NEW: 🇺🇸 US core PPI YoY comes in at 4.9%, below 5.4% forecast and prior 5.2%

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NEW: 🇺🇸 US PPI YoY comes in at 6.5%, above 6.4% forecast and 6.0% prior

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NEW: 🚀 SpaceX IPO said to draw more than $70 billion in retail orders

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NEW: 🚀 SpaceX to allocate at least 20% of IPO to retail investors, orders exceed $70 billion — Bloomberg

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NEW: 🇺🇸 Treasury Secretary Bessent says any damage to Gulf allies will be paid for using frozen Iranian funds

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NEW: 💰 Bessent says any tolls paid to Iran will be offset by extracted frozen Iranian funds

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NEW: 🇺🇸 Trump says US is talking to Iran — Fox News interview

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🚨BREAKING🚨: 🇪🇺 ECB raises interest rates for first time since 2023, citing energy costs from Iran war

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NEW: 🇺🇸 Trump says US is flying planes over Tehran, Iran has no idea

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NEW: 🇮🇷 Iran threatens Elon Musk's companies in the Middle East — Iranian state media

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NEW: 🇬🇧 UK FCA proposes 10% cap on crypto ETN exposure in retail funds, according to report

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NEW: 🔬 Google turns to Samsung for future AI chip production as capacity tightens — The Information

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NEW: 🏛️ ECB's Lagarde says there will be no pre-set rate path

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🚨BREAKING🚨: 🇺🇸 Trump says US will seize Iran's Kharg Island and other oil infrastructure points — Truth Social

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NEW: 🌍 World Bank warns global GDP growth could slow to 1.3% in 2026 with severe energy disruptions and financial stress

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NEW: 🇨🇳 World Bank cuts 2026 China GDP growth forecast to 4.2% from 4.4% in January

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NEW: 💰 World Bank raises 2026 Brent crude forecast to $94/barrel, up $34 from January

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NEW: 🇸🇾 Syrian President Ahmed al-Sharaa to visit Washington on June 14 after Trump invitation — Syria TV

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NEW: 🇦🇪 UAE and Iran held face-to-face talks to ease tensions, sources say

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NEW: 🇮🇷 Iran fortifies Kharg Island with troops, air defenses, mines ahead of potential US operation — CNN reports

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NEW: 🚀 Prometheus, Jeff Bezos's AI startup, raises $12B at a $41B valuation — WSJ reports

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