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The South Korean KOSPI index fell by 2.00% during the day.
2026-06-26
The South Korean KOSPI index fell by 2.00% during the day.
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2026-06-26
Brent crude fell 2.00% intraday to $73.67/bbl. WTI slid back below $70/bbl, down 1.87% on the day.
Brent crude fell 2.00% intraday to $73.67/bbl. WTI slid back below $70/bbl, down 1.87% on the day.
2026-06-26
Falling oil prices have reduced the risk of persistent inflation and prompted traders to pare ECB tightening bets; since April markets have, for the first time, stopped fully pricing a 25bp ECB hike by end-2026. Two weeks ago, ahead of the ECB liftin
Falling oil prices have reduced the risk of persistent inflation and prompted traders to pare ECB tightening bets; since April markets have, for the first time, stopped fully pricing a 25bp ECB hike by end-2026. Two weeks ago, ahead of the ECB lifting the deposit rate to 2.25%, the 25bp move had been fully priced. Two-year euro-area inflation swaps have fallen from above 3% in April to below 2.2%. Mizuho multi-asset strategist Evelyne Gomez-Liechti said market testing of hike expectations is reasonable, though some ECB officials remain cautious and have not ruled out further tightening. Economists say if next week’s euro-area inflation prints meet forecasts, June YoY headline inflation would ease to about 3.1% from May’s 3.2%, further reducing pressure on policymakers.
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