Posted at 11 June 2026 / Categories Market Roundups
Market Roundup
• German Current Account Balance n.s.a (Apr): 13.8B, 24.5B previous.
• EU Deposit Facility Rate (Jun): 2.25%, 2.25% forecast, 2.00% previous.
• EU ECB Interest Rate Decision (Jun): 2.40%, 2.40% forecast, 2.15% previous.
• EU ECB Marginal Lending Facility (Jun): 2.65%, 2.40% previous.
• US PPI (MoM) (May): 1.1%, 0.7% forecast, 1.1% previous.
• US Initial Jobless Claims: 229K, 220K forecast, 225K previous.
• Canada Building Permits (MoM) (Apr): -7.6%, -3.7% forecast, 10.5% previous.
• US Core PPI (MoM) (May): 0.4%, 0.5% forecast, 0.7% previous.
• US Continuing Jobless Claims: 1,795K, 1,780K forecast, 1,771K previous.
• US Core PPI (YoY) (May): 4.9%, 5.4% forecast, 4.9% previous.
• US PPI ex. Food/Energy/Transport (MoM) (May): 0.8%, 0.5% previous.
• US PPI (YoY) (May): 6.5%, 6.4% forecast, 5.7% previous.
• US PPI ex. Food/Energy/Transport (YoY) (May): 5.1%, 4.4% previous.
• US Jobless Claims 4-Week Avg.: 219.00K, 214.75K previous.
Looking Ahead Economic Data (GMT)
• 16:30 US 4-Week Bill Auction: 3.615% previous.
• 16:30 US 8-Week Bill Auction: 3.610% previous.
Looking Ahead Events And Other Releases (GMT
•No Events Ahead
Currency Summaries
EUR/USD : The euro dipped against dollar on Thursday after the European Central Bank raised interest rates for the first time in nearly three years. The European Central Bank raised interest rates as expected on Thursday, hoping to prevent an Iran war-induced surge in energy prices from broadening ?out into higher inflation.Surging costs for oil and gas helped push inflation across the 21-nation euro zone above 3% last month, far exceeding the ECB's 2% target, and further increases are almost certain as the conflict lasts longer than most ?had predicted.That is why the ECB has long signalled Thursday's rate hike, ?making clear to firms and households it would not tolerate ?a rise in longer-term price expectations.The rate hike came ?as the ECB raised its 2026 inflation projection to 3.0% this year ?from 2.6% seen in March, and lifted the 2027 outlook to 2.3% from 2.0%.Immediate resistance can be seen at 1.1633(SMA20), an upside break can trigger rise towards 1.1673(50%fib).On the downside, immediate support is seen at 1.1505(61.8%fib), a break below could take the pair towards 1.1481(Lower BB).
GBP/USD: Sterling dipped against dollar on Thursday as renewed conflict between the U.S. and Iran over the past two days has supported safe-haven flows into the dollar, weighing on risk-sensitive currencies like sterlin.The currency markets have been muted this week, with a renewed cycle of tit-for-tat strikes between the U.S. and Iran eroding hopes for a near-term peace agreement in the Middle East.The United States began a fresh round of strikes overnight in Iran as President Donald Trump vowed even more attacks if no peace deal is secured. The latest escalation kept markets jittery, pushing oil prices higher . Meanwhile, broader market focus is now shifting toward upcoming UK macro data, particularly Friday’s April GDP release, which will be closely watched for signals on domestic economic momentum and its implications for Bank of England policy expectations .Immediate resistance can be seen at 1.3463(SMA 20), an upside break can trigger rise towards 1.3526(50%fib).On the downside, immediate support is seen at 1.3317(50%fib), a break below could take the pair towards1.3265(Lower BB).
AUD/USD: Australian dollar dipped against dollar on Thursday as renewed U.S.- Iran tensions curbed risk appetite. Geopolitical tensions intensified further following reports of explosions across Iran after U.S. officials signaled strikes on several key facilities, prompting investors to adopt a more cautious stance.Oil prices surged after Iran reiterated threats to close the Strait of Hormuz, a vital global energy shipping route.Market participants are awaiting U.S. economic data later on Thursday, including weekly initial jobless claims, expected at 219,000, and the May Producer Price Index report, both of which could influence expectations for Federal Reserve policy. In Australia, interest rate expectations remain firmly anchored, with futures markets assigning a 99% probability that the Reserve Bank of Australia will leave its cash rate unchanged at next Tuesday's policy meeting. Immediate resistance can be seen at 0.7170(38.2%fib), an upside break can trigger rise towards 0.7189(SMA 20).On the downside, immediate support is seen at 0.7027(50%fib), a break below could take the pair towards 0.7000(50%fib).
USD/JPY: The dollar consolidated gains on Thursday as ongoing Middle East tensions continued to weigh on the yen.Despite the gradual grind higher, Japanese authorities have so far refrained from intervening in the FX market, suggesting a continued wait-and-see approach.Market participants note that the Ministry of Finance (MOF) may still be conserving intervention capacity, potentially coordinating any future action with the Bank of Japan to maximise impact.On monetary policy expectations, a 25-basis-point hike by the BOJ is already largely priced in, but markets are increasingly focused on whether policymakers could deliver a larger move or signal additional tightening in July.Speculation is also building around Governor Kazuo Ueda’s absence from key discussions, adding uncertainty and fueling market chatter about internal policy dynamics. Immediate resistance can be seen at 160.85(23.6%fib) an upside break can trigger rise towards 161.06(Higher BB) .On the downside, immediate support is seen at 159.68(SMA 20) a break below could take the pair towards 159.00(Psychological level).
Equities Recap
The STOXX 600 ?index pared gains on Thursday after the European Central Bank raised interest rates for the first time in nearly three years and as U.S. President Donald Trump said tensions were likely to escalate in the Middle East.
UK's benchmark FTSE 100 was last trading up at 0.83percent, Germany's Dax was up by 0.12 percent, France’s CAC was up by 0.72 percent.
Commodities Recap
Gold prices were steady after hitting a six-month low on Thursday as weak U.S. jobs data offset strong inflation readings and expectations of higher rates ahead of next week’s Fed meeting.
Spot gold was steady at $4,076.88 per ounce at 9:17 a.m. ?ET (1317 GMT), after hitting its lowest point since November 21 earlier in the ?session.
Oil prices were largely flat on Thursday as markets weighed supply risks from the Middle East war after President Trump warned the U.S. would strike Iran “very hard tonight.”
Brent futures were ?down 12 cents, or 0.1%, to $92.98 a barrel by 1303 GMT, while U.S. West Texas Intermediate (WTI) crude gained 7 ?cents, or 0.1%, to $90.10.