dmitry Peskov stated that he is unaware of any plans to block or slow down the operation of Telegram in Russia.

⚠️🛢🇷🇺 Most G7 countries are prepared to lower the price cap on Russian oil without the involvement of Trump, if necessary. — RTRS

⚠️🇮🇷 The Iranian Foreign Minister, Araghchi, stated that the IAEA resolution further complicates the upcoming round of nuclear negotiations with the United States.

🚨 Ahead

The U.S. natural gas market is anticipating the release of EIA inventory data today at 17:30 Moscow time. Investors and analysts will be closely watching the figures to gauge supply levels and potential impacts on prices.

💥🇺🇸 Oracle Corporation's stock has surged by 14%, reaching an all-time high.

💥 The SEC is targeting the approval of the listing for the DOGE ETF from Bitwise.

🚨🛢️🇺🇸 U.S. gas supplies have increased by 109 billion cubic feet (BCF), according to the EIA report. This figure slightly surpasses the expected increase of 108 BCF but is below the previous week's gain of 122 BCF. For more details, visit the EIA page.

🚨🇪🇺🇷🇺 NATO is set to strengthen its missile defense in Eastern Europe as a measure to deter Russia, according to RTRS. The decision reflects ongoing geopolitical tensions in the region and aims to enhance security for member states. For more details, visit this link.

📰 Goldman Sachs has lowered the probability of a recession in the United States over the next 12 months to 30%.

⚠️🇺🇸 Trump: If China uses coal, then we should use coal too.

🚗 Donald Trump expressed strong support for electric vehicles, stating, "I am totally for 'electric'." He specifically mentioned his admiration for Tesla and other electric car manufacturers. Trump also noted his positive relationship with Elon Musk, revealing that they have discussed electric vehicles.