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ECB Governing Council member Mollen: The energy shock from the Middle East crisis will continue, regardless of how the short-term geopolitical situation evolves.

2026-06-12

ECB Governing Council member Mollen: The energy shock from the Middle East crisis will continue, regardless of how the short-term geopolitical situation evolves.

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2026-06-12

Bank of Korea Governor Shin warned authorities cannot fall behind the curve on inflation, signaling growing urgency to act. He said the ongoing Middle East conflict, including the Iran crisis, is lifting inflationary pressure by pushing up energy pri

Bank of Korea Governor Shin warned authorities cannot fall behind the curve on inflation, signaling growing urgency to act. He said the ongoing Middle East conflict, including the Iran crisis, is lifting inflationary pressure by pushing up energy prices and disrupting supply chains. Shin added that the combined dynamics of growth, inflation and financial stability point toward a clear policy direction and policymakers must avoid acting too late if price stability is threatened. His comments are likely to reinforce market expectations that the BOK could resume tightening as soon as next month. Even if cost-relief measures ease some pressure, South Korea’s inflation may remain above target for an extended period.
2026-06-12

German two-year government bond yield fell 7bps to 2.56%.

German two-year government bond yield fell 7bps to 2.56%.
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