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European Central Bank: Gradual rate hike path, cuts next year – Commerzbank
Commerzbank’s Rainer Guntermann says a 25bp ECB hike on Thursday is almost certain and fully priced, marking the first increase since September 2023. He expects no back-to-back move in July, viewing that as premature, but looks for another hike in September.Fxstreet
Mon, Jun 8
Iran holds US responsible for recent ceasefire breaches
According to an Iran's foreign ministry spokesperson, Esmail Baghaei, the United States (US) is responsible for the recent ceasefire breaches. “The actions of the Zionist entity within the region cannot be looked at in isolation from the United States, Baghaei said.Fxstreet
Mon, Jun 8
Equities: Tech-led selloff seen as normal correction – Danske Bank
Danske Research Team describes Friday’s equity selloff as heavily concentrated in US semiconductor and large-cap tech names after a roughly 50% two‑month rally. The bank argues the move was not primarily driven by Iran headlines or US jobs data.
Fxstreet
Mon, Jun 8
Iran-backed Houthis launch attacks on Israel, banning Israeli shipping in Red sea
Iran-backed Houthis confirm that have launched attacks on Israel as group and 'bans' Israeli shipping in Red Sea. Meanwhile, the Israeli military has said that the new barrage of missiles is incoming from Iran, leading to fears of a resumption of an all-out war in the Middle East.Fxstreet
Mon, Jun 8
Israeli military intercepts missile launched from Yemen
During the Asian trade on Monday, the Israeli military stated a missile had been launched from Yemen towards Israeli territory, which has been intercepted by its aerial defense systems, The Guardian reported. Air raid sirens sound in Tel Aviv, following the attack from Yemen.Fxstreet
Mon, Jun 8
New Zealand Dollar rebounds to near 0.5800 amid easing risk aversion
NZD/USD gains ground after registering over 1% losses in the previous day, trading around 0.5810 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) edges lower on easing risk aversion after US President Donald Trump criticized Israel's strikes on Beirut.
Fxstreet
Mon, Jun 8
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