Overview

• A truce brokered by President Trump between Iran and Israel has remained in effect since June 24, and the White House announced the resumption of US-Iran nuclear talks next week under cautious observation.
• After a sharp rally on the ceasefire announcement, global equities entered a consolidation phase, with Paris’s CAC 40 up 0.3% on June 25 and US benchmarks trading near equilibrium.
• US Federal Reserve Chair Jerome Powell told Congress there is no urgency to lower interest rates, steering investor focus toward upcoming US PCE inflation figures and first-quarter GDP revisions.
• European markets are also grappling with renewed trade uncertainty as EU Commissioner Stéphane Séjourné warned of potential retaliatory measures if US tariffs linger beyond the July 9 deadline.
• Worldline stock tumbled over 35% following an international investigation that accused the payment processor of handling billions in dubious transactions, highlighting corporate governance risks.