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Prior month -4.1% revised to -5.3% Building permits for April -6.6% vs 2.0% estimate. Much worse than expectations on the month and revision. The USDCAD …

Headline CPI: CPI +2.4% vs +2.5% expected (some forecasts were 2.4%) Prior was +2.9% m/m reading at +0.1% vs +0.2% expected (unrounded consensus was +0.16%) …

The US CPI data will be released at 8:30 AM ET with the expectation of 0.2% for the MoM headline and 0.3% for the core. …

Trump is out with a message on Truth Social about the deal with China. Naturally, he wrote it in all caps: OUR DEAL WITH CHINA …

Headlines: EU aims for US trade talks to extend past Trump’s July deadline. Japan prime minister Ishiba says making steady progress in tariff negotiations with …

Prior -3.9% Market index 254.6 vs 226.4 prior Purchase index 170.9 vs 155.0 prior Refinance index 707.4 vs 611.8 prior 30-year mortgage rate 6.93% vs …