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Daily Brief | June 13 2025

· 5 min

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Top News ✅ In the U.S., the federal deficit continued to rise in the fifth month of the year. ✅ Israel carried out airstrikes on nuclear facilities, missile depots, and high-ranking officials in Iran. The attack has heightened tensions in the Middle East and pushed oil prices higher. Brent crude jumped 7.8%, reaching $74.8 per barrel. ✅ Later today, the University of Michigan’s Consumer Sentiment Index will be released, with the consensus expecting a preliminary reading of 53.5 points for June.

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