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RBC Capital Markets

June 10, 2026

European Economics And Rates Strategy

Daily UpdateRates Govt BondsEquitiesCommoditiesEnergy

This report provides a daily update on geopolitical tensions involving the US and Iran, alongside economic commentary on US inflation forecasts and Bank of Canada policy expectations.

Key Takeaways

  • 1.US and Iran military tensions escalate following US strikes on missile sites after a US helicopter was downed.
  • 2.The Bank of Canada is expected to keep rates unchanged today with a dovish tone, citing balanced growth and inflation risks.

Table of Contents

  • RBC European Rates & Economics Daily
  • Overnight news
  • Data and events
  • Sales Literature and Market Commentary Disclaimer
  • Disclaimer for Central Bank A.I. Sight™
  • Disclaimer for OTC Derivatives
  • Sales Note Disclosures Under the Market Abuse Regime

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Authors

Peter SchaffrikCathal KennedyMegum MuhicGeorge Moran

Securities

Brent CrudeKOSPI

Themes

Geopolitical ConflictInflationary Pressures

Regions

GlobalAsia PacificUnited StatesIranJapan