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DESK FILE · 89 DISPATCHES · ALL SOURCED

Markets

rates & central banks · IPO & M&A filings · sovereign debt · FX & liquidity

On this deskFederal Reserve · 17Bank of Japan · 15Goldman Sachs · 9Morgan Stanley · 8Bank of England · 7Nasdaq · 6Bank of Korea · 5SpaceX · 5Strait of Hormuz · 5Iran · 5Donald Trump · 5Deutsche Bundesbank · 4United Kingdom · 4SEC · 4
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MARKETS · rates central banks · 2026-07-02SCOOP 80

Judge Rules JPMorgan Still Has to Pay for Charlie Javice’s Legal Defense

Charlie Javice, founder of Frank, was convicted of defrauding JPMorgan Chase. Adam Gray/Bloomberg/Getty Images JPMorgan must continue covering convicted fraudster Charlie Javice's legal fees, a judge ruled. Javice, convicted of defrauding JPMorgan, faces seven years in prison. Another judge this week denied a request to remove her ankle monitor while her case is on appeal. JPMo

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Reopening Federal Bond Issue — Auction Result
Photo: Dr. Thomas Liptak · via Wikimedia Commons · CC BY-SA 4.0
MARKETS · rates central banks · 2026-07-01SCOOP 58

Reopening Federal Bond Issue — Auction Result

The Deutsche Bundesbank published the auction result for a reopened Federal bond issue on July 1 via its federal-securities press release page. The result figures were issued as an accompanying PDF notice; the feed carried no yield or allotment detail.

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Announcement — Federal Treasury Discount Paper (Bubills)
Photo: Dr. Thomas Liptak · via Wikimedia Commons · CC BY-SA 4.0
MARKETS · rates central banks · 2026-06-30SCOOP 65

Announcement — Federal Treasury Discount Paper (Bubills)

The Deutsche Bundesbank published an auction announcement for Federal Treasury discount paper (Bubills) on June 30 via its federal-securities press release page. Terms were issued as an accompanying PDF notice; the feed carried no volume or maturity detail.

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MARKETS · rates central banks · 2026-06-29SCOOP 55

Christine Lagarde: Back to Basics in an Uncertain Environment

The ECB published Christine Lagarde's June 29 speech 'Back to basics in an uncertain environment,' delivered at the ECB Forum on Central Banking in Sintra. Per the text, Lagarde argued monetary policy has returned to interest rates as its primary tool now that structural changes, including rising defence spending, have moved rates away from the effective lower bound, and said d

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Isabel Schnabel: Is Inflation Back?
Photo: Foto: Gregor Fischer · via Wikimedia Commons · CC BY 2.0
MARKETS · rates central banks · 2026-06-27SCOOP 58

Isabel Schnabel: Is Inflation Back?

The ECB published a speech by Isabel Schnabel titled 'Is inflation back?' on June 27, posted as a PDF on the ECB's press pages. The feed carried no text of the remarks.

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Brexit Has Made the UK More European, Says Goldman Sachs
Photo: Jakub Hałun · via Wikimedia Commons · CC BY 4.0
MARKETS · rates central banks · 2026-06-26SCOOP 55

Brexit Has Made the UK More European, Says Goldman Sachs

The Financial Times reported on June 26 on Goldman Sachs research arguing that Brexit has made the UK 'more European' — in the sense of lacklustre GDP growth and weak inward investment, per the FT's framing, rather than cafe culture and egalitarian social values. The feed carried no specific growth or investment figures from the note.

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Interest Rates (May 2026)
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MARKETS · rates central banks · 2026-06-26SCOOP 55

Interest Rates (May 2026)

The Bank of Korea reported on June 26 that the average interest rate on new deposits was 2.93% in May 2026, up 1 basis point from the previous month, while the average rate on outstanding deposits stood at 2.03% at end-May, also up 1 basis point. The average rate on new loans fell 1 basis point to 4.19%, and the rate on outstanding loans rose 1 basis point to 4.31%.

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MARKETS · rates central banks · 2026-06-25SCOOP 60

Retail Payments Infrastructure Board Launches Consultation on Next-Generation UK Payments Infrastructure

The Bank of England said on June 25 that the Retail Payments Infrastructure Board (RPIB) launched a consultation on the future design of the UK's next-generation retail payments infrastructure. The release calls the launch a major milestone in the modernisation of the UK's payments landscape.

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Announcement of Auction — Reopening 7-Year Federal Bond
Photo: Dr. Thomas Liptak · via Wikimedia Commons · CC BY-SA 4.0
MARKETS · rates central banks · 2026-06-25SCOOP 58

Announcement of Auction — Reopening 7-Year Federal Bond

The Deutsche Bundesbank published an auction announcement on June 25 for the reopening of a 7-year Federal bond via its federal-securities press release page. Terms were issued as an accompanying PDF notice; the feed carried no volume or date detail.

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MARKETS · rates central banks · 2026-06-24SCOOP 65

Megan Greene's CV and Questionnaire for the Treasury Select Committee

The Bank of England on June 24 published Megan Greene's CV and questionnaire for the Treasury Select Committee. The Bank's news page files the item under her TSC reappointment, per the release URL; the feed carried no further detail.

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Reopening of Two Federal Bonds — Auction Result
Photo: Dr. Thomas Liptak · via Wikimedia Commons · CC BY-SA 4.0
MARKETS · rates central banks · 2026-06-24SCOOP 58

Reopening of Two Federal Bonds — Auction Result

The Deutsche Bundesbank published the auction result for the reopening of two Federal bonds on June 24 via its federal-securities press release page. The result figures were issued as an accompanying PDF notice; the feed carried no yield or allotment detail.

