Markets breathe easier as Trump hedges on Iran

From Yahoo Finance: 2025-06-20 00:32:00

President Donald Trump delays decision on U.S. attack on Iran, markets cautious. Brent crude oil prices fall 2.5% but still up 3.7% for the week. European stocks rise on falling oil prices. Asian stocks mixed, South Korea’s benchmark jumps after stimulus plan announcement. U.S. dollar on back foot, set for weekly gain of 0.5%. China keeps lending rates unchanged, Japan’s core inflation at two-year high. European central banks signal dovish stance, Norway and Switzerland cut rates. Key data releases today: Germany PPI, UK retail sales, ECB economic bulletin.



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