Trump calls off Iran strikes planned for Thursday night
US president claims progress in negotiations for new deal with Tehran
Economic news
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SpaceX IPO marks the end of the no-brainer benchmark index trade
Investors do not need big benchmarks to get what they want
Trump vows to take ‘total control’ of Iran’s oil and gas markets
US president says American forces will also seize control of key export hub Kharg Island
Wholesale prices rose 1.1% in May, more than expected
The producer price index was expected to increase 0.7% in May, according to the Dow Jones consensus forecast.
Gold sinks to 6-month low as speculative investors exit
Bullion set for worst quarter in almost a decade as Iran war, expectations of US rate rises and SpaceX IPO weigh on price