Bloomberg Markets
New residential construction in the US slowed to the weakest pace in six years, driven by a steep decline in apartment projects.
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MarketWatch
Despite some warning signals from inflation and the direction of travel for Kevin Warsh, fund managers seem reluctant to reduce exposure but Michsael Hartnett expects some chips to be taken off the table over the quieter summer months ahead.
Bloomberg Markets
Oil fell below $80 a barrel for the first time since early March as the US-Iran deal to reopen the Strait of Hormuz boosted expectations for a revival in supply.
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Bloomberg Markets
Abu Dhabi National Oil Co has hired commodities veteran Benoit Roulon to head up its trading arm, part of the long-term expansion plan at the Middle Eastern producer which quit OPEC last month.
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