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Oil prices plunged 3.5% following details of a potential US-Iran deal, boosting risk appetite in European and US markets. Meanwhile, European inflation accelerated in May, keeping ECB policy options …
The EURUSD steadied near multi-month lows around $1.15 as escalating Middle East conflicts pushed oil prices higher, stoking inflation fears. While Eurozone inflation surged to 3.2%, raising ECB rate…
Eurozone inflation rises due to oil shocks amid Middle East tensions. Dollar weakens but may face volatility as Japan intervenes. Global markets rebound on de-escalation hopes despite large monthly l…
Global equities rose on hopes of a Middle East conflict de-escalation despite a turbulent month marked by rising oil prices and inflation fears. Eurozone inflation exceeded ECB targets amid energy sh…
EURUSD falls to near mid-March lows amid Middle East tensions and rising Eurozone inflation, leading markets to expect multiple ECB rate hikes in 2026.
EURUSD weakens amid Middle East conflict and US dollar safe-haven demand despite stronger Eurozone inflation data and risks of ECB hawkish shift due to rising energy costs.