Early FX guide showing the way:
Weekend news somewhat encouraging, hence the 'hope':
- Weekend: Hormuz deal in outline but nuclear and sanctions gaps
- Iran nuclear deal 95% done but signing still days away
Wall Street Journal cautious (gated):
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Hope is up. So is AUD, equites (ES +0.4% , NQ +0.6%) Globex trade now open for the week.
- Hopes are up for a deal. Globex is open and oil is down (-3%) on this.
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
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- FX option expiries for 30 June 10am New York cut
- Heads up: Germany states' CPI readings due later today
- ECB may see a case for July move on a negative June inflation surprise - report
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