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NYMEX GASOLINE JUNE FUTURES SETTLE AT $2.5959 A GALLON.
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NYMEX NATURAL GAS JULY FUTURES SETTLE AT $2.3270/MMBTU.
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NYMEX DIESEL JUNE FUTURES SETTLE AT $2.2808 A GALLON.
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IRAQ HAS PROCURED 2 MLN TONNES OF LOCAL WHEAT SO FAR - OFFICIAL TO REUTERS
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U.S. SEC SAYS FORMER COINBASE MANAGER AND HIS BROTHER AGREE TO SETTLE INSIDER TRADING CHARGES RELATING TO CRYPTO ASSET SECURITIES
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HOUSE REP. SPEAKER MCCARTHY: I'M CONFIDENT OF GETTING ADEQUATE REPUBLICAN SUPPORT FOR THE DEBT CEILING BILL ON THE HOUSE RULES COMMITTEE.
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MINUTES OF THE FED BOARD'S DISCOUNT RATE MEETINGS FROM APRIL 10 THROUGH MAY 3, 2023 https://www.federalreserve.gov/newsevents/pressreleases/files/monetary20230530a1.pdf
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HOUSE REP. SPEAKER MCCARTHY: THE DEBT CEILING BILL IS EASY FOR REPUBLICANS TO VOTE FOR.
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FED'S BARKIN: IT WOULD BE SHOCKING IF IN A FUTURE RECESSION RATES DID FALL AGAIN TO ZERO.
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CITI'S DICKSON: WE SEE SIGNS THAT THE FED WILL ACHIEVE A SOFT LANDING.
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FED'S BARKIN: I AM HEARING LESS ABOUT THE RISK FROM WAGE INCREASES.
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FED'S BARKIN: INFLATION IS GOING TO BE MORE STUBBORN THAN MANY PEOPLE WOULD HOPE.
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FED'S BARKIN: THERE IS MORE WILLINGNESS AMONG BUSINESSES TO TRY TO INCREASE PRICES, AND THAT WILL CONTINUE UNTIL DEMAND FALLS.
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BRENT CRUDE FUTURES FALL 5% TO SESSION LOW OF $73.22/BBL
US CRUDE FUTURES FALL 5% TO SESSION LOW OF $69.02/BBL
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FED'S BARKIN: SOME PARTS OF THE ECONOMY APPEAR TO BE COOLING, OTHERS REMAIN VIBRANT.
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103 COUNTERPARTIES TAKE $2.200 TLN AT THE FED REVERSE REPO OPERATION.
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FED'S BARKIN: IT IS HARD TO COUNT ON RATE HIKES TO DO ALL WORK ON INFLATION.
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FED'S BARKIN: I AM LOOKING FOR SIGNS THAT DEMAND IS FALLING.
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FED'S BARKIN: FED POLICY IS IN RESTRICTIVE TERRITORY, BUT THERE IS UNCERTAINTY AROUND WHERE RATES NEED TO GO.
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FED'S BARKIN SPEAKS - REGISTER HERE https://nabe.com/NABE/Events/Event_Display.aspx?EventKey=MPSERIES23&WebsiteKey=91b9e16d-e6fe-4f31-a4af-02c194225c32