NEW: 🇺🇸 Trump administration considers $300 billion fund for Iran if accord is maintained — FT reports

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NEW: 🇺🇸 Footage shows heavy flames and smoke after B-52 bomber crashed at Edwards Air Force Base

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NEW: 🇺🇸 8 US crew members killed in B-52 crash at Edwards Air Force Base in California

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NEW: 🗣️ Trump denies US is paying Iran $300 million, calls story 'fake news' on Truth Social

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NEW: 🇺🇸🇮🇷 US says it will assist Iran in destroying enriched uranium alongside IAEA.

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NEW: 🇨🇳 PBOC sets yuan reference rate at 6.8108 per dollar, weaker than prior close of 6.7568

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NEW: 🇨🇳 China May new home prices fall 0.20% MoM, extending decline from April's 0.19% drop

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NEW: 🇨🇳 China May retail sales fall 0.6% YoY, sharply missing -0.2% forecast and prior 0.2%

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NEW: 🇨🇳 China May industrial output rises 4.5% YoY, slightly above 4.4% estimate

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NEW: 🇨🇳 China unemployment rate falls to 5.1% in May vs 5.2% forecast

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NEW: 🇨🇳 China urban investment (YTD YoY) plunges to -4.1% in May, deeply missing -2.3% forecast and prior -1.6%

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NEW: 🇨🇳 China new construction starts drop 22.6% YoY in Jan-May, deepening real estate crisis

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NEW: 🇯🇵 Bank of Japan raises overnight call rate to 1.00%, signaling tighter policy

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NEW: 🇯🇵 BOJ says it will maintain monthly JGB purchases near ¥2 trillion from April 2027

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NEW: 🇯🇵 BOJ warns of risk that underlying CPI inflation could rise above price target

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NEW: 🇯🇵 BOJ warns rising energy costs are feeding into consumer prices more quickly, raising risk of inflation exceeding target

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NEW: 🇺🇸 NBC reports no oil tanker passed through Strait of Hormuz yesterday, contradicting Trump and Pence claims

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NEW: 🇯🇵 Bank of Japan hikes rates to highest since 1995 as yen languishes at historic lows.

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NEW: 🏛️ Economists expect higher rates as Kevin Warsh takes over as Fed chair — FT reports

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NEW: 🇦🇺 RBA holds cash rate steady at 4.35%, in line with forecasts — no change from prior

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NEW: 🇯🇵 Bank of Japan hikes rates to 1.00%, highest since 1995, as yen and inflation worries persist.

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