• Trump praises newly released CPI numbers as 'great' - [DB]

• US crude oil inventories decreased by 3.644M barrels, compared to an estimate of a 1.960M barrel drop - [DB]

• Stripe to acquire crypto wallet provider Privy - [AGGR]

• Bank of America CEO announces efforts to develop a stablecoin independently and with industry partners - [Tree]

• We will not share our best chips with China, says Lutnick - [IH]

• U.S. military dependents in Bahrain and Kuwait can temporarily depart due to heightened regional tensions; U.S. Embassy in Iraq prepares for evacuation amid increased security risks - [IH]

• U.S. Defense Secretary authorizes voluntary departure of military dependents from Middle East locations - [IH]

• S&P 500 closes 0.3% lower; NASDAQ declines 0.5% - [DB]

• GameStop announces $1.75 billion convertible senior notes private offering - [AGGR]

• General Kurilla's testimony postponed amid rising tensions in the Middle East - [IH]

• DeFi Development withdraws $1 billion shelf offering due to missing management report on internal controls in 10-K; part of funds were intended for purchasing Solana, with plans to refile in the future - [PN]

• Euro rises above $1.15 for the first time since April 22 - [DB]

• U.S. officials inform Israel is fully prepared for an operation against Iran - [DB]

• ETF flows on June 11, 2025: Bitcoin ETFs see $164.6M net inflows, Ethereum ETFs see $240.3M net inflows - [EI]

• UK GDP grew 0.7% in Feb-April (3M/3M); April GDP rose 0.9% YoY but fell 0.3% MoM, against estimates of +0.7%, +1.1%, and -0.1% respectively - [DB]

• UK April industrial production falls 0.6% m/m (est. -0.5%) and 0.3% y/y (est. -0.2%); manufacturing production declines 0.9% m/m (est. -0.7%) but rises 0.4% y/y (est. +0.5%) - [DB]

• US-Iran nuclear talks scheduled for Sunday in Muscat, Oman - [DB]

• U.S. State Dept restricts government employees and their families from traveling outside Greater Tel Aviv, Jerusalem, and Be’er Sheva until further notice - [IH]

• US May producer prices increase 0.1% M/M (est. +0.2%) and 2.6% Y/Y (est. +2.6%); core PPI rises 0.1% M/M (est. +0.3%) and 3% Y/Y (est. +3.1%) - [DB]

• U.S. initial jobless claims at 248K, above expectations of 242K - [EI]

• US jobless claims rise to 248K for the week ending June 7, above the estimated 240K; continuing claims at 1.956M for the week ending May 31, above the estimated 1.910M - [DB]