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Indicators for Core CPI
Photo: Suicasmo · via Wikimedia Commons · CC BY-SA 4.0
MARKETS · rates central banks · 2026-06-23SCOOP 60

Indicators for Core CPI

The Bank of Japan updated its 'Indicators for Core CPI' research data on June 23, publishing trimmed mean, weighted median, mode and diffusion-index measures alongside CPI series that exclude institutional factors such as tax changes and energy cost measures. Per the BoJ page, the data are released at 2:00 p.m. two business days after Japan's official CPI; the index page itself

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MARKETS · rates central banks · 2026-06-23SCOOP 55

Philip R. Lane: Introductory Remarks

The ECB published introductory remarks by Philip R. Lane, delivered June 23 to the European Parliament's Committee on Economic and Monetary Affairs in Brussels for an exchange of views on the economic and fiscal implications of the Middle East crisis. Per the text, euro area GDP contracted 0.2% in Q1 2026 (growth was 0.3% excluding Ireland), headline inflation stood at 3.2% in

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MARKETS · rates central banks · 2026-06-22SCOOP 60

CFTC Seeks Comment on 24/7 Trading of Standard Futures and Perpetual Contracts on Physically Delivered Energy Commodities

The CFTC said on June 22 it issued a request for comment on two related developments in energy derivatives markets: the extension of standard futures contracts to 24/7 trading, and the potential listing of perpetual contracts referencing physically delivered or storable energy commodities such as crude oil. Both items were framed as seeking public input, per the commission's pr

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Semiannual Report on Currency and Monetary Control (Summary)
Photo: Suicasmo · via Wikimedia Commons · CC BY-SA 4.0
MARKETS · rates central banks · 2026-06-22SCOOP 57

Semiannual Report on Currency and Monetary Control (Summary)

The Bank of Japan published the summary of its Semiannual Report on Currency and Monetary Control on June 22, covering October 2025 through March 2026 and submitted to the Diet in June 2026. Per the report summary, the Bank held the overnight call rate at 0.5% through December before raising it to 0.75% at the December meeting, across four policy meetings in the period. It also

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Asset Purchase Facility: Gilt Sales — Market Notice, 19 June 2026
Photo: Diliff · via Wikimedia Commons · CC BY-SA 3.0
MARKETS · rates central banks · 2026-06-19SCOOP 60

Asset Purchase Facility: Gilt Sales — Market Notice, 19 June 2026

The Bank of England issued a Market Notice on June 19 setting out the schedule for Q3 2026 sales of gilts held in the Asset Purchase Facility (APF) for monetary policy purposes, per the notice text. Specific sale sizes and operation dates were not carried in the feed summary.

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Minutes of the Meeting of the Court of Directors Held on 23 April 2026
Photo: Diliff · via Wikimedia Commons · CC BY-SA 3.0
MARKETS · rates central banks · 2026-06-18SCOOP 63

Minutes of the Meeting of the Court of Directors Held on 23 April 2026

The Bank of England on June 18 published minutes of its Court of Directors meeting held April 23, 2026. Per the release, the Court acts as a unitary board setting the Bank's strategy and budget and taking key decisions on resourcing and appointments; it is required to meet at least seven times a year and has five executive members from the Bank plus up to nine non-executive mem

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Developments in Real Exports and Real Imports
Photo: Suicasmo · via Wikimedia Commons · CC BY-SA 4.0
MARKETS · rates central banks · 2026-06-18SCOOP 55

Developments in Real Exports and Real Imports

The Bank of Japan updated its 'Developments in Real Exports and Real Imports' research data on June 18, released as a chart PDF and spreadsheet. Per the BoJ page, the series breaks down real exports and imports by region and goods category to allow assessment consistent with real GDP, and from April 2026 the data are released at 4:00 p.m. one business day after the Ministry of

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MARKETS · rates central banks · 2026-06-17SCOOP 69

Federal Reserve Board and FOMC Release Economic Projections from the June 16-17 FOMC Meeting

The Federal Reserve Board and Federal Open Market Committee released economic projections from the June 16-17 FOMC meeting, per a Fed press release dated June 17. Per the release page, the materials were made available at 2:00 p.m. EDT on June 17 as tables and charts in PDF and accessible formats. The announcement itself carries no projection figures; the data sit in the attach

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MARKETS · rates central banks · 2026-06-17SCOOP 68

Index-linked Treasury Stock

The Bank of England published an index-linked Treasury stock notice on June 17. Per the notice text, index-linked Treasury stocks are gilts issued by the UK government that pay out twice a year, with the amount indexed to the Retail Prices Index.

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Treatment of the Relaxation of the Terms and Conditions for the Securities Lendi
Photo: Suicasmo · via Wikimedia Commons · CC BY-SA 4.0
MARKETS · rates central banks · 2026-06-16SCOOP 55

Treatment of the Relaxation of the Terms and Conditions for the Securities Lending Facility

The Bank of Japan posted a document titled 'Treatment of the Relaxation of the Terms and Conditions for the Securities Lending Facility' on June 16, filed among its monetary policy decision releases for that date per the URL path. The feed carried no summary text; details are in the PDF.

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Amendment to "Principal Terms and Conditions of Complementary Deposit Facil
Photo: Suicasmo · via Wikimedia Commons · CC BY-SA 4.0
MARKETS · rates central banks · 2026-06-16SCOOP 55

Amendment to "Principal Terms and Conditions of Complementary Deposit Facility"

The Bank of Japan posted an amendment to the 'Principal Terms and Conditions of Complementary Deposit Facility' on June 16, filed among its monetary policy decision releases for that date per the URL path. The feed carried no summary text; details are in the PDF.

