Friday, 12 June 2026 07:00 UTC
Escalating US-Iran military conflict continues with second day of strikes, though markets showing surprising resilience with oil gains fading and equities recovering overnight. Dollar firming at 100.10 while US CPI matched expectations at 4.2% y/y, keeping Fed policy path unchanged. Key risk today is potential third US strike on Iran after market close, plus ECB rate decision and US PPI data.