Trump cancels fresh attacks on Iran, citing agreement reached with Iran, signing awaits; Reports suggest Iranian Supreme Leader approval is still needed, but a positive sign that the US has accepted Iran proposal; US PPI prints hot on headline, core soft; Weak US 30yr bond auction; ECB hiked rates by 25bps; ORCL slides on capex guide and new capital raise.

Softer-than-expected monthly Core CPI, headline M/M in line, yearly gauges rise as expected; US and Iran trade blows after US helicopter was downed; Trump said Iran has taken too…

(Bloomberg) -- Wall Street powered a rebound in stocks as oil fell after President Donald Trump canceled planned strikes against Iran and signaled a deal is near, fueling hopes…