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MARKETS · rates central banks · 2026-06-15SCOOP 63

Who Holds US Treasury Securities Overseas? Data from the TIC System

The St. Louis Fed's FRED Blog reported on June 15 that FRED has added data from the Treasury International Capital (TIC) system, a dataset with global scope on holders of US Treasury securities. Per the post, the majority of Treasuries are held by the American public and institutions, including the Federal Reserve.

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Summary of the RTGS CHAPS Industry Forum
Photo: Diliff · via Wikimedia Commons · CC BY-SA 3.0
MARKETS · rates central banks · 2026-06-15SCOOP 55

Summary of the RTGS CHAPS Industry Forum

The Bank of England on June 15 published a summary of the first meeting of the RTGS CHAPS Industry Forum, held June 4 per the minutes page. The feed carried no detail beyond the fact of the inaugural meeting.

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MARKETS · rates central banks · 2026-06-13SCOOP 55

Justice Department Approves Paramount Acquisition of Warner Bros. Discovery

NPR reported on June 13 that the US Justice Department cleared Paramount's acquisition of Warner Bros. Discovery, paving the way for a proposed $111 billion merger uniting two rival studio giants. Paramount owns CBS; the much larger Warner portfolio includes HBO and CNN. The clearance was corroborated the same day by The Straits Times, The Independent and Economic Times.

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Japanese Government Bonds Held by the Bank of Japan
Photo: Suicasmo · via Wikimedia Commons · CC BY-SA 4.0
MARKETS · rates central banks · 2026-06-12SCOOP 72

Japanese Government Bonds Held by the Bank of Japan

The Bank of Japan published its statistical release on Japanese government bonds held by the Bank on June 12, posted as a spreadsheet on the Bank's site with data referenced to June 10 per the file name. The feed carried no summary figures.

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Bank of Japan Accounts (June 10)
Photo: Suicasmo · via Wikimedia Commons · CC BY-SA 4.0
MARKETS · rates central banks · 2026-06-12SCOOP 64

Bank of Japan Accounts (June 10)

The Bank of Japan released its regular accounts statement for June 10 on June 12. Per the release, total assets stood at 663,234,913,304 thousand yen (roughly 663.2 trillion yen), with Japanese government securities of 532,325,408,142 thousand yen the largest asset line. Banknotes in circulation were 114,728,303,357 thousand yen and current deposits 436,452,248,813 thousand yen

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Musk's SpaceX IPO Holds Both Promise and Peril
Photo: Debbie Rowe · via Wikimedia Commons · CC BY-SA 3.0
MARKETS · rates central banks · 2026-06-11SCOOP 71

Musk's SpaceX IPO Holds Both Promise and Peril

Deutsche Welle reported on June 11 that SpaceX, Elon Musk's rocket and AI company, presents potential for investors ahead of its IPO, while its futuristic and unproven plans carry significant financial risks. Same-day corroborating coverage included a CNA report that Oppenheimer launched Wall Street's first coverage of SpaceX with a bullish outlook, and a South China Morning Po

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US Inflation Hits 4.2% in May, Highest Since April 2023, as Energy Drives 60% of
Getty Images via CNBC
MARKETS · rates central banks · 2026-06-10SCOOP 90

US Inflation Hits 4.2% in May, Highest Since April 2023, as Energy Drives 60% of Monthly Gain

U.S. consumer prices rose 0.5 percent in May on a seasonally adjusted basis, lifting the annual inflation rate to 4.2 percent from 3.8 percent in April — the highest reading since April 2023, the Bureau of Labor Statistics reported June 10. Core CPI, excluding food and energy, rose 0.2 percent on the month and 2.9 percent year over year. The energy index jumped 3.9 percent in M

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Japan 30-Year Bond Auction Draws Weakest Demand in a Year as Bid-to-Cover Slumps
Photo: Dick Thomas Johnson · via Wikimedia Commons · CC BY 2.0
MARKETS · sovereign debt · 2026-06-10SCOOP 76

Japan 30-Year Bond Auction Draws Weakest Demand in a Year as Bid-to-Cover Slumps to 2.94

Japan's June 10 auction of 30-year government bonds drew a bid-to-cover ratio of 2.94, down from 3.49 at the previous sale and below the 12-month average of about 3.4 — the weakest demand for the tenor since June 2025, Bloomberg reported. The soft result is the third consecutive disappointing super-long JGB auction, following a poor 40-year sale last week, and lands amid persis

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China Factory-Gate Inflation Accelerates to 3.9%, Fastest Since July 2022, on Wa
CFOTO/Getty Images via CNBC
MARKETS · rates central banks · 2026-06-10SCOOP 72

China Factory-Gate Inflation Accelerates to 3.9%, Fastest Since July 2022, on War-Driven Energy Costs

China's producer price index rose 3.9 percent year on year in May, the National Bureau of Statistics reported June 10, accelerating from April's 2.8 percent and matching market forecasts — the fastest factory-gate inflation since July 2022 and the third consecutive month of increases after a years-long deflationary stretch that ended in March. The surge was driven by war-inflat

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Oil Sinks to Seven-Week Low as Iran and Israel Halt Attacks; Brent Settles at $8
Reuters via Yahoo Finance
MARKETS · fx liquidity · 2026-06-09SCOOP 84

Oil Sinks to Seven-Week Low as Iran and Israel Halt Attacks; Brent Settles at $89.95, 10-Year Yield Slips to 4.54%

Oil settled sharply lower June 9 after Iran and Israel said they had halted attacks on each other following an appeal from U.S. President Donald Trump. Brent crude fell $4.30, or 4.6 percent, to $89.95 a barrel — its lowest close since April 17 — while West Texas Intermediate dropped $4.95, or 5.4 percent, to $86.35, Reuters reported. Prices briefly pared losses midsession afte

