Trade agreement talks in London are set to resume at 8:00 PM London time, in less than two hours. Meanwhile, the US500 is approaching new multi-month highs, surpassing the 6000-point level. US500 is also around only 2% off the all-time highs from February 2025. In the interim, we also heard comments from Trump regarding difficult talks with Iran and the necessity of maintaining the National Guard amidst protests in Los Angeles.
Daily Summary: Hot inflation and awaiting for news from Beijing
US OPEN: Higher inflation to cap gains?
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OIL: EIA points to a deeper supply shock than expected 🔎