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Crude oil markets have stabilized following US President Donald Trump's announcement of a ceasefire between Israel and Iran, easing fears of a broader regional conflict.
A busy week is on the horizon for global markets as geopolitical tensions continue.
The week ending June 20 showed a mixed global economy as central banks adjusted policies amid changing inflation and varying regional growth trends.
In a week marked by key monetary policy decisions, major central banks are taking varied approaches in response to shifting inflation and growth dynamics.
GBPUSD continues to trade within a technically supportive environment, underpinned by favorable momentum indicators and medium-term bullish patterns.
EURUSD holds above key levels; with central banks cautious, markets stay alert to price signals and upcoming data releases.
High-impact events this week from the U.S., New Zealand, Australia, Switzerland, and the UK may spark fresh market volatility.
Investor sentiment shifts as US consumer confidence surges in June, the biggest jump since early 2024, amid easing inflation and optimism.