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Ingredion to Buy Tate & Lyle for £2.7B in All-Cash Deal at 59% Premium, Mark
via Personal Care Insights
MARKETS · ipo and ma filings · 2026-06-08SCOOP 70

Ingredion to Buy Tate & Lyle for £2.7B in All-Cash Deal at 59% Premium, Marking Another London Delisting

Ingredion announced on June 8 a recommended all-cash acquisition of Tate & Lyle at 595 pence per share, valuing the UK ingredients maker's equity at approximately £2.7 billion ($3.6 billion) and implying an enterprise value of roughly £3.7 billion ($5.0 billion) at the June 5 exchange rate. The price represents an approximately 59 percent premium to Tate & Lyle's closing share

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OpenAI said to prepare confidential S-1 for a 2027 IPO; valuation reports range
TechTimes
MARKETS · rates central banks · 2026-06-07SCOOP 70

OpenAI said to prepare confidential S-1 for a 2027 IPO; valuation reports range far below the ~$1tn headline figures

OpenAI is preparing to confidentially file a draft registration statement (Form S-1) with the SEC and is targeting a public listing as soon as September 2026, according to reporting by CNBC and Axios and aggregated by TechTimes. The valuation target cited by the primary reporting ranges between roughly $730 billion and $850 billion; OpenAI's last private mark was about $852 bil

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Bouygues, Orange and Free-iliad sign €20.35 billion MoU to carve up Altice Franc
Telecom Infra blog
MARKETS · ipo and ma filings · 2026-06-06SCOOP 81

Bouygues, Orange and Free-iliad sign €20.35 billion MoU to carve up Altice France's SFR

A consortium of Bouygues Telecom, Orange and the Free-iliad Group signed a memorandum of understanding with Altice France on Saturday, June 6 to acquire SFR, France's second-largest telecom operator, for €20.35 billion ($23.44 billion) including debt — among the biggest European telecom deals in recent years. Under the planned carve-up, Bouygues would take the largest share of

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Wall Street's worst day of 2026: Nasdaq -4.1%, chip stocks lose ~$1tn after
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MARKETS · rates central banks · 2026-06-05SCOOP 83

Wall Street's worst day of 2026: Nasdaq -4.1%, chip stocks lose ~$1tn after hot May jobs report flips Fed-hike odds

US equities suffered their worst session of 2026 on Friday, June 5, after a far-stronger-than-expected May jobs report pushed traders to price interest-rate hikes rather than cuts. The economy added 172,000 jobs versus consensus near 80,000-88,000, with unemployment steady around 4.3%. The Nasdaq Composite tumbled about 4.1% (or 4.18%), its worst day since April 2025; the S&P 5

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US adds 172,000 jobs in May, nearly double the ~85K consensus; unemployment hold
MARKETS · rates central banks · 2026-06-05SCOOP 74

US adds 172,000 jobs in May, nearly double the ~85K consensus; unemployment holds 4.3%, killing near-term Fed cut hopes

U.S. nonfarm payrolls rose 172,000 in May 2026, blowing past the Dow Jones consensus of ~80,000-85,000, while the unemployment rate held steady at 4.3% (per the BLS Employment Situation released June 5). Private payrolls added 120,000 and government 52,000; gains concentrated in healthcare (+35,200), manufacturing (+7,000) and social assistance (+12,000), while financial activi

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Global bond rout resumes: US 10Y back above 4.5%, 30Y tops 5%, UK gilts ~4.9%, F
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MARKETS · sovereign debt · 2026-06-05SCOOP 70

Global bond rout resumes: US 10Y back above 4.5%, 30Y tops 5%, UK gilts ~4.9%, France 10Y OAT clears 3.80% at June 4 auction

Sovereign-bond yields backed up sharply across the developed world in early June 2026 as the energy-driven inflation shock and a blowout US jobs report (May payrolls +172,000) pushed central-bank pricing from cuts toward holds and hikes. After a brief mid-window respite when oil eased, the May 29-June 5 stretch saw renewed selling: on June 3, with WTI closing up 2.41% at $96.02

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SpaceX sets fixed $135 share price for record ~$75bn Nasdaq IPO at $1.77tn valua
Shutterstock via capital.com
MARKETS · rates central banks · 2026-06-04SCOOP 92

SpaceX sets fixed $135 share price for record ~$75bn Nasdaq IPO at $1.77tn valuation; pricing June 11, debut June 12

SpaceX is preparing what underwriters bill as the largest IPO in capital-markets history, set to list on Nasdaq under the ticker SPCX. The company filed confidentially around April 1, made its S-1 public on May 20, and launched its investor roadshow on June 4 after a faster-than-expected SEC review. In an unusual move, SpaceX set a fixed roadshow price of $135 per share rather

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Quantinuum raises $1.68B in upsized IPO, prices at $60 above range; QNT opens at
MARKETS · ipo and ma filings · 2026-06-04SCOOP 80

Quantinuum raises $1.68B in upsized IPO, prices at $60 above range; QNT opens at $68, closes flat at ~$15.7B value

Quantinuum, the quantum-computing firm formed from the merger of Honeywell's quantum division and UK-based Cambridge Quantum, priced an upsized IPO of 28,000,000 Class A shares at $60.00 each on June 3, raising $1.68 billion — above the earlier marketed range of $53-$55. Underwriters hold a 30-day greenshoe of up to 4,200,000 additional shares. The deal was led by J.P. Morgan a

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BoJ said to weigh June rate hike to 1% as Ueda 'all but cements' move;
MARKETS · rates central banks · 2026-06-04SCOOP 78

