Bloomberg Breaking

 Oil declined, with shipping traffic through the Strait of Hormuz picking up on hopes for a permanent US-Iran deal and a Wall Street bank issuing fresh warnings about a potential glut. Michelle Brouhard Head of Policy and Geopolitical Risk at Kpler joins to discuss. (Source: Bloomberg)

The European Central Bank may be able to keep interest rates unchanged at its next meeting if the situation in the Middle East doesn’t escalate in the meantime, according to Governing Council member Primoz Dolenc.

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Stocks are on pace for their best quarter in six years as chipmakers power the rally. The yen sinks to a four-decade low, oil heads for a quarterly drop, and we break down the latest Supreme Court rulings reshaping politics and immigration. Plus, Silas Brown on why sovereign wealth funds are pouring into private credit, and Nishant Kumar on Millennium’s billion-dollar bet on a new quant hedge fu

Bitcoin tumbled more than 3% toward $58,000 on Tuesday as investors reversed an initial vote of confidence in Michael Saylor’s financing overhaul at Strategy Inc., raising fresh concerns that one of the cryptocurrency’s biggest buyers may no longer be a consistent source of demand.

European Central Bank Governing Council member Olli Rehn said the conflict in the Middle East is stoking inflation while weighing on economic expansion. Rehn spoke with Francine Lacqua on Tuesday in Sintra, Portugal. (Source: Bloomberg)

Poonam Goyal of Bloomberg Intelligence joins Bloomberg's Paul Sweeney and Alexis Christoforous to preview Nike earnings. Nike investors will look for further signs of progress in the company’s comeback effort as Chief Executive Officer Elliott Hill cements a leadership reset. Traders will also seek details about one-time tariff refunds and demand tied to the FIFA World Cup. (Source: Bloomberg)

The Depository Trust & Clearing Corp., which settles most trades of US securities, said it will complete two days worth of transactions on Tuesday after a significant number of erroneous trades were submitted by a member firm.

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)

US Treasuries were set to end June with a modest gain thanks to a collapse in inflation expectations, ending the market’s performance drought over the first five months of the year.

Len Tannenbaum, who sold his $5 billion credit firm to distressed debt pioneer Oaktree almost a decade ago, is looking to raise a new fund to capitalize on turmoil in the $1.8 trillion private credit market.

The conflict in the Middle East is stoking inflation while weighing on economic expansion, according to European Central Bank Governing Council member Olli Rehn.

The yen’s descent to a four-decade low is the talk of currency markets today, and the next big trigger for the selloff may be whether Federal Reserve Chair Kevin Warsh keeps up his hawkish tone at the Sintra policymaker forum. Win Thin, Chief Economist at Bank of Nassau, discusses the Yen, as well as his outlook on rates under new Fed Chair Kevin Warsh. (Source: Bloomberg)

FIFA’s dynamic pricing strategy has angered fans but it’s helping generate record revenues, explains Bloomberg Opinion’s Juan Pablo Spinetto. (Source: Bloomberg)

Retail investors’ activity in the technology stocks known as the “Magnificent Seven” hit a four-year low in recent days after having been muted for months, according to Citigroup Inc. equity strategists.

Comcast announced on Monday that it will spin off NBCUniversal and its European media unit, Sky, into a separate, independently traded company. Comcast will hang onto its cable-TV, broadband and wireless businesses.  Chris Marangi, Co-CIO: Value at Gabelli Funds, and Bloomberg 'Wall Street Week' host David Westin discuss the broader media landscape and how this spinoff fits into the recent consolidation trend we've seen in the space. (Source: Bloomberg)

The Brazilian real is heading for its worst month this year as a rebound in the dollar and shifting interest-rate expectations push investors to unwind one of their most favored carry trades.

US stocks advanced on Tuesday as the main indexes zeroed in on their best quarter in six years and traders parsed the latest economic data.

Paramount Skydance Corp.’s $110 billion takeover of Warner Bros. Discovery Inc. could face an intervention from the UK government after the country’s culture and media secretary raised concerns over the diversity of media ownership.

South Africa’s Constitutional Court dismissed Credit Suisse Group AG from a suit alleging that the Swiss bank and others had manipulated the rand-dollar exchange rate for six years through at least September 2013.

Arabica coffee jumped the most in almost four years, buoyed by mounting concerns about supply in top-grower Brazil.