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Market news: Trump is about to deliver a speech.
2026-06-27
Market news: Trump is about to deliver a speech.
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2026-06-26
SEB chief strategist Jussi Hiljanen said in a note the rally in German government bonds may be near its end after the 10-year bund yield fell to about a multi-month low of 2.85%. He said a sustained move below 2.80% would require a clear dovish shift
SEB chief strategist Jussi Hiljanen said in a note the rally in German government bonds may be near its end after the 10-year bund yield fell to about a multi-month low of 2.85%. He said a sustained move below 2.80% would require a clear dovish shift in the ECB policy outlook, which he judges prematurely. SEB expects the 10-year bund yield to recover to 2.90–3.00% ahead of the ECB meeting on July 23. Hiljanen added the longer-term trajectory will largely depend on whether markets begin to price further policy-rate cuts in 2027.
2026-06-26
The Financial Times reports the EU plans to impose a 15% export tax on aluminum scrap, expected to take effect on Sept. 9. The levy, reportedly Brussels' first charge on outbound goods, is designed to curb scrap shipments to the US and Asia and to pr
The Financial Times reports the EU plans to impose a 15% export tax on aluminum scrap, expected to take effect on Sept. 9. The levy, reportedly Brussels' first charge on outbound goods, is designed to curb scrap shipments to the US and Asia and to protect EU producers. European smelters say overseas refiners have been buying European scrap at higher prices, melting it into new metal and exporting it back to the bloc, putting domestic firms at a competitive disadvantage. European Aluminum director-general Paul Voss said Europe’s industry should be able to compete on a level playing field.
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