BoJ said to weigh June rate hike to 1% as Ueda 'all but cements' move; yen near 160 intervention zone, MoF on alert

Bank of Japan officials are set to consider raising the benchmark policy rate by 25bp to 1.0% from 0.75% at the meeting concluding June 16, according to Reuters (Leika Kihara) on June 4, with markets pricing roughly an 80% probability. A move to 1% would lift Japan's policy rate to a level unseen since 1995. Governor Kazuo Ueda 'all but cemented' a June hike in a Wednesday spee

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INNIO prices upsized $2.43B secondary IPO at $27; gas-engine maker jumps ~15% to
MARKETS · ipo and ma filings · 2026-06-04SCOOP 76

INNIO prices upsized $2.43B secondary IPO at $27; gas-engine maker jumps ~15% to $33.30 on Nasdaq debut amid AI power demand

INNIO Group, the Munich-based distributed-power-systems maker behind the Jenbacher and Waukesha engine brands, priced an upsized IPO of 90,000,000 shares at $27.00 each on June 3 — the high end of the range and up from an originally proposed 75 million shares — raising about $2.43 billion. Underwriters received a 13.5-million-share over-allotment option. Critically, this is a p

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SpaceX sets fixed $135 IPO price, 555.6M shares, targeting record ~$75B Nasdaq r
MARKETS · ipo and ma filings · 2026-06-03SCOOP 88

SpaceX sets fixed $135 IPO price, 555.6M shares, targeting record ~$75B Nasdaq raise at ~$1.77T valuation

SpaceX set a fixed price of $135 per Class A share for its IPO, confirmed June 3 ahead of an expected June 11 pricing and June 12 Nasdaq debut under ticker SPCX. The company is offering 555.6 million shares to raise roughly $75 billion — more than double Saudi Aramco's 2019 record, making it the largest IPO ever. At $135, the implied valuation is about $1.77 trillion, which For

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Broadcom Q2 revenue hits record $22.2B, AI chip sales +143% to $10.8B — but stoc
MARKETS · ipo and ma filings · 2026-06-03SCOOP 75

Broadcom Q2 revenue hits record $22.2B, AI chip sales +143% to $10.8B — but stock sinks ~12-14% as $16B Q3 AI guide misses $17.2B

Broadcom (NASDAQ: AVGO) reported fiscal Q2 2026 results on June 3: record total revenue of $22.2 billion, up 48% year over year and just above the ~$22.1B consensus, with AI semiconductor revenue of $10.8 billion soaring 143% y/y on demand for custom AI accelerators and AI networking. Adjusted EPS was $2.44 (up 54%), topping the ~$2.40 estimate. CEO Hock Tan touted 'record reve

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Japan spends record ¥11.73tn defending the yen in a month as USD/JPY hovers near
Photo: Suicasmo · via Wikimedia Commons · CC BY-SA 4.0
MARKETS · rates central banks · 2026-06-02SCOOP 82

Japan spends record ¥11.73tn defending the yen in a month as USD/JPY hovers near 160 intervention trigger

Japan's Ministry of Finance disclosed that authorities spent a record ¥11.73 trillion (about $73 billion at prevailing rates) supporting the yen between April 28 and May 27, 2026 — the largest monthly currency intervention on record and Tokyo's first since 2024 — as a wide BoJ-US rate gap and the energy-price shock pressured the currency. The intervention briefly pushed the dol

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Eurozone flash inflation jumps to 3.2% in May, highest since 2023; energy +10.9%
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MARKETS · rates central banks · 2026-06-02SCOOP 72

Eurozone flash inflation jumps to 3.2% in May, highest since 2023; energy +10.9%, services +3.5% — cements ECB June hike bets

Euro-area annual inflation rose to 3.2% in May 2026 (flash estimate) from 3.0% in April, the highest since September 2023 and well above the ECB's 2.0% target, per Eurostat's June 2 release. The re-acceleration was led by energy (+10.9% y/y, up from 10.8%) amid the Middle East/Iran oil shock, and — more worryingly for the ECB — services inflation jumped to 3.5% from 3.0% and co

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Anthropic confidentially files S-1 at $965B valuation, beating OpenAI to the IPO
MARKETS · ipo and ma filings · 2026-06-01SCOOP 86

Anthropic confidentially files S-1 at $965B valuation, beating OpenAI to the IPO line; targets fall 2026 listing

Anthropic confidentially submitted a draft registration statement on Form S-1 to the SEC on Monday, June 1, 2026, becoming the first major AI lab to formally begin the IPO process and beating rival OpenAI to public markets. The filing follows a ~$65 billion Series H round that pushed Anthropic's post-money valuation to roughly $965 billion — eclipsing OpenAI's valuation for the

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Anthropic confidentially files draft S-1 for IPO, days after $65bn Series H at $
Photo: TechCrunch · via Wikimedia Commons · CC BY 2.0
MARKETS · rates central banks · 2026-06-01SCOOP 80

Anthropic confidentially files draft S-1 for IPO, days after $65bn Series H at $965bn valuation

Anthropic said on June 1 it had confidentially submitted a draft registration statement on Form S-1 to the US Securities and Exchange Commission for a proposed initial public offering of its common stock. In its own statement the company said the number of shares and the price had not been set and that the offering would depend on market conditions and SEC review, adding the fi

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Berkshire Hathaway to buy homebuilder Taylor Morrison for $6.8B equity ($8.5B EV
Photo: No Swan So Fine · via Wikimedia Commons · CC BY-SA 4.0
MARKETS · ipo and ma filings · 2026-06-01SCOOP 79

