On 23rd local time Israel defense minister KATZ said Israel is prepared for “all contingencies” as tensions with Iran escalate. KATZ convened an emergency security assessment at defense ministry headquarters with IDF chief of staff Zamir and senior officers and warned that if Iran mounts any form of attack against Israel it would face a “devastating” response.

Singapore June CPI YoY 1.9% vs 2.0% expected; May 1.8%.

According to Politico, the U.S. House on Wednesday passed the Stop Insider Trading Act, restricting members of Congress and their families from trading individual stocks. The measure cleared the floor 232-198, with 13 Democrats voting yes; only two of the bill's 93 cosponsors are Democrats. Many House Democrats said the bill is too weak because it does not require lawmakers to sell existing holdings. A separate, tougher bill that would force divestiture had broader bipartisan support but never reached the floor. The Stop Insider Trading Act now goes to the Senate for consideration.