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European Shares Seen Drifting Lower As US-Iran Peace Talks Face Uncertainty

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

European stocks look set to open on a sluggish note on Friday, with trading volumes likely to remain thin amid a holiday in the United States in observance of Juneteenth.

Technology stocks may come under selling pressure after Accenture slashed its annual revenue growth forecast, citing a challenging demand environment.

On the geopolitical front, the U.S.-Iran preliminary peace deal took effect and shipping started returning to the Strait of Hormuz after months of disruption as the United States declared an end to its blockade.

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Business News

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.