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G7 officials: A memorandum of understanding between the United States and Iran could be signed as early as Sunday in Geneva.

2026-06-12

G7 officials: A memorandum of understanding between the United States and Iran could be signed as early as Sunday in Geneva.

Other News
2026-06-11

Trump said the US will take tough measures against Iran tonight.

Trump said the US will take tough measures against Iran tonight.
2026-06-11

Analyst Weber says markets largely expect the ECB to lift rates later — the first increase since 2023. The ECB faces a dilemma after a shock from the Iran conflict: headline inflation is above 3% and inflation ex-food and energy has accelerated to 2.

Analyst Weber says markets largely expect the ECB to lift rates later — the first increase since 2023. The ECB faces a dilemma after a shock from the Iran conflict: headline inflation is above 3% and inflation ex-food and energy has accelerated to 2.5%, well above the 2% target, while growth appears hit — business surveys show a sharp May downturn. A rate hike would heighten downside pressure on activity, but consensus sees inflationary forces as large enough to warrant action, which could mean further measures after tonight. Given high uncertainty and ongoing US–Iran efforts to end hostilities, Lagarde’s wording is likely to be deliberately vague; she will emphasize vigilance and close monitoring of incoming data to avoid appearing complicated.
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