Markets

12 June 2026
Brazil IPCA May Upside Surprise Raises Doubts Over July Rate Cut, Lifts DI Yields

Brazil’s May IPCA rose 0.58%, above forecasts, tightening rate-cut expectations and pressuring bonds, real, equities.

12 June 2026
Oil slips as US-Iran MoU delays Hormuz, sets 60-day nuclear talks window

IRNA outlines US-Iran MoU terms: Hormuz unchanged, nuclear talks in 60 days; oil dips, volatility expected.

12 June 2026
Deutsche Bank sees Bank of England holding rates, with dissenters, as inflation keeps cuts at bay

Deutsche Bank expects BoE to hold rates, warns inflation risks; traders may profit from higher-for-longer policy.

12 June 2026
UK inflation expectations rise to 3.5%, prompting markets to pare Bank of England cut bets

UK inflation expectations rise to 3.5%, hawkish for BoE; August cut odds drop, boosting GBP, pressuring equities.

12 June 2026
Nomura Warns Crowded Dollar Longs as US Surprise Index Nears Peak, Signalling Potential Pullback

Nomura warns crowded dollar longs and high Surprise Index levels often precede G10 dollar weakness soon.

12 June 2026
Makhlouf Urges Swift ECB Action as Inflation Broadens, Markets Bet on Cut and Euro Volatility Rises

Makhlouf urges swift ECB action to preempt broadening inflation; markets muted, but traders see upside euro volatility.

12 June 2026
Spain’s May HICP Inflation Holds at 3.6%, Adding to ECB Rate-Cut Caution

Spain’s May HICP held at 3.6%, matching forecasts, reinforcing persistent inflation pressures and complicating ECB rate-cut plans.

12 June 2026
Euro slips as ECB turns mildly hawkish, Lagarde shuns guidance and geopolitics weigh

ECB’s mildly hawkish tone failed to lift euro; July hike timing, geopolitics, and volatility strategies dominate.

12 June 2026
WTI edges higher as US downs Iranian drones near Hormuz, traders brace for oil-price volatility

US forces downed Iranian drones near Strait of Hormuz, raising oil volatility as traders pursue options.

12 June 2026
WTI Holds Near $85 as Trump Iran Peace Talk Hopes Temper Strait of Hormuz Risk Premium

WTI steadied near $85 as Trump-Iran peace hopes clashed with Hormuz disruptions, boosting volatility and options demand.

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