Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation 
Goldman Sachs Cuts 2026 Copper Price Forecast Amid Global Growth Concerns 
Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes 
U.S. Strikes on Iran Draw War Crimes Warnings from International Law Scholars 
Citigroup Delays Fed Rate Cut Forecast Amid Strong Jobs Data and Inflation Concerns 
Trump's Iran War Speech Sparks Market Anxiety Over Extended Conflict 
Gold Loses Shine as Crude Oil Surges: Safe-Haven Metal Retreats Toward USD 4,500 Support 
Strait of Hormuz Disruption Sparks Global Oil Supply Fears 
Lot of economic dockets to be released today, however the risks associated with the releases are low.
Upcoming -
- Spain - Retail sales figure for May and preliminary reading on HICP inflation for June to be declared at 7:00 GMT.
- UK - Bank of England (BOE) will release credit and money supply details at 8:30 GMT. GFK consumer confidence to be released at 23:00 GMT.
- Euro zone - Several confidence dockets like consumer confidence, industrial confidence to be released at 9:00 GMT.
- Portugal - Consumer and business confidence to be released today.
- Germany - Preliminary Inflation data to be released for June at 12:00 GMT.
- Canada - Industrial product price and raw material price index to be released at 12:30 GMT.
- US - Pending home sales to be released at 14:00 GMT, followed by Dallas FED manufacturing index at 14:30 GMT.
- New Zealand - Building permits to be released at 22:45 GMT for the month of May.
