📆 Thursday, June 29
► Global stock markets are trading mixed but overall little changed during European trading, with US futures and Europe's Stoxx 600 trading slightly higher while Asian equities saw a slight decrease. Hawkish remarks from central bankers about upcoming interest rate hikes have cast some uncertainty on the markets but came not as a surprise.
► USD strengthened for a second day following Federal Reserve Chair Jerome Powell's assertion that at least two interest-rate increases will be necessary this year to meet the central bank's 2% inflation target. Christine Lagarde from the ECB and Andrew Bailey from the Bank of England echoed similar sentiments regarding the need for policy tightening to control inflation. While Bank of Japan's Kazuo Ueda maintained a dovish stance, asserting a sustainable 2% inflation is still far off.
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