United States Wholesale Inventories above forecasts (0.2%) in May: Actual (0.3%)

United States Goods Trade Balance came in at $-105.8B below forecasts ($-85B) in May

United States Goods Trade Balance came in at $-105.8B below forecasts ($-85B) in May
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Oil: Market optimism faces supply risks – Commerzbank

Commerzbank’s commodity team, led by Barbara Lambrecht, warns that recent declines in Oil prices may prove temporary as tanker traffic through the Strait of Hormuz is only gradually recovering and US inventories sit well below seasonal norms.
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