Trump: US Now Controls The Strait Of Hormuz
US Is Doing Really Well With Iran
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US Is Doing Really Well With Iran
US Mine-Swept Entire Strait And Has 100% Control - Strait Is Slightly Complex Due To Occasional Mines - US Is The Only Country With Control Of Strait Of Hormuz
**Notes/Observations** - Month-end data flow was broadly constructive for the eurozone but added to the ECB's policy dilemma. French preliminary June CPI surprised to the downside at 1.8% y/y (vs 2.0%e), bringing headline inflation back to target for the first time in three months, while French consumer spending (+0.5%