US May durable goods orders +0.1% vs -0.1% expectedUS Q1 final GDP +1.4% vs +1.3% expectedUS initial jobless claims 233K vs. 236K expectedUS May goods trade balance (advance) -100.62B vs. -97.95B priorUS May wholesale inventories +0.6% vs +0.1% priorUS sells 7-year notes at 4.276% vs 4.279% WIFed's Bostic: Sees a cut this year and 4 cuts in 2025US May pending home sales -2.1% vs +2.5% expectedFormer BOE MPC member Saunders sees cut in August and cash rate to 3.5% at end-2025US pharmacy giant offers up a big warning on the US consumerAtlanta Fed GDPNow 2.7% vs 3.0% priorJune US KC Fed manufacturing index -11 vs -1 priorMarkets:Gold up $28 to $2326US 10-year yields down 3.1 bps to 4.28%WTI cru
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