Berkshire Hathaway to buy homebuilder Taylor Morrison for $6.8B equity ($8.5B EV) at $72.50/share, Greg Abel's first big deal

Berkshire Hathaway agreed to acquire homebuilder Taylor Morrison Home Corp (NYSE: TMHC) for $72.50 per share in cash, an equity value of about $6.8 billion and total enterprise value of roughly $8.5 billion including debt. Announced May 31 and widely reported June 1, the price is a 24% premium to Taylor Morrison's May 29 close of $58.50. It is one of the first major strategic a

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Berkshire Hathaway to acquire homebuilder Taylor Morrison for $6.8bn ($72.50/sha
Photo: No Swan So Fine · via Wikimedia Commons · CC BY-SA 4.0
MARKETS · rates central banks · 2026-05-31SCOOP 78

Berkshire Hathaway to acquire homebuilder Taylor Morrison for $6.8bn ($72.50/share) in first deal under Abel

Berkshire Hathaway agreed to acquire homebuilder Taylor Morrison Home Corp for $72.50 per share in cash, a transaction with an equity value of about $6.8 billion and a total enterprise value of roughly $8.5 billion including debt. The price represented about a 24% premium to Taylor Morrison's prior close (cited near $58.50 on May 29). The deal is the first major acquisition und

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Trump withholds 'final determination' on 60-day Iran truce, leaving a
Getty Images via Al Jazeera
MARKETS · fx liquidity · 2026-05-30SCOOP 70

Trump withholds 'final determination' on 60-day Iran truce, leaving a binary weekend for oil and risk assets

President Donald Trump ended a Friday-evening meeting in the White House Situation Room without announcing his 'final determination' on whether to approve a deal to pause the three-month-old Iran war, CNBC reported, leaving markets heading into the weekend with the 60-day truce extension in limbo. U.S. and Iranian negotiators have agreed on a memorandum of understanding under w

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Japan spent record ¥11.73 trillion defending the yen in April-May, finance minis
Japan Ministry of Finance
MARKETS · fx liquidity · 2026-05-29SCOOP 77

Japan spent record ¥11.73 trillion defending the yen in April-May, finance ministry data show

Japan's Ministry of Finance disclosed on Friday, May 29 that authorities spent a record ¥11.73 trillion (about $73.6 billion) on yen-buying intervention between April 28 and May 27 — the largest amount ever deployed in a month-long reporting period, according to the ministry's monthly foreign exchange intervention release. The previous record of ¥9.79 trillion was spent over tw

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Fertitta Entertainment to buy Caesars for $17.6bn ($31/share) in largest US casi
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MARKETS · rates central banks · 2026-05-28SCOOP 83

Fertitta Entertainment to buy Caesars for $17.6bn ($31/share) in largest US casino acquisition

Fertitta Entertainment, controlled by billionaire Tilman Fertitta, agreed to acquire Caesars Entertainment in an all-cash transaction valued at approximately $17.6 billion, including assumption of about $11.9 billion of Caesars debt. Caesars shareholders would receive $31.00 per share in cash, a 49% premium to the unaffected share price as of February 25, 2026 (and a 46% premiu

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RBNZ holds OCR at 2.25% on Governor Breman's casting vote as committee spli
RNZ
MARKETS · rates central banks · 2026-05-27SCOOP 72

RBNZ holds OCR at 2.25% on Governor Breman's casting vote as committee splits 3-3 on a hike

The Reserve Bank of New Zealand held the Official Cash Rate at 2.25% on Wednesday, May 27, in a decision settled only by Governor Anna Breman's casting vote after the Monetary Policy Committee split 3-3 — internal members Breman, Karen Silk and Paul Conway voting to hold, and external members Carl Hansen, Hayley Gourley and Prasanna Gai voting for a 25-basis-point increase. The

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Hungary holds base rate at 6.25% as cooling inflation and forint rally open the
FX.co
MARKETS · rates central banks · 2026-05-26SCOOP 63

Hungary holds base rate at 6.25% as cooling inflation and forint rally open the door to a June cut

Hungary's central bank left its base rate unchanged at 6.25% on Tuesday, May 26 — its lowest level in four years — while signalling that the door is opening to renewed easing as soon as June. In its post-meeting statement, the Magyar Nemzeti Bank's Monetary Council said April consumer prices rose 2.1% year-on-year with core inflation at 2.2%, both lower than projected in the Ma

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MARKETS · rates central banks · 2026-05-25SCOOP 68

Emerging-market stress builds as dollar firms and oil bites: Turkey rate-hike bets jump, EM bond outflows spike

Emerging-market assets came under renewed pressure during the window as a firm US dollar, the oil-price shock and the global rise in yields squeezed external balances and risk appetite. Bloomberg reported on May 25 that investors were raising bets the Central Bank of the Republic of Turkiye would need to tighten further at its June 11 meeting, with overnight indexed lira swaps

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MARKETS · rates central banks · 2026-05-22SCOOP 55

Fed and FDIC publish resolution plan feedback letters for large domestic and foreign banks

The Federal Reserve Board and the FDIC jointly published resolution plan feedback letters on May 22, covering eight large US banking organizations — Bank of America, BNY Mellon, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, State Street and Wells Fargo — plus HSBC North America and 56 other foreign banking organizations, according to the Fed's press release. The age

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Korea consumer sentiment index jumps 6.9 points to 106.1 in May
Photo: Neoalpha · via Wikimedia Commons · CC0
MARKETS · rates central banks · 2026-05-21SCOOP 55

Korea consumer sentiment index jumps 6.9 points to 106.1 in May

The Bank of Korea said on May 21 that the Composite Consumer Sentiment Index (CCSI) for May 2026 stood at 106.1, up 6.9 points from April. The figure comes from the central bank's monthly Consumer Tendency Survey.

