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.
June 15, 2026 08:42 ETUK house prices posted their worst June performance in 14 years as competition to attract buyers remained fierce among sellers, the property website Rightmove said Monday. Average property prices declined 0.6 percent from May, which was the biggest June fall in fourteen years. This followed a 1.2 percent rise in May. On a yearly basis, house prices dropped 0.5 percent.
June 15, 2026 06:48 ETGlobal markets rallied as the U.S. and Iran agreed to a preliminary peace deal to end the fighting and to restore shipping through the Strait of Hormuz.
June 15, 2026 05:35 ETGold prices rose sharply to hover near a one-week high on Monday after U.S. President Donald Trump announced a tentative peace deal with Iran, helping ease investor concerns about inflationary pressures and lessening the need for interest-rate hikes. Signing ceremony is set for Friday in Switzerland...
June 15, 2026 08:21 ETCrypto markets extended gains as the interim peace deal between the U.S. and Iran eased global risk aversion, triggered short squeeze and boosted overall market sentiment.