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Traders said the Argentine interbank peso closed down 0.61% at 1,471.5 pesos to the dollar, its lowest level in eight months.

According to the Financial Times, SpaceX's (SPCX.O) $25 billion bond issuance attracted nearly $90 billion in subscription orders around noon local time.

A Reuters/Ipsos poll shows that only 23% of Americans believe the postwar relationship between the United States and Iran is stronger, while 35% believe it is more fragile.

A Reuters/Ipsos poll shows that 52% of Americans believe the Iran issue is not worth the price to pay, while 24% believe it is.

According to the Financial Times, Andy Burnham, a leading candidate to become the next Labour leader, is preparing to replace current Chancellor of the Exchequer Rachel Reeves, but will offer her other positions in the cabinet.

June 24 (CNBC) – The selection process for the new president of the Federal Reserve Bank of Atlanta is under close scrutiny as it enters its seventh month. The world hopes to see how new Fed Chair Warsh will reshape the Federal Open Market Committee (FOMC), which sets interest rate policy. The selection process has changed as Warsh has begun to exert personal influence within the Fed. According to two people familiar with the process, the Fed had already been looking for candidates for the Atlanta Fed presidency during the tenure of former Fed Chair Powell. However, the selection process was temporarily suspended to allow Warsh to lead the appointment. Both people requested anonymity as the search is ongoing. They said that Michael Faulkender, who served as a senior Treasury official under President Trump, was subsequently included in the shortlist for the Atlanta Fed presidency. It is unclear whether Faulkender is still a candidate.

According to CNBC: With Warsh appointed as Federal Reserve Chairman, the selection process for the Atlanta Fed president has been restarted.

When asked when IAEA inspectors would be on-site in Iran, US President Trump said: "At the right time. No rush."

US President Trump: We are working on an agreement with Iran and look forward to further developments.

US President Trump: The top priority is to ensure that Iran never has nuclear weapons.

The Federal Reserve accepted a total of $6.484 billion from 10 counterparties in its fixed-rate reverse repurchase operations.

The US 2-year Treasury auction on June 23rd yielded a winning bid of 4.189%, compared to 4.07% previously.

Sources indicate that supply chain software maker SPS Commerce is considering a sale. SPS Commerce has reportedly hired Morgan Stanley to explore the possibility of a sale. SPS Commerce shares are currently up over 7%.

SpaceX: The proceeds will be used to fully repay the SpaceX bridging loan, with the remainder used for general corporate purposes.

SpaceX has filed documents proposing to issue senior unsecured bonds with maturities of 5, 7, 10, 20, and 30 years.

June 24 – Mexico's and Brazil's two state-owned oil companies have agreed to collaborate on oil exploration, production, and refining to help the two Latin American energy giants expand their oil reserves. The CEOs of Pemex and Petrobras announced at an event in Rio de Janeiro that they have signed a non-binding memorandum of understanding to cooperate in exploration and production, including in shallow and deep waters of the Gulf of Mexico, as well as in refining, natural gas, petrochemicals, and other areas.

On June 24th, Baird analyst Ben Kallo predicted that Tesla (TSLA.O) will deliver 392,900 vehicles in the second quarter. He added that the electric vehicle company's total deliveries will reach 1.68 million vehicles by 2026. The analyst wrote, "We believe a merger between SpaceX (SPCX.O) and Tesla is highly likely and is expected to take 12 to 18 months." He added that a merger is the "ultimate direction" and is "clear and compelling, with both companies benefiting from greater scale." Kallo reiterated his "outperform" rating and $522 price target for Tesla.

Italian Prime Minister Meloni: I don't think the dispute with Trump will have a negative impact on the Italian economy.