New Fed Chairman Kevin Warsh has adopted a hawkish stance that rattled US equity markets, while geopolitical tensions in the Middle East show signs of easing. Meanwhile, Swedish policy rates remain unchanged as inflation risks begin to subside.
Key Takeaways
- 1.Fed Chair Kevin Warsh signaled a hawkish shift in monetary policy, potentially leading to a rate hike as early as October.
- 2.The US-Iran Memorandum of Understanding has lowered geopolitical risk, leading to a decline in Brent oil prices to $77.9 per barrel.
- 3.The UK political landscape faces volatility due to Andy Burnham's by-election campaign, which could challenge Prime Minister Keir Starmer's leadership.
Table of Contents
- Global key stories
- Nordic key stories
- Today's key events
- Market data
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Authors
Dana Malas
Securities
S&P 500Brent Crude Oil
Themes
GeopoliticsMonetary Policy
Regions
GlobalMiddle EastUnited StatesSwedenUK