A U.S. official told Axios that Iran fired at least two missiles at vessels in the Strait of Hormuz. Two merchant ships were struck and heavily damaged; no casualties reported.

Germany’s Federal Statistical Office said industrial output rose 0.9% MoM in May, above a 0.2% consensus and the initially reported April gain of 0.4%. The rise was driven by a 3.6% MoM jump in motor vehicle production. The three-month on three-month series (Mar–May vs. prior three months) increased 0.1%. April was revised down to +0.2% MoM from a preliminary +0.4%. Separately, May industrial orders rose 1.9% MoM; the increase remained sizable after excluding large one-off orders such as aircraft, ships, trains and military vehicles.

美联储理事沃勒：风险已转向通胀。