🇺🇸 Markets on Wednesday #dowjones flat #nasdaq -0.5% S&P500 -0.27%, snaps 3-day winning streak! Inflation Data 😎 Consumer price index +0.1% in May from April, vs +0.2% estimate Core CPI +0.1%, less than expected What are traders pricing in from Fed?68% chance of an interest-rate cut by the Fed U.S. central bank in September Source: CME FedWatch tool 🇺🇸🇨🇳 US China Deal President Donald Trump said a Truth Social post that -Deal with China is “done, subject to final approval with President Xi and me.’ -We are getting a total of 55% tariffs, china is getting 10% Other Asset Classes 🇺🇸 10-year Treasury yield at 4.40% 💲Dollar Index at 98.3 ⛽️ Brent Crude at 69.8$/barrel, on escalating U.S.-Iran tensions. Reports of a partial evacuation of the U.S. embassy in Iraq 💸 Bitcoin at 108550$ 🪙 Gold at 3,325$/ounce Stock in Focus on Thursday 🚀 Oracle's +7% in after hours trading on Strong Earnings Beat. Also projected cloud infrastructure revenue growth +70% in fiscal 2026 vs +50% in the prior fiscal year What else to track on Thursday? 1️⃣ May’s reading of the producer price index. Economists polled by Dow Jones are expecting the index to show a +0.2% for the period 2️⃣ More developments on trade, especially between the U.S. and China 3️⃣ Rising tensions between the U.S. and Iran