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Breaking Posted 2 hours ago

ECB's Rehn Warns Middle East Energy Shock Risks Stagflation

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ECB Governing Council member Olli Rehn said Middle East conflict is stoking inflation while restraining economic growth—a stagflationary mix. EUR/USD and energy-linked pairs face pressure as markets price stagflation risk; higher inflation may delay ECB cuts while growth concerns support safe-haven flows.
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49 minutes ago

ECB's Rehn Says Energy Shock Stagflationary

ECB Governing Council member Olli Rehn said Middle East conflict is stoking inflation while weighing on economic expansion, creating stagflationary pressures. EUR/USD traders should monitor hawkish vs. dovish ECB signals; stagflation concerns could support EUR on rate expectations but weigh on risk sentiment.

https://www.bloomberg.com/news/videos/2026-06-30/ecb-s-rehn-energy-shock-has-been-cleary-stagflationary-video
12 minutes ago

Putin denies Trump deal on Ukraine war reached

Putin admitted no agreement was reached with Trump to end the Ukraine war, contradicting earlier Kremlin claims of an August summit accord. This geopolitical uncertainty raises risk premiums on USD/RUB and emerging-market currencies while supporting safe-haven demand for USD/JPY and CHF pairs.

https://thehill.com/policy/international/5947915-vladimir-putin-donald-trump-ukraine-war-agreement/
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