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Monday, June 16, 2025

European Markets Wrap-Up | Why tariffs don't matter anymore for the market?

Why tariffs don't matter anymore for the market?

The latest news on the tariffs front is that the EU is reportedly prepared to accept a flat 10% tariff rate by US under certain conditions. The EU has been the most difficult one to deal with and Trum... 

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EU reportedly prepared to accept flat 10% tariffs by US under clear conditions

And among those conditions, the EU is hoping that by swallowing the flat 10% tariffs that Trump would avert higher US duties on cars, pharmaceuticals, and microelectronics. But for now, the US camp is... 

India says aiming to sign interim deal with the US before 9 July

Bilateral trade talks are progressing Sticking to timeline of signing a deal before the fall of 2025 Even without an interim deal, you'd imagine that the US will surely kick the can down the road so l... 

Eurozone wage costs seen easing in Q1 2025

That compares with the 4.1% year-on-year reading in Q4 2024. As for labour costs, that is seen at 3.4% year-on-year as well in Q1 2025. Comparatively, labour costs were 3.8% year-on-year in the final... 

Israel: We Destoryed One-Third of Iranian Regime's Missile Launchers

Investor Update – 8:55 AM, Greenwich Mean Time (GMT) Monday, June 16, 2025 Israel's military spokesperson announced that the IDF has destroyed approximately one-third of Iran's missile launchers... 

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Latest Forex Orders

FX option expiries for 16 June 10am New York cut

There are some large ones to take note of on the day, as highlighted in bold . The first ones are for EUR/USD layered in between 1.1500 through to 1.1600. That should keep price action in the pair anc... 

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