Global markets are rallying on expectations of an imminent US-Iran deal, impacting oil prices and risk assets. Meanwhile, investors are bracing for the upcoming FOMC meeting and monitoring US consumer sentiment data.
Key Takeaways
- 1.Market sentiment is currently dominated by reports of a pending US-Iran agreement concerning the Strait of Hormuz.
- 2.US consumer sentiment in June showed improvement, and long-term inflation expectations have moderated.
- 3.The upcoming FOMC meeting is a central focus for markets, with expectations of a shift in communication under the new chair.
Table of Contents
- Highlights
- Data and events today
- Financial markets
- Global markets overview
- Key data and events
- Key themes and views
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Authors
Sharon ZollnerHenry Russell
Securities
S&P 500WTI Oil Future
Themes
Geopolitical riskCentral bank policy normalization
Regions
GlobalUnited StatesNew ZealandIran