European indices are starting the morning on a slight buying note today, brushing aside some of the geopolitical risks that emerged over the weekend. The DAX (DE40) is trading at 25,182 points (+0.07%), the French CAC40 (FRA40) is up +0.14% to 8,441, and the broad Eurostoxx50 is rising by +0.22% to 6,325 points. The Italian FTSE MIB (ITA40, +0.11%) and the Swiss SMI (SUI20, +0.22%) are also performing well, suggesting that investors view the reopening of the Strait of Hormuz and the preliminary US–Iran agreement as a clearly positive signal for market sentiment.
Today’s calendar
The first half of the day was relatively quiet. Key releases:
-
03:00 – China: 1-year lending rate (3.00% – in line with the forecast and the previous figure), 5-year lending rate (3.50% – unchanged)
-
09:30 – Poland: Wages, year-on-year, May (forecast 6.0% vs. previous 5.4%), Retail sales, year-on-year, May (forecast 5.3% vs. previous 2.8%)
-
13:00 – Bundesbank President Nagel speaks
-
14:30 – Canada: May CPI y/y (forecast 3.0% vs. previous 2.8%) and CPI m/m (forecast 0.8% vs. previous 0.4%) – key release
-
14:30 – The ECB President speaks
-
15:00 – Fed member Waller speaks
Company results this week
This week, the earnings season is centred on a few key announcements:
-
Tuesday (23 June) – FedEx (consensus EPS: 5.96 vs. previous 6.07; revenue 23.54B vs. previous 22.2B) – results due this evening, highly significant as a barometer of the state of global logistics; Carnival (EPS 0.46 vs. 0.35)
-
Wednesday (24 June) – Micron Technology ⭐ – a key result for the entire chip sector (consensus EPS 10.81 vs. 1.91 a year ago; revenue 22.51B vs. 9.3B) – results due this evening
-
Thursday (25 June) – Darden Restaurants, SYNNEX, McCormick, Acuity Brands – all pre-market
The greatest potential volatility is expected for Micron on Wednesday – its results could have a significant impact on the entire semiconductor sector against the backdrop of the AI boom.
Market Wrap: Markets Dampen Early Optimism; Political Shock in the UK💥
Oil loses again, despite turmoil around Hormuz
Morning Wrap: Fragile, but still. Investors are confident that U.S.-Iran talks are making progress⏰
Daily Summary: End of an Extremely Intense Week (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.
