Newsquawk Week Ahead Highlights for 22nd-26th June 2026
Newsquawk Week in Focus 22nd-26th June 2026: Highlights include: US PCE, Canadian CPI, EZ Flash PMI, Japanese Tokyo CPI and Banxico

Truce – typically an informal, non-binding, and short-term suspension of hostilities and may apply only to a specific geographic area within a broader conflict and do not necessarily signal a willingness to negotiate a permanent peace.
Ceasefire – generally a more formal, binding, and longer-term agreement to halt fighting
Forex Market Snapshot
The dollar is trading mixed and back to square one after trading firmer overnight but pausing below key levels (cited here as targets yesterday)

Market Update
The reaction to reports that the US-Iran meeting in Switzerland had been cancelled proved to be short-lived as the dollar and stocks have come off highslows and oil off its high in a US holiday thinned end to the week trading. What it underscores isw that the path to a peace deal will be fragile and a steep uphill climb.
EURUSD US500 XBRUSD

Newsquawk US Market Wrap: AI optimism sees stocks erase losses on hawkish Fed
SNAPSHOT: Equities up, Treasuries up, Crude mixed, Dollar up, Gold down

Was this behind the blip up in oil?
Al-Mayadeen Network, citing an informed source, claimed that the Iranian negotiating team is canceling its trip to Switzerland due to the continued Israeli attacks on southern Lebanon
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