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Nvidia posts record $81.6bn quarterly revenue (+85%), guides Q2 to ~$91bn, adds
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MARKETS · rates central banks · 2026-05-20SCOOP 80

Nvidia posts record $81.6bn quarterly revenue (+85%), guides Q2 to ~$91bn, adds $80bn buyback and raises dividend

Nvidia reported record revenue of $81.6 billion for its fiscal first quarter ended April 26, 2026, up 85% year over year, driven by surging AI-infrastructure demand. Data Center revenue was a record $75.2 billion, up 92% year over year and 21% sequentially, on the ramp of Blackwell 300 products and networking demand (InfiniBand, Spectrum-X Ethernet, NVLink); within that, comput

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MARKETS · rates central banks · 2026-05-20SCOOP 55

Fed releases minutes of April 28-29 FOMC meeting

The Federal Reserve on Wednesday May 20 released the minutes of the Federal Open Market Committee meeting held on April 28-29, 2026. Per the Board's press release, the minutes were published at 2:00 p.m. EDT, following the standard practice of releasing them roughly three weeks after the policy decision, and reflect the economic and financial information available to the Commit

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Korean household credit rose 14.0 trillion won in Q1 2026 to 1,993.1 trillion wo
Photo: Neoalpha · via Wikimedia Commons · CC0
MARKETS · rates central banks · 2026-05-19SCOOP 55

Korean household credit rose 14.0 trillion won in Q1 2026 to 1,993.1 trillion won

The Bank of Korea reported on May 19 that total household credit outstanding increased by 14.0 trillion won in Q1 2026, reaching 1,993.1 trillion won as of end-March. Household loans rose 12.9 trillion won in the quarter to 1,865.8 trillion won, while merchandise credits grew 1.1 trillion won to 127.3 trillion won.

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Synchronized sovereign-bond rout: US 30-year hits ~5.2% (19-year high), Japan 30
Money Morning
MARKETS · rates central banks · 2026-05-18SCOOP 86

Synchronized sovereign-bond rout: US 30-year hits ~5.2% (19-year high), Japan 30-year at a record, German Bund highest since 2011

Government bonds sold off in unison across developed markets in mid-to-late May, pushing long-dated yields to multi-decade highs as the energy-driven inflation shock from the US-Iran conflict and the Strait of Hormuz closure collided with heavy sovereign issuance. The US 30-year Treasury yield rose to about 5.2%, described as its highest since 2007 (a roughly 19-year peak), whi

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PRA to consult on ring-fencing reform to reduce costs for banks
Photo: Diliff · via Wikimedia Commons · CC BY-SA 3.0
MARKETS · rates central banks · 2026-05-17SCOOP 55

PRA to consult on ring-fencing reform to reduce costs for banks

The Bank of England announced on May 17 that the Prudential Regulation Authority plans to consult on reforming rules around shared operational services for ring-fenced banks. The PRA framed the change as a way to reduce costs.

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Energy-shock inflation jump: April PCE ~3.8% (3-year high) as Hormuz closure kee
Sunday Guardian Live
MARKETS · rates central banks · 2026-05-15SCOOP 77

Energy-shock inflation jump: April PCE ~3.8% (3-year high) as Hormuz closure keeps oil elevated and stalls Fed cuts

An energy-price shock stemming from the 2026 US-Iran/Israel conflict and the closure of the Strait of Hormuz pushed US inflation to multi-year highs during the window, removing the Federal Reserve's room to cut and underpinning the bond rout and equity volatility. The April PCE price index was reported around 3.8% year over year, a roughly three-year high, while reporting refer

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Cerebras prices IPO at $185, pops 68% in Nasdaq debut to ~$95bn market cap — big
TradingKey
MARKETS · rates central banks · 2026-05-14SCOOP 84

Cerebras prices IPO at $185, pops 68% in Nasdaq debut to ~$95bn market cap — biggest US listing of 2026

AI chipmaker Cerebras Systems completed a blockbuster Nasdaq IPO under ticker CBRS, pricing 30 million Class A shares at $185 — above the marketed range — to raise about $5.55 billion (up to ~$6.38bn with the over-allotment). The stock surged on its first session, closing up roughly 68% at $311.07 and intraday reaching the mid-$380s, briefly triggering a volatility halt, and en

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MARKETS · rates central banks · 2026-05-14SCOOP 58

US 30-year bond yield tops 5% as Kevin Warsh takes Fed helm and inflation rises

Euronews reported on May 14 that the US Treasury sold 30-year bonds at a yield above 5% for the first time since 2007. The auction result highlighted mounting investor unease, landing just as the Senate confirmed Kevin Warsh as the next chair of the Federal Reserve and as inflation rises.

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Kevin Warsh confirmed as Fed chair 54-45, takes office May 22; Powell stays on t
Deseret News
MARKETS · rates central banks · 2026-05-13SCOOP 85

Kevin Warsh confirmed as Fed chair 54-45, takes office May 22; Powell stays on the Board

The US Senate confirmed Kevin Warsh as chair of the Federal Reserve in a 54-45 vote on May 13, 2026, completing a leadership transition first set in motion when President Donald Trump nominated him January 30. Pennsylvania Democrat John Fetterman was the lone Democrat to join all Republicans in support. Warsh, who served on the Fed Board of Governors from 2006-2011 and helped s

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MARKETS · rates central banks · 2026-05-13SCOOP 55

Senate confirms Kevin Warsh as next Federal Reserve chair

Hindustan Times reported on May 13 that the Senate confirmed Kevin Warsh on Wednesday as the next chair of the Federal Reserve. Per the report's headline, an official takeover date has been set, with the incoming chair's biggest challenge framed around President Trump. Further details, including the vote count and handover date, were not in the available material.

