European markets have opened firmly higher, picking up the baton from an Asian session that saw the Nikkei hit a record 69,298 (+5.1%) on co
European markets opened sharply higher on 15 June as the global “peace dividend” trade extended into London and continental Europe following confirmation of the US–Iran peace framework ahead of the 19 June Bern signing. The FTSE 100 climbed to 10,483.05, supported by strong gains in banks and mining stocks, while silver remained elevated near $70.72 and German 10-year Bund yields eased back to 3.00%. EUR/USD strengthened to 1.1609 as broad dollar weakness supported risk assets despite the ECB’s recent rate hike to 2.25%. Investors now shift focus toward a pivotal central bank week featuring BoJ, RBA and FOMC decisions that could determine whether the current risk-on momentum continues.
Read the full analysis on: Capital Street FX - Forex and CFD Market Analysis
