- Oil gains 1% after US-Iran escalation
- US100 loses 0.2%, DE40 0.22% before European cash session opens
- Donald Trump's meeting with national security team is set to begin around 13:30 EST
The main topic of the weekend, and thus the beginning of Monday's session, is the US attack on Iran's nuclear facilities and Iran's threats to close the Strait of Hormuz. Although this information initially caused considerable uncertainty (falls in futures contracts for Wall Street indices) and a dynamic jump in oil prices, at this point these movements have been almost completely reversed.
In addition to geopolitics, the main topic of Monday's session will be PMI data for June from the world's major economies and numerous speeches by central bankers.
Detailed macro calendar:
*Donald Trump's meeting with national security team is set to begin around 13:30 EST
Source: xStation
Daily summary: Weak US data drags markets down, precious metals under pressure again!
US Open: Wall Street rises despite weak retail sales
Coca-Cola Earnings: Will the New CEO Withstand the Pressure?
BREAKING: US RETAIL SALES BELOW EXPECTATIONS
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
