LOGAN BACKS IMMEDIATE RATE HIKE

Fed Governor Lorie Logan said she preferred a 25 bp rate hike, arguing inflation is not on track to sustainably return to the Fed's 2% target.

Logan said taking modest action now would reduce the risk of more aggressive tightening later, while stressing the Fed cannot rely on unexpected shocks to achieve its inflation goal.
(@WalterBloomberg)

U.S. CONSUMER SENTIMENT TOPS ESTIMATES

University of Michigan consumer sentiment rose to 55.2 in July, above the 54.0 consensus and up from 49.5 in June.

One-year inflation expectations held at 4.2%, down from 4.6% in June, while the five-year outlook remained at 3.3%, pointing to stable long-term inflation expectations.
(@WalterBloomberg)

US 10-YEAR TREASURY YIELDS RISE TO 4.7388%, HIGHEST SINCE JANUARY 2025
(@WalterBloomberg)

TREASURY SELLOFF GATHERS MOMENTUM

U.S. Treasury yields climbed across the curve after Fed officials Lorie Logan and Beth Hammack defended their calls for a 25 bp rate hike, boosting expectations of near-term tightening.

The 10-year Treasury yield rose to 4.737%, its highest intraday level since January 2025, as investors increased bets on higher rates.
(@WalterBloomberg)

AMAZON SHARES JUMP 15.2%, SET FOR BIGGEST PERCENTAGE GAIN SINCE 2012
(@WalterBloomberg)

CITI SEES BUY-THE-DIP SHIFT IN KOSPI

Citi said investors have shifted to buying Kospi pullbacks, citing record foreign inflows, improving pension fund demand and tighter retail trading rules.

The bank maintained its 10,000 Kospi target, saying solid memory-chip fundamentals, attractive valuations and potential government support should continue to underpin the market.
(@WalterBloomberg)

TRUMP: SAYS THERE'S NO INFORMATION ICC IS AFTER ME
(@WalterBloomberg)

TRUMP: IRAN'S MISSILE CAPABILITY WEAKENED

President Donald Trump said Iran still has "a few missiles," but far fewer than it did four to five months ago.

Trump added that Iran's missile production capabilities have almost completely disappeared, signaling continued pressure on the country's military capabilities.
(@WalterBloomberg)

- ITALY SUSPENDS EU'S SCHENGEN FREE-TRAVEL REGIME WITH SPAIN AFTER CEUTA MIGRANT CRISIS - STATEMENT
(@WalterBloomberg)

U.S. TREASURY CHIEF ON IRAN: WE ARE SEARCHING FOR THEIR ASSETS ALL AROUND THE WORLD

U.S. TREASURY CHIEF ON IRAN: MONEY WILL GO TO IRANIAN PEOPLE
(@WalterBloomberg)

TRUMP: IRAN ARE BEING DECIMATED
(@WalterBloomberg)

TRUMP ON IRAN: WE'LL BE HITTING THEM
(@WalterBloomberg)

TRUMP ON ISRAEL, HAMAS DEAL: BIG STEP FOR MIDDLE EAST
(@WalterBloomberg)

TRUMP ON UKRAINE, MISSILES: WE HAVE TO BE VERY CAREFUL ABOUT LETTING SOMEBODY BUILD THEM

TRUMP ON UKRAINE, MISSILES: HAVE NOT AGREED TO THAT

TRUMP ON UKRAINE, MISSILES: I DON'T THINK THIS WOULD EVER HAPPEN
(@WalterBloomberg)

TRUMP ON IRAN: CAN REACH A DEAL
(@WalterBloomberg)

*TRUMP SAYS IRAN LIED DURING NEGOTIATIONS

*TRUMP SAYS IRAN FIRED FIVE MISSILES AT JORDAN
(@WalterBloomberg)

WARSH CONSIDERS REDUCING FREQUENCY OF FED POLICY MEETINGS: NYT
(@WalterBloomberg)

U.S., ISRAEL WEIGH STRIKES ON IRAN ENERGY SITES

The U.S. and Israel are preparing a potential joint campaign targeting Iranian energy infrastructure, with strikes possible this weekend, according to CBS.

President Trump has not given final approval. Officials are reportedly weighing the economic impact, with discussions including completing operations before Monday’s market open. White House and Israeli officials are coordinating plans.
(@WalterBloomberg)

U.S. AND ISRAEL ARE PREPARING TO BOMBARD ENERGY-RELATED TARGETS IN IRAN AS SOON AS THIS WEEKEND - CBS NEWS
(@WalterBloomberg)

IRAN'S TASNIM, QUOTING SENIOR SECURITY OFFICIAL: WE CONSIDER REPORTS OF POTENTIAL U.S. AND ISRAELI ATTACKS ON IRAN'S INFRASTRUCTURE TO BE A 'FORM OF RECKLESSNESS'
(@WalterBloomberg)

IRAN'S TASNIM, QUOTING SENIOR SECURITY OFFICIAL: IRAN'S RESPONSE PLAN INCLUDES CRITICAL INFRASTRUCTURE OF ISRAEL AND U.S. ENERGY INFRASTRUCTURE IN THE REGION
(@WalterBloomberg)