Steve Collins

I like money and world events.

[zerohedge @zerohedge]

KORU -30%

Retail margin call massacre

[First Squawk @FirstSquawk]

Taiwan Shares Decline Over 2%, Extending Regional Weakness

[*Walter Bloomberg @DeItaone]

SPOT GOLD RISES NEARLY 1% TO $4,054.89/OZ

[unusual_whales @unusual_whales]

BREAKING: The US and Iran agree to stop strikes and instead meet this week, per Axios.

[Muhammad Hassaan @CosmicPakistani]

IRGC attacking Bahrain after US airstrikes tonight. Deal's collapsing and these are the initial links in the chain of disaster(s) to follow for the entire region. As my good friend @Natsecjeff said quite rightly, it is the "Art of the deal".

[UKMTO Operations Centre @UK_MTO]

UKMTO WARNING 076-26

Click here to view UKMTO Products⤵️
https://t.co/alTxwBuCqv

#MaritimeSecurity #MarSec

[zerohedge @zerohedge]

*KASHKARI: INFLATION DRIVEN BY SUPPLY ISSUES, INCLUDING AI-BUILD

Here we go: AI as source of inflation

[unusual_whales @unusual_whales]

BREAKING: More economists are forecasting Fed rate hikes than cuts for the first time since 2023, per Reuters

[LiveSquawk @LiveSquawk]

US Core PCE Price Index (M/M) May: 0.3% (est 0.3%; prev 0.2%; prev R 0.3%)
- Core PCE Price Index (Y/Y): 3.4% (est 3.4%; prev 3.3%)
- PCE Price Index (M/M): 0.4% (est 0.5%; prev 0.4%)
- PCE Price Index (Y/Y): 4.1% (est 4.1%; prev 3.8%)

[LiveSquawk @LiveSquawk]

US Durable Goods Orders (M/M) May P: -4.5% (est -5.0%; prev 8.0%)
- Durables Ex-Transportation (M/M): 1.3% (est 0.6%; prev 1.1%)
- Cap Goods Orders Nondef Ex Air (M/M): 1.6% (est 0.6%; prev -1.0%)
- Cap Goods Ship Nondef EX Air (M/M): 0.3% (est 0.5; prev 0.4%)

[*Walter Bloomberg @DeItaone]

$AAPL - APPLE RAISES PRICES OF IPADS, MACS IN RESPONSE TO INCREASES IN MEMORY CHIP COSTS

APPLE MACBOOK NEO STARTING PRICE WILL INCREASE FROM $599 TO $699

APPLE MACBOOK AIR WITH 512 GB OF MEMORY WILL INCREASE FROM $1,099 TO $1,299

APPLE MACBOOK PRO WITH 1 TB OF MEMORY WILL INCREASE FROM $1,699 TO $1,999

APPLE IPAD AIR 128 GB WILL INCREASE FROM $599 TO $749

APPLE IPAD PRO WIFI 256 GB WILL INCREASE FROM $999 TO $1,199

[Nick Timiraos @NickTimiraos]

Headline PCE rose 0.45% in May, and the 12-month change of 4.1% was the largest increase in three years

[Nick Timiraos @NickTimiraos]

Core PCE was 0.32% in May, on the low side of expectations but still the fourth highest monthly print in the last 12 months (3.9% annualized)

The 12-month change, at 3.4%, is the highest reading since Oct. 2023. The 6-month annualized rate is above 4%.

[Christophe Barraud🛢🐳 @C_Barraud]

🇺🇸 *US 1Q GDP RISES ANNUALIZED 2.1% Q/Q; EST. +1.6% - BBG

https://t.co/UU2bGmCP1n

[unusual_whales @unusual_whales]

BREAKING: Job cuts at U.S. factories ran near their highest levels since the end of the global financial crisis in 2009 and the Covid-19 pandemic, per CNBC

[Barchart @Barchart]

Trading has been halted in South Korea after stocks plunge 10% 📉📉 Black Tuesday is upon us 🚨🚨

[First Squawk @FirstSquawk]

IRANIAN ENVOY IN RESPONSE TO FATALITY IN SOUTH LEBANON ON TUESDAY: ANY VIOLATION OF MOU IN LEBANON WILL CREATE CHALLENGES FOR PEACE TALK PROCESS

[zerohedge @zerohedge]

IRAN'S MISSILE PROGRAM NEVER PART OF NEGOTIATIONS: BAGHAEI

[zerohedge @zerohedge]

Korea Krashed

Samsung Electronics fell 12.3% and SK Hynix fell 12.5%, together accounting for 71% of the KOSPI’s 10% decline