National Bank of Canada’s (NBC) Warren Lovely, Stéfane Marion and Matthieu Arseneau argue that the Bank of Canada (BoC) should add an explicit unemployment rate forecast to its quarterly Monetary Policy Report.

Societe Generale strategists argue that the negative 1Q Gross Domestic Product (GDP) print mainly reflects Irish volatility rather than broad weakness, with ex‑Ireland growth at 0.3% qoq and stronger PMI and French industrial data.

Brown Brothers Harriman’s Elias Haddad (BBH) notes that May Consumer Price Index (CPI) in Norway could be pivotal, with a hot print potentially bringing forward another Norges Bank hike after its surprise May move.

MUFG’s Michael Wan analyses new Reserve Bank of India and government measures that could generate around US$40bn of inflows and partially plug India’s FY2026/27 balance of payments gap.

TD Securities economists Robert Both and Emma Lawrence expect the Bank of Canada (BoC) to keep the overnight rate at 2.25% at the June meeting and through 2026, despite softer Canadian data.

ING economists Peter Virovacz and Zoltán Homolya highlight that the Hungarian Forint (HUF) has sharply appreciated, with investors now treating Hungary as a quasi-eurozone economy.

UOB’s Alvin Liew notes that stronger-than-expected US payrolls and higher Oil prices have sharply reduced expectations for Federal Reserve rate cuts in 2026.

Societe Generale’s United Kingdom (UK) economists highlight political uncertainty around Andy Burnham’s potential Labour leadership challenge and its policy implications, but still expect limited radical change.

BNY’s Bob Savage flags that Euro area Sentix sentiment remains in downturn territory, with Germany still classified in recession despite modest improvement. German manufacturing orders fell sharply in April, driven by autos and machinery, even as sales showed some resilience.

TD Securities economists Oscar Munoz and Eli Nir expect May US CPI to show moderating but still-elevated core inflation, with core CPI seen rising 0.23% m/m and 2.8% y/y, while headline CPI is expected to climb to 4.2% y/y.

DBS Group Research notes that the Reserve Bank of India and government unveiled coordinated steps to attract foreign capital and support India’s external position.

According to Fars News, Iran's armed forces have announced an end to military operations against Israel. However, they have warned of harsher attacks if Israel resumes attacks on Lebanon. While there has been no confirmation from other media outlets.

The Canadian Dollar (CAD) trades lower against its major currency peers in the European trade on Monday amid caution surrounding the Bank of Canada’s monetary policy announcement on Wednesday.

Brown Brothers Harriman’s Elias Haddad (BBH) anticipates the European Central Bank (ECB) will end its pause with a 25 bps hike to 2.25% as core and services inflation run above forecasts.

In the European trading session, United States (US) President Donald Trump has expressed confidence that both Israel and Iran are looking for a ceasefire, through a post on Truth Social, while maintaining the stance that the US blockade on Iranian seaports will remain intact until a final deal with

United States (US) President Donald urges Iran and Israel to pause the exchange of attacks, through a post on Truth Social, during the European trading session on Monday.

ING’s Chris Turner expects the Bank of England (BoE) to avoid tightening this year, with only modest rate hikes priced by markets.

Commerzbank’s Charlie Lay highlights that the Reserve Bank of India kept its policy rate at 5.25% and signalled a preference to bolster the Rupee via capital inflow measures rather than tightening.

BNY’s Bob Savage notes that an European Central Bank (ECB) rate hike is widely expected, but guidance on future moves and growth risks will be crucial for EUR/USD.

EUR/CAD inches higher after registering over 0.5% losses in the previous day, trading around 1.6070 during the European hours on Monday. The currency cross gains some ground as the commodity-linked Canadian Dollar (CAD) struggles despite higher oil prices.

According to the Fars news agency, Iran’s Revolutionary Guards Corps (IRGC) has confirmed attacking a petrochemical site in northern Israeli city of Haifa, in retaliation for Israel’s attack on a similar plant in Iran, The Guardian reported.

The Indian Rupee (INR) is receiving a notable boost following the Reserve Bank of India's (RBI) monetary policy meeting on Friday, when policymakers unanimously decided to hold the benchmark repo rate steady at 5.25%.

Eurozone’s Sentix Investor Confidence data, a key indicator of Investor morale, improves to -13.4 in June from -16.4 in May.

Philip Wee at DBS Group Research highlights that Kevin Warsh’s first meeting as Fed Chair will be critical for perceptions of Federal Reserve independence. Warsh must reconcile President Trump’s push for rate cuts with a more data-dependent, hawkish FOMC.

Commerzbank’s Rainer Guntermann says a 25bp ECB hike on Thursday is almost certain and fully priced, marking the first increase since September 2023. He expects no back-to-back move in July, viewing that as premature, but looks for another hike in September.

TradingKey - From June 16 to 17 ET, the Federal Reserve will hold its interest rate meeting; the market widely expects rates to remain unchanged, though officials may collectively strike a hawkish ton

TradingKey - Following the severe volatility of last Friday's "Black Friday," Wall Street is waiting with bated breath for the release of U.S. May Consumer Price Index (CPI) data this Wednesday. Trade

OCBC reports that the Reserve Bank of India kept its policy rate at 5.25% but unveiled targeted capital flow measures, including concessional FX swaps and tax exemptions for foreign investors in government bonds.

According to an Iran's foreign ministry spokesperson, Esmail Baghaei, the United States (US) is responsible for the recent ceasefire breaches. “The actions of the Zionist entity within the region cannot be looked at in isolation from the United States, Baghaei said.

Danske Research Team describes Friday’s equity selloff as heavily concentrated in US semiconductor and large-cap tech names after a roughly 50% two‑month rally. The bank argues the move was not primarily driven by Iran headlines or US jobs data.