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June 22, 2026
(134) The price of West Texas Intermediate crude oil fell 1.1% further overnight to $74.77 per barrel. Iranian and U.S. negotiators reportedly have worked out a plan for conducting their talks over the coming 60 days. British Prime Minister Starmer made it officials that he will be stepping down as leader of the Labour Party. […] More
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
June 19, 2026
In the United States, neither banks nor stock market trading will be open on this federal holiday of Juneteenth, commemorating the end of slavery 161 years ago. Elsewhere, there have been setbacks in the Middle Eastern peace process. The 14-point memorandum of understanding was signed earlier in France, and no talks between Iran and the […] More
Tags: Central Bank of Russia, German PPI, Japanese CPI, National Bank of Moldova
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
June 18, 2026
President Trump signed a memo of understanding with Iran to end the war with Iran, reopen the Strait of Hormuz and allow for a period of 60 days to address Iran’s nuclear program and hammer out remaining disagreements. While this signing is viewed as an important step toward reestablishing the supply of energy and other […] More
Tags: Bank of England, Bank of Norway, Central Bank of Brazil, Eurland current account, Federal Reserve Bank, National Bank of Ukraine, Swiss National Bank
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
June 17, 2026
World financial markets not surprisingly marked time overnight. There has been a disconnection between, on the one hand, a euphoric investment community reaction on Monday and Tuesday to Sunday’s news of an interim deal between Iran and the United States that is supposed to get signed Friday in Geneva and the parade of foreign policy […] More
Tags: British CPI and PPI, Euroland consumer prices, Japanese trade and machinery orders, National Bank of Georgia, Swedish Riksbank
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
June 16, 2026
Much still remains unknown regarding the future evolution of U.S.-Iran talks, but yesterday’s rally in equities and decline of long-term interest rates following the announced interim deal has persisted. Stock markets this Tuesday rose 4.1% in Indonesia, 2.1% in South Korea, 0.9% in Taiwan but just 0.1% in Japan where Bank of Japan officials hiked […] More
Tags: Bank of Japan, Chinese retail sales and industrial production, German and Euroland ZEW expectations, Reserve Bank of Australia, U.S. import prices
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
June 15, 2026
(135) The reported truce, which is to be signed Friday in Switzeraland, primarily addresses the mutually imposed impediments to shipping traffic through the Strait of Hormuz. Typically, President Trump has made assertions that Iran has not confirmed such as the water passageway remaining toll-free. The deal defers agreement on the whole justification for the U.S.-initiated […] More
Tags: Euroland trade balance and industrial production, financial market reaction to U.S.-Iran deal, Swiss PPI, U.S. industrial production and capacity utilizzation
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
June 12, 2026
Not for the first time in the last three months, President Trump has claimed that deal negotiations have made great progress, enough so to call off fresh military strikes against Iran. The multi-point plan reportedly would remove both Iranian and U.S. impediments against shipping traffic through the Strait of Hormuz, unfreeze Iranian financial assets, and […] More
Tags: British industrial production and trade balance, Central Reserve Bank of Peru
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
June 11, 2026
World financial markets were hit by several new developments this Thursday. On balance, equities are up, and 10-year sovereign debt yields are down. But these moves were trimmed after the announced rise in U.S. PPI inflation exceeded expectations. The dollar has not been affected much at all. The latest U.S. military operation against Iran has […] More
Tags: Central Bank of Turkey, European Central Bank, National Bank of Serbia, U.S. producer prices
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
June 10, 2026
Investors are in a risk-off mood this Wednesday. Two-way military strikes by the United States and Iran have followed President Trump’s threat that Iran will now “pay a price” for dragging its feet in diplomatic talks to end the conflict. But the United States is also paying a price. The major U.S. equity indices in […] More
Tags: Chinese CPI and PPI, Japanese PPI and import price inflation, U.S. CPI
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
June 8, 2026
(136) The pulpable spike in market anxiety late last week could have become worse today after Iran and Israel traded missile strikes over the weekend, but Iran just as suddenly announced an end to that operation. U.S. President Trump, as he often does, then expressed optimism that a peace deal may be close. This backdrop […] More
Tags: German industrial orders, Japanese GDP and current account
Posted in New Overnight Developments Abroad - Daily Update | Comments Off on A Quick Escalation Then De-escalation of Middle East Tensions Over the Weekend
