European Markets Wrap-Up | Gold maintains the bearish bias following the hawkish Fed decision; focus shifts to data

Monday, 22 Jun, 2026 Commodities Gold maintains the bearish bias following the hawkish Fed decision; focus shifts to data FUNDAMENTAL OVERVIEW Gold maintains the bearish bias following the hawkish Fed dot plot last week as the central bank’s tightening bias led to a rise in real yields and a stronger US dollar. As a remi News UK's Starmer: I will resign as prime minister Will remain in post until Labour leadership contest is completed in early September Will do everything to ensure an orderly handover Nominations will open on 9 July His final words before calling the Learn more News Downing Street Chief of Staff resigns pointing to potential Starmer departure Reports from the New Statesman said Prime Minister Keir Starmer’s chief of staff told Downing Street staff he is resigning, adding to mounting pressure on an already embattled administration. The repo News UK prime minister Starmer to give statement in Downing Street imminently He is very much expected to set out his resignation plans, so this should be it. Meanwhile, Andy Burnham is going to be sworn in as member of parliament for Makerfield today as well. So, it will be a News Further US-Iran technical talks reportedly set to continue later today The main thing now is that the US and Iran have agreed to a 60-day "roadmap" in order to reach a final nuclear and sanctions deal. Call it whatever you like, be it a "memorandum of understanding" or a News easyMarkets Brings Guaranteed Stop Loss with No Slippage to TradingView The latest enhancement deepens the collaboration between two long-standing trading industry innovators, combining TradingView’s charting technology with easyMarkets established risk management tools L Forex Dollar continues to press higher to start the new week The US and Iran framework agreement remains fragile at best and as seen from the weekend, it can all fall apart at any point in time. There is some progress in talks in Switzerland but until we do see Forex The Indian Rupee's relief rally pauses after the surprisingly hawkish Fed, Hormuz tensions FUNDAMENTAL OVERVIEW USD: The US dollar surged across the board on Wednesday on the more hawkish than expected dot plot (the consensus was looking for no cuts or hikes this year). The median dot showe Learn more Forex Market outlook for the week of 22nd - 26th June The week starts with no major scheduled economic events for the European session, while later on Monday Canada will release inflation data. Tuesday will bring the BoJ core CPI y/y release, along with

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