Indian shares are seen opening a tad lower on Thursday as investors react to a hawkish Federal Reserve policy and look forward to the signing of the U.S.-Iran peace agreement, which may rapidly unlock Iranian oil exports, channel funds into its economy and begin a phased rollback of sanctions in exchange for nuclear curbs.
Both the U.S. and Iran have released the full text of a recently finalized memorandum of understanding, which seeks to extend a ceasefire announced in April by another 60 days to allow the two sides to negotiate a final truce.
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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.