The Federal Reserve is expected to hold interest rates steady on Wednesday at the end of the first meeting chaired by Kevin Warsh, with a new policy statement and economic projections likely to reflect growing concern about the inflation stoked by the Iran war even as oil prices slide on peace deal hopes. With recent data showing strong U.S. hiring, a ...

*TRUMP REITERATES IRAN DEAL WILL OPEN HORMUZ TRUMP: I THINK IRANIAN LEADERS WILL BEHAVE MUCH DIFFERENTLY Trump: Iran deal will be signed shortly. Could be signed tomorrow or next day. TRUMP: IF THEY DON'T HONOR THE AGREEMENT, WE'LL PROBABLY GO BACK TO BOMBING THEM UNTIL THEY HONOR IT

Watch live as U.S. President Donald Trump speaks to the media at the end of the G7 summit in Evian-les-Bains, France.

U.S. and Iran discuss moving up signing of deal, sources say The US, Iran, and the mediators are discussing holding the signing of the memorandum of understanding, currently scheduled for Friday, as early as Wednesday, according to a diplomat from one of the mediating countries and a second source familiar with the discussions - Axios MOU WOULD BE SIGNED ELECTRONICALLY, US TO RELEASE TEXT - AXIOS MOU ACCELERATED SIGNING WOULD AIM TO OPEN HORMUZ SOONER - AXIOS

Gold traded steadily above USD 4,300 on Tuesday as the market continued to consolidate following last week’s capitulation-style sell-off that briefly sent prices tumbling towards USD 4,000. The metal has found support from easing inflation concerns after crude oil and refined fuel prices extended their five-day decline, reducing fears that higher energy ...

The threat to ships transiting the Strait of Hormuz has lessened following the announcement of the Iran deal, a naval coalition led by the United States told shippers in a notice this week. The Joint Maritime Information Center downgraded the threat level in Hormuz to “substantial” from “severe” in an advisory note published Tuesday. The center is a ...

Pending home sales in May increased by 3.8% month-over-month and 4.8% year-over-year, according to the National Association of REALTORS® Pending Home Sales report. The report provides the real estate ecosystem—including agents, homebuyers and sellers—with data on the level of home sales under contract. Month-over-month and year-over-year pending home sales ...

I will be doing a Press Conference in 45 minutes from France. I’ll then be heading to Versailles for Dinner with French and other European Leaders, and then back home tonight! The trip was a Great Success but, mostly what people wanted to talk about, is the fact that Iran will not have a Nuclear Weapon, and that the Strait of Hormuz will immediately be opened! Great Numbers in all categories for the United States Economy with more people working today than have ever worked before. Over 19.1 Trillion being invested in the U.S.A. with Factories and everything else happening but, importantly, recent Stock Market numbers are through the roof because of the settlement and, likewise, Oil Prices are tumbling down! President DONALD J. TRUMP Trump: Oil prices are tumbling down. Trump: Great numbers in all categories for the US economy. TRUMP ON TRUTH SOCIAL: SAYS 'IRAN WILL NOT HAVE A NUCLEAR WEAPON,' 'STRAIT OF HORMUZ WILL IMMEDIATELY BE OPENED'

There has been a significant shift in silver prices since the early days of the Iran conflict, which drove massive volatility in the white metal. As of today, the narrative has shifted from the war risk towards the newly announced US-Iran truce. The truce announcement has sharply reduced the prevailing market fears of a more prolonged disruption in energy ...

G7 leaders: Will work together with partners to reduce critical dependencies, ensure that attempts or threats to weaponize economic dependencies fail G7 Leaders: Commit to coordinating efforts to establish, develop necessary processing, industrial capacities for diversification of our critical minerals value chains. G7 leaders: We task the G7 development finance institutions (DFIs) and export credit agencies to enhance coordination and collaboration on critical minerals

Rising inflation and new Federal Reserve chairman Kevin Warsh will take center stage on Wednesday when the central bank meets to decide on the path forward for interest rates. The meeting comes just days after the U.S. and Iran said they had reached a peace deal, which has not been signed yet. Still, the falling oil prices will likely ease some pressure on ...