- Friday’s session is marked by mixed sentiment and limited volatility. In the European session, the balance between demand and supply tilts slightly in favor of sellers. SPA35 futures are down nearly 1%; W20, FRA40, and SUI20 are also lower. The top gainer is DE40, up 0.5%.
- Infineon Technologies won two patent disputes against InnoScience; the stock is up about 1.5%.
- Renault bought a 65% stake in “Flexis,” a company specializing in last-mile logistics; the shares are up 3%.
- The U.S. Department of Commerce warned Europe’s ASML that it suspects China may have one of the machines capable of extreme ultraviolet (EUV) lithography. Company representatives strongly denied this; the stock is down about 1%.
- The talks scheduled for Friday between the U.S. and Iran, which were to take place in Geneva, have been canceled. Iran’s delegation said it is waiting for real signals that a peace agreement is being implemented before engaging in another round of negotiations. Concerns about the durability of peace are also fueled by a series of clashes in Lebanon. The broader market, however, remains optimistic about a conclusion to the conflict.
- U.S. markets will be closed on Friday due to a holiday.
- The release of economic data is limited, but Japan’s inflation data and the UK retail sales figures stand out.
- Retail sales in the UK rose to 3.2% y/y, well above expectations of 1.8%.
- Higher volatility relative to equity indices can be observed in the FX market.
- Supported by strong economic data, the British pound is rising, strengthening by 0.2%–0.5% against major currency pairs.
- The hawkish stance of the new Fed chair supports the dollar, which is at multi-month highs.
- Commodity markets are relatively calm.
- Oil remains around $79 per barrel.
- Among metals, precious metals are losing the most, continuing a trend driven by expectations of higher interest rates for longer.
- A hawkish Fed is also pressuring cryptocurrency valuations; moderate declines can be seen across most tokens. Major cryptocurrencies are down about 0.5%.
Will Massive AI Investments Bring Dark Clouds Over Wall Street?
🚩 Gold loses 1.5% as Goldman Sachs cuts its 2026 bullion price target
Chart of the day: GBPCHF snaps back on retail sales recovery 🇬🇧 📈 (19.06.2026)
Economic Calendar: Liquidity Overshadowed by Juneteenth (19.06.2026)
The material on this page does not constitute as financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other particular needs.
All the information provided, including opinions, market research, mathematical results and technical analyses published on the website or transmitted to you by other means is provided for information purposes only and should in no event be interpreted as an offer of, or solicitation for, a transaction in any financial instrument, nor should the information provided be construed as advice of legal or fiscal nature.
Any investment decisions you make shall be based exclusively on your level of understanding, investment objectives, financial situation or any other particular needs. Any decision to act on information published on the website or transmitted to you by other means is entirely at your own risk. You are solely responsible for such decisions.
If you are in doubt or are not sure that you understand a particular product, instrument, service, or transaction, you should seek professional or legal advice before trading.
Investing in OTC Derivatives carries a high degree of risk, as they are leveraged based products and often small movements in the market could lead to much larger movements in the value of your investment and this could work against you or for you. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.
