Global Headlines

The European Central Bank doesn’t need to react more forcefully to the fallout from the Middle East conflict because inflation is set to return to target over the medium term, President Christine Lagarde said.

US Vice President JD Vance said talks with Iran over the weekend were “very, very good,” as the sides attempt to reach a peace deal within two months and formally end a war that’s reverberated through the global economy.

Investors are already speculating about who could be the next UK chancellor and what it will mean for the bond market.

Oil declined on signs of progress in US-Iran peace talks including a waiver on some Iranian oil sanctions, bolstering hopes for a continued recovery in flows from the Persian Gulf.

Kings College London visiting research fellow Lindsay Newman discusses US, Iran nuclear talks. She speaks with Francine Lacqua on June 19, 2026. (Source: Bloomberg)