1. The probability of the Fed keeping interest rates unchanged in July is currently reported at 72.7%, while the probability of a 25 basis point rate hike is 27.3%.
2. Lockheed Martin was awarded an $850 million U.S. Navy contract for the Trident II D5 Life Extension.
3. Brent crude and U.S. crude oil futures settled down by 0.38% and 0.93% respectively.
Fed Rate Outlook, Key Contracts, & Commodity Shifts