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The U.S. Redbook retail sales annual rate for the week ending June 27 was 10.5%, compared to 10% in the previous week.
The US April FHFA House Price Index (month-on-month) and the S&P/CS 20-City Composite Home Price Index (year-on-year, unadjusted) will be released in ten minutes.
According to reports, Turkish President Recep Tayyip Erdoğan received EU High Representative for Foreign Affairs and Security Policy Karas and his entourage at the presidential palace.
On June 30, U.S. Treasury Secretary Bessant urged gasoline retailers to lower prices to coincide with the 250th anniversary of the founding of the United States this month, warning that the Trump administration is watching the situation closely. "I call on all gasoline retailers—whether they are owned by major oil companies, independently operated, or international convenience store chains—to demonstrate good corporate behavior," Bessant said, "especially at this important time of the 250th anniversary, because we are watching very closely."
International oil prices are rising as the market closely watches the outcome of the US-Iran talks. A chart provides a quick overview of the pre-market conversion of domestic and international crude oil prices.