Hike and seek
Published: June 11, 2026
Duration: 7:56
The ECB is widely expected to raise rates on Thursday with two more are already priced in for the year. Meanwhile, a fragile calm returns after U.S.-Iran military exchanges shook markets overnight, and Oracle falls 10% after results highlight a heavy debt load.
Today’s recommended read: 'Global euro' needs more joint debt to pass muster, Mike Dolan
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Read more from Amanda Cooper and Anna Szymanski
Produced by Eliza Davis Beard and Abisoye Adelusi