JUST IN: Qatar reports intercepting a missile barrage targeting Al Udeid Air Base. There were no incidents or casualties from the attack.

JUST IN: BRENT AND US CRUDE FUTURES DROP OVER $5 AMID VOLATILE TRADING.

JUST IN: Trump opposes further military involvement in the Middle East, reports CNN.

Trump declares a "complete and total ceasefire" between Israel and Iran, naming it "The 12 Day War" now "considered ended."

Berkshire now pays 5% of all U.S. corporate tax

Warren Buffett’s Berkshire Hathaway paid a record $26.8B in corporate taxes — accounting for 5% of the entire U.S. corporate tax bill.

July rate cut odds rise to 22.7%

Markets are slowly pricing in higher chances of a Fed cut in July, with odds now at 22.7%.

JUST IN: Israeli military reports identifying missiles fired from Iran towards Israel.

JUST IN: Iran's security body to announce 'end of war' with Israel soon, while Israeli Defense Minister orders strong military response to Iran's ceasefire breach with strikes in Tehran.

JUST IN: Israeli Defense Minister: Strikes ordered on central Tehran

The Defense Minister said he instructed the army to launch powerful strikes on targets in central Tehran in response to Iran’s ceasefire violation.

JUST IN: Iran denies launching rockets after ceasefire

Tehran claims it did not fire any rockets at Israel following the ceasefire agreement, rejecting reports of renewed attacks.

Germany approves €500B debt plan through 2029

Chancellor Merz’s cabinet greenlit a 2025 budget with €82B in new debt this year, rising to €126B by 2029 — totaling €500B.

The boost targets NATO’s 3.5% GDP defense goal, amid pressure from Trump to reach 5%.

JUST IN: Trump says Israel and Iran both violated the ceasefire

JUST IN: Fed's Powell states the economy remains strong despite uncertainty. Tariffs could raise prices and impact the economy. US short-term interest rate futures dip as traders anticipate lower chances of early Fed rate cuts.

JUST IN: Fed's Hammack indicates more progress needed for 2% inflation target, notes policy is near neutral, expects Fed to hold steady for now, and sees no urgent need to cut interest rates.

JUST IN: Fed's Powell suggests earlier rate cuts if inflation is weaker than anticipated.

JUST IN: Fed's Powell states that rate cuts are on hold due to anticipated significant inflation growth this year.

Trump nominated for Nobel Peace Prize

Donald Trump has been nominated for the Nobel Peace Prize for brokering the ceasefire agreement between Iran and Israel.