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European Shares Seen Lower As US, Iran Trade Threats To Destroy Infrastructure

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

European stocks may slump at open on Monday as investors watch the latest developments in the Middle East war and assess the potential impact of elevated energy prices on inflation and growth.

Investors remain wary of an escalation in the conflict after U.S. President Donald Trump threatened to "hit and obliterate" Iran's power plants if Tehran does not reopen the Strait of Hormuz— a vital artery for global energy flows — within 48 hours.

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Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.