The United Kingdom (UK), France, Germany and Italy said that the countries were prepared to lift sanctions on Iran in response to steps on its nuclear program after the United States (US) and Iran reached a deal to end their conflict, Reuters reported on Sunday.
On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8088 compared to the previous day's fix of 6.8109 and 6.7544 Reuters estimate.
GBP/USD gains ground after registering minor losses in the previous day, trading around 1.3450 during the Asian hours on Monday.
Pakistan Prime Minister Shehbaz Sharif said that the United States (US) and Iran have agreed on a deal to bring their nearly four-month war to an end, with both sides declaring the immediate and permanent termination of military operations on all fronts, including in Lebanon, Bloomberg reported on S
TradingKey - O Federal Reserve está programado para realizar sua reunião do FOMC de 16 a 17 de junho, horário do leste, e divulgará sua decisão sobre a taxa de juros e projeções econômicas atualizadas
A senior administration official crossed the wires, revealing that the Iran deal guaranteed long-term peace in the region. The agreement would achieve core US objectives and reopen the Strait of Hormuz.
Deutsche Bank’s Sanjay Raja says the UK economy is tracking close to the Bank of England’s Scenario A, with stronger‑than‑expected early‑2026 GDP but a cooling labour market and easing price pressures.
Brown Brothers Harriman’s Elias Haddad highlights strong South Korean asset performance, with South Korean Won (KRW) outperforming and the KOSPI up sharply on AI-led semiconductor strength.
Societe Generale notes that Chinese inflation remains subdued, with May Consumer Price Index (CPI) at 1.2% and core at 1.1%, while PPI has risen to a four-year high, suggesting weak consumer demand and margin pressure.
A Reuters poll found that the Bank of England is projected to keep the Bank Rate at 3.75% at the June 18 meeting, based on a survey of 65 economists.
Scotiabank strategists Shaun Osborne and Eric Theoret note that the British Pound (GBP) is consolidating recent gains around 1.3400, with domestic risk elevated ahead of next week’s CPI, labour data and the Bank of England decision.
ING’s Frantisek Taborsky notes that headlines on a possible end to the US-Iran conflict triggered a risk-on move, helping Central and Eastern European currencies erase recent losses.
Nomura’s European Economics team, led by Andrzej Szczepaniak and colleagues, notes that the ECB delivered a 25bp hike to a 2.25% depo rate and unveiled more hawkish forecasts.
TD Securities economists expect the Bank of England (BoE) to keep Bank Rate at 3.75% with a 7-2 vote as Greene joins Pill in calling for a hike. They highlight persistent inflation pressures, upside risks from energy and airfare, and softer demand.