The ECB is widely expected to raise rates on Thursday with two more are already priced in for the year. Meanwhile, a fragile calm returns after U.S.-Iran military exchanges shook markets overnight, and Oracle falls 10% after results highlight a heavy debt load.
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Today's recommended read: https://www.reuters.com/commentary/reuters-open-interest/global-euro-needs-more-joint-debt-pass-muster-2026-06-11/
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