Euro vulnerable to profit taking; Moves look too extreme to sustain s/t – BNP Paribas

Deutsche Bank now expects the ECB to hike rates to 2.5% in 2026, citing energy-driven inflation above 3%. Two hikes are seen in June and September, though the outlook remains highly dependent on oil prices and geopolitical developments.

CCL down 13.6% despite revenue beat; VIK up 27.8% revenue, down 7.3% stock. HGV misses estimates, down 17.2%.

BNZ’s Breman flags near-term inflation rise, warns on second-round risks Neutral-to-hawkish.

US equity dominance cracks. Tariffs, war & policy risks drive exit, leadership questioned. Supports broadening equity market leadership beyond the US.

Australia flash PMI slips into contraction as services slump and cost pressures surge Growth-negative, inflation-positive mix.

Gold oversold enough to rally, says Renaissance Macro’s DeGraaf Supports a short-term bullish bias for gold.

SIG beats earnings but sales dip. Low P/E & dividend offer value despite tariff risks.