News

According to Iranian media Fars News: About 180 Iranian parliamentarians issued a statement emphasizing the need for revenge, ending the understanding with the United States, establishing a special committee to review negotiations, passing the Strait of Hormuz Management Law, and providing all-round support to the armed forces.

In the United States, the annual Red Book commercial retail sales rate for the week ending July 11 was 8.2%, compared with the previous value of 11.5%.

Bank of America (BAC.N): Net interest income guidance is expected to trend towards the upper end of the 6% to 8% range.

Nick Timiraos, "Fed's mouthpiece": June's CPI data were moderate across the board. Core commodity prices fell for the second consecutive month, falling by 0.09%. Housing prices rose only 0.12%. Prices of core services excluding housing fell by 0.2%, reaching the lowest level since the epidemic.

Federal Reserve Chairman Warsh: The Inflation Framework Working Group will study the drivers of inflation and weigh various ideas for achieving price stability.

Federal Reserve Chairman Warsh: Our Productivity and Employment Working Group will investigate the speed, coverage and impact of a new generation of general-purpose technologies.

Federal Reserve Chairman Warsh: Employment growth keeps pace with labor force growth. Unemployment is low and has changed little over the past year. Layoffs have been relatively rare.

Market pricing shows that bets on the Fed's rate hike this month have been lowered.

Federal Reserve Chairman Warsh: The U.S. economy is resilient and growing steadily.

Federal Reserve Chairman Warsh: The labor market is generally stable and nominal wage growth is solid.

Federal Reserve Chairman Warsh: The Federal Reserve has zero tolerance for continued high inflation.

After the CPI data was released, spot silver rose by $2 in the short term to $59.15 per ounce.

The annual rate of housing inflation in the United States was 3.3% in June, which was not seasonally adjusted, compared with the previous value of 3.4%.

The U.S. used car and truck inflation rate in June was -1.8%, compared with -2% in the previous month.

The annual rate of new car inflation in the United States was 0.5% in June, which was not seasonally adjusted, compared with the previous value of 0.2%.

The annual rate of energy inflation in the United States, which was not seasonally adjusted, was 15.7% in June, compared with the previous value of 23.5%.

The U.S. food inflation rate was 3.0% in June, compared with 3.1% in the previous month.

The U.S. CPI in June, not seasonally adjusted, was 333.952, expected to be 334.697, and the previous value was 335.123.

Market news: Google is extending Gemini to Chrome users in the UK.

Market News: A US tanker plane landed at Ben Gurion Airport after a fuel shortage was announced.