🔤🔤🔤🔤 🇺🇸 Long-term bond yields are rising globally—the 30-year U.S. Treasury bond yield is above 5%, and Japan's is at record highs—as investors worry about governments' ability to manage soaring deficits, like the US debt jumping from $4.5T in 2007 to $30T in 2025, amid inflation and weakening demand. 🛢 OPEC+ is considering a third straight output hike of 411,000 barrels per day for July—matching increases in May and June—as it shifts toward boosting market share over defending prices, with a final decision expected at its June 1 meeting. 🇪🇺The EU is set to delay new trading book rules to January 2027, awaiting U.S. clarity on Basel reforms, to avoid disadvantaging European banks like Deutsche Bank and BNP Paribas and preserve capital for growth. 🍎President Trump's escalating criticism of Apple's overseas manufacturing and CEO Tim Cook has added to investor concerns about the company's AI struggles and growth outlook, weighing on the stock, which closed today at $200.46. 👟 Nike will raise adult product prices by $2–$10 starting this week to offset Trump's tariffs (30% on China, 10% on Vietnam), while keeping kids' items and Air Force 1s unchanged; shares closed at $60.99. #marketnews 📆 Key Events to Watch Today (Friday 23.05): 🇬🇧 Retail Sales m/m - 9:00 GMT +3; 🇨🇦 Core Retail Sales m/m - 15:30 GMT +3; 🇨🇦 Retail Sales m/m - 15:30 GMT +3; That’s all for today! If you enjoyed the review, drop a 👍 📲 Start Trading with us @fxlounge