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european commentary

  • Swiss Market Ends On Strong Note June 12, 2026 13:55 ET

    The Switzerland market closed notably higher on Friday after holding firm throughout the trading session, in line with markets across Europe and elsewhere, amid rising optimism the U.S. and Iran will strike a deal soon.

  • European Stocks Post Strong Gains On US-Iran Peace Deal Hopes June 12, 2026 13:13 ET

    European stocks closed on a strong note on Friday, buoyed by hopes Iran and the U.S. will reach a peace agreement sometime soon, following U.S. President Donald Trump calling off his planned attacks on Iran yesterday. Enthusiasm surrounding the SpaceX IPO and its market debut, and a sharp drop in oil prices helped as well in lifting the sentiment.

  • FTSE 100 Extends Recent Gains, Up Nearly 1% June 12, 2026 06:35 ET

    The UK stock market's FTSE 100 climbed higher on Friday, extending gains to a third straight session, amid rising optimism about Iran and the U.S. reaching a peace deal. Sharply lower oil prices helped as well in lifting the sentiment.

  • CAC 40 Rises 2.3% As US-Iran Peace Deal Hopes Lift Sentiment June 12, 2026 05:54 ET

    The French stock market's benchmark index CAC 40 jumped more than 2.3% Friday morning with investors going on a buying spree amid rising hopes of a U.S.-Iran peace deal following U.S. President Donald Trump calling off previously planned attacks on Iran. Oil's sharp drop contributed as well to the upbeat mood in the market.

  • DAX Up 2% As Stocks Rally On US-Iran Peace Deal Hopes June 12, 2026 05:33 ET

    German stocks moved up sharply Friday morning, hoisting the benchmark DAX up by over 2%, as investors indulged in hectic buying across the board after oil prices tumbled and concerns about Middle East tensions eased following U.S. President Donald Trump calling off his planned attacks on Iran.

  • European Shares Rally On US-Iran Peace Deal Hopes June 12, 2026 05:16 ET

    European stocks traded sharply higher on Friday while oil prices fell more than 2 percent after U.S. President Donald Trump said a "great settlement" to end the conflict with Iran has been reached, and that a signing ceremony could take place in Europe as early as this weekend. Tehran, however, said...

  • European Shares Poised For Firm Start On Iran Peace Deal Hopes June 12, 2026 01:43 ET

    European stocks may open on a firm note on Friday after U.S. President Donald Trump cancelled a third consecutive day of strikes on Iran, claiming that a peace deal with Tehran is close to being finalized. Trump said an agreement to end the war with Iran had been reached and would be signed shortly,...

  • Swiss Market Ends On Firm Note June 11, 2026 13:56 ET

    Save for a very brief while at the start of the session, the Switzerland stock market stayed positive on Thursday thanks to sustained buying at several frontline counters.

  • European Stocks Close Broadly Higher June 11, 2026 13:37 ET

    European stocks closed broadly higher on Thursday with investors closely following the news from the Middle East front and reacting to the European Central Bank's rate hike announcement.

  • FTSE 100 Moves Higher As Banks, Miners Post Solid Gains June 11, 2026 06:38 ET

    Despite lingering concerns about tensions in the Middle East, the UK stock market moved firmly higher Thursday morning, riding on gains in mining and financial sectors.

  • CAC 40 Climbs Higher Ahead Of ECB Rate Decision June 11, 2026 06:04 ET

    The French stock market's benchmark index CAC 40 climbed higher on Thursday, recovering from previous session's losses, with investors looking ahead to the European Central Bank's policy announcement due later in the day.

  • DAX Up Marginally In Cautious Trade June 11, 2026 05:49 ET

    German stocks turned in a mixed performance Thursday morning with investors following news from the Middle East and looking ahead to the European Central Bank's monetary policy announcement, due later in the day.

  • European Shares Edge Higher In Cautious Trade; ECB Rate Decision Eyed June 11, 2026 05:23 ET

    European stocks edged higher on Thursday as investors kept a close eye on escalating Middle East tensions and awaited the European Central Bank's (ECB) rate decision for direction. To address rising inflationary pressures, the ECB is likely to raise its deposit facility rate by 25 bps to 2.25 percent...

  • Swiss Market Ends On Firm Note June 10, 2026 13:38 ET

    After staying fairly well above the flat line till about an hour past noon, the Switzerland market briefly fell into negative territory on Wednesday but recovered swiftly and held firm to eventually end the day's session on a strong note.

  • European Stocks Close Broadly Lower As Middle East Tensions Weigh June 10, 2026 13:21 ET

    European stocks closed broadly lower on Wednesday amid lingering concerns about Middle East tensions and continued weakness in the technology sector. Also, investors digested U.S. inflation data that came in line with expectations and looked ahead to the European Central Bank's policy announcement on Thursday.

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.