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Bank of Korea: M2 money supply rose 0.4% in March 2026
Photo: Neoalpha · via Wikimedia Commons · CC0
MARKETS · rates central banks · 2026-05-13SCOOP 55

Bank of Korea: M2 money supply rose 0.4% in March 2026

The Bank of Korea said on May 13 that broad money (M2, seasonally adjusted, period-average) increased 0.4% in March 2026 from the previous month. The figure comes from the central bank's monthly monetary and liquidity aggregates release.

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MARKETS · rates central banks · 2026-05-12SCOOP 55

India April inflation rises for sixth straight month, below estimates

CNBC reported on May 12 that India's inflation rose in April for a sixth consecutive month, though the reading came in below estimates. The report flagged disruptions from the Middle East conflict as a risk to India's economic growth and inflation outlook. No specific inflation figure was given in the available material.

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MARKETS · rates central banks · 2026-05-12SCOOP 55

BofA and Goldman push back Fed easing forecasts amid inflation risks

Economic Times reported on May 12 that major Wall Street brokerages have delayed their expectations for Federal Reserve rate cuts, as high energy prices and a strong labour market keep inflation concerns elevated. BofA now expects no cuts at all in 2026, forecasting easing only in mid-2027. Goldman Sachs pushed its expected start of rate cuts from September to December 2026.

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Korea posts 37.33 billion dollar current account surplus in March 2026
Photo: Neoalpha · via Wikimedia Commons · CC0
MARKETS · rates central banks · 2026-05-07SCOOP 55

Korea posts 37.33 billion dollar current account surplus in March 2026

The Bank of Korea reported on May 7 that the Korean current account registered a surplus of 37.33 billion dollars in March 2026, per its preliminary balance of payments release. On the financial account, net assets increased by 36.99 billion dollars over the same month.

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MARKETS · rates central banks · 2026-05-05SCOOP 55

Odds of 2026 Fed rate hike jump as markets brace for inflation surge

Business Insider reported on May 5 that market odds of a Federal Reserve rate hike this year have jumped, while the odds of a cut have dwindled. The repricing comes as markets brace for a bout of sticky inflation; the article's slug ties the outlook shift to the economic fallout from the Iran war.

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MARKETS · rates central banks · 2026-05-05SCOOP 55

RBA warns of harsh Iran war reality as oil prices leave Australians 'feeling poorer'

ABC Australia reported on May 5 that Australia's pre-existing inflation problem has turned sinister since the Iran war, with the economy now hostage to oil prices. The Reserve Bank governor was quoted saying "We are all feeling poorer" as the central bank warned of the war's harsh economic reality for interest rates.

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Trump slams Fed Chair Powell as 'disaster' with mortgage rates above 6
Photo: The Trump White House · via Wikimedia Commons · Public domain
MARKETS · rates central banks · 2026-05-04SCOOP 55

Trump slams Fed Chair Powell as 'disaster' with mortgage rates above 6.5% and 10-year yield near 4.5%

Economic Times reported on May 4 that Donald Trump attacked Fed Chair Jerome Powell as a "disaster" over stubbornly high US borrowing costs, with mortgage rates holding above 6.5% and the 10-year Treasury yield nearing 4.5%. The report cited inflation, global conflict and economic slowdown as the key forces keeping rates elevated and volatile even between Federal Reserve meetin

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MARKETS · rates central banks · 2026-05-04SCOOP 55

RBA rate decision framed as choice between two evils: recession or inflation

ABC Australia reported on May 4 that the Reserve Bank of Australia's imminent interest rate verdict amounts to a choice between two evils, risking recession on one side and entrenched inflation on the other. Per the report, the only certainty about the decision is that it will be split.

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MARKETS · rates central banks · 2026-05-03SCOOP 55

RBA lifts interest rates again as fuel-driven inflation climbs

The Guardian reported on May 3 that the Reserve Bank of Australia lifted interest rates again after soaring fuel prices pushed up inflation. The piece pairs the decision with a reader loan calculator to gauge how the latest hike flows through to repayments; the article gives no figures for the size of the move.

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MARKETS · rates central banks · 2026-05-03SCOOP 55

S&P 500 and Nasdaq 100 post record highs on solid earnings

Barchart commentary carried by Yahoo Finance reported that the S&P 500 closed up 0.29% on Friday and the Nasdaq 100 gained 0.94%, with both indexes posting record highs on solid earnings. The Dow Jones Industrial Average slipped 0.31%. June E-mini S&P futures rose 0.19% in the session.

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Oil rises after Iran doubles down on Strait of Hormuz closure
Photo: NASA · via Wikimedia Commons · Public domain
MARKETS · rates central banks · 2026-04-27SCOOP 70

Oil rises after Iran doubles down on Strait of Hormuz closure

CNN reported on April 27 that oil prices rose after an Iranian official warned the Strait of Hormuz would "under no circumstances" return to its previous state, with Tehran accusing Washington of undermining the diplomatic track. The warning kept a closure premium in crude at the start of the trading week. Hormuz's status — the war's central market variable — remained the pivot

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MARKETS · rates central banks · 2026-04-27SCOOP 55

Oil rises and stocks swing as peace-talk hopes wobble

CNA reported on April 27 that oil advanced while equity markets swung between gains and losses as hopes for US-Iran peace talks faltered. The session captured the market's binary read on the war: crude bid on supply risk, stocks unable to hold direction without diplomatic progress. CNA framed escalation risk and its market impact as the session's dominant concern.

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