Iranian tankers pass through the Strait of Hormuz as the US lifts its naval blockade Trump says Iran deal should be successful, reiterates Iran will never have nuclear weapon Iran outlines that nuclear talks will include enrichment, stockpile, and its nuclear needs German…
onomic sentiment picks up in June as US-Iran conflict simmers down Oil prices extend losses and target pre-war levels amid expectations of Hormuz reopening Italy inflation confirmed to have nudged up in May Gold avoids a complete breakdown on surprising US-Iran breakthrough as focus turns to FOMC BOJ deputy governor Uchida says that Ueda absence not a big impact on decision today BOJ deputy governor Uchida says will continue to raise policy rate if conditions align What are the main events for today? Japan finance minister says won’t comment on BOJ decision until after press conference RBA governor Bullock: I want to be clear that inflation remains too high Intervention risks abound as the Japanese yen can’t get off the floor FX option expiries for 16 June 10am New York cut RBA leaves cash rate unchanged at 4.35% in June monetary policy meeting, as expected The most important news in the European session was reports of Iranian tankers successfully passing through the Strait of Hormuz following the US decision to lift its naval blockade, marking the clearest sign yet that the US-Iran memorandum of understanding is translating into practical implementation
The Reserve Bank of Australia (RBA) left its cash rate unchanged at 4.35%, in line with market expectations, pausing after three consecutive rate hikes earlier in 2026. Policymakers opted to hold rates steady to assess the delayed impact of previous tightening on consumer demand, housing, and inflation. The RBA made clear that monetary policy remains restrictive and data-dependent.
RBA Governor Bullock acknowledged slower growth and pressure on households but emphasized that underlying inflation remains above target and that higher fuel costs