Markets

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.

12 June 2026
Gold firms near $4,240 as Trump halts Iran strike plans, focus shifts to Fed outlook

Gold steadies near $4,240 as Trump pauses Iran strike plans; Fed policy, yields, and central-bank buying.

12 June 2026
GBP/JPY Holds Near 215 as BoE Hawkishness Meets Japan Intervention Fears and Trump-Led Risk Turnaround

GBP/JPY trades sideways as UK inflation supports sterling, but Japanese intervention risks cap gains; key levels watched.

12 June 2026
New Zealand manufacturing PMI slips into contraction, prompting dovish RBNZ outlook and NZ dollar pressure

New Zealand manufacturing PMI fell to 49.9, signaling contraction, boosting dovish RBNZ bets, NZD weakness expectations.

12 June 2026
Gold rebounds as Trump flags near US-Iran deal, dollar slips; traders eye key resistance

Gold rebounds as Trump hints US-Iran deal, dollar slips; analysts view rally as temporary, favor bearish trades.

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