Global Market Today: Asian stocks slip, oil up on peace doubts - The Economic Times

• Global markets maintained a positive tone on June 22, 2026, driven by progress in US-Iran peace talks and the US Treasury's decision to permit Iranian oil sales. • Oil prices dropped by more than 3% due to eased supply risks, while the US dollar saw a slight increase.

• Mike Bloomberg has called for a shift in Washington's leadership, emphasizing the need for "fresh ideas" and a focus on effectiveness. • He highlighted the importance of assembling results-oriented teams to address governance challenges and drive meaningful progress.

• Alan Dalgleish has joined the organization, bringing 35 years of professional industry experience to his new role. • He transitions to this position from his previous tenure at the Property Research Trust.

• On June 22, 2026, Thailand’s SET Index closed at 1,574.13 points, marking a slight increase of 1.63 points (0.10%) with a total trading value of THB 66.89 billion. • The banking sector served as the primary market driver, fueled by an uptrend in interest rates and expanded loans resulting from increased investment.

• Lazada has reduced its workforce by approximately 5% as part of a strategic review across its South-east Asian operations. • The layoffs impact employees across six key markets: Singapore, Malaysia, Thailand, Indonesia, Vietnam, and the Philippines.

• A severe heatwave has struck Europe, with temperatures expected to exceed 40°C and resulting in three deaths in France due to heat-related health issues. • The extreme weather has forced nearly 2,700 French schools to close or modify schedules, while Spain's Labour Ministry is monitoring company compliance with laws regarding adjusted working hours during red and orange alerts.

• Citigroup's US Economic Surprise Index reached 63.2, marking its highest level since August 2023. • The surge was driven by actual data for retail sales, employment, and manufacturing significantly exceeding Wall Street's median forecasts.

• House Financial Services Committee Chairman French Hill (AR-02) announced the committee's official activity schedule for July 2026. • The schedule features a Full Committee Hearing titled “The Federal Reserve’s Semi-Annual Monetary Policy Report.”

• Gold prices showed mixed movement as a strengthening U.S. dollar was countered by optimism surrounding U.S.-Iran peace talks. • Tata Electronics in India suffered a cyber breach that reportedly exposed trade secrets belonging to major tech firms Apple and Tesla.

• Market analysts are preparing for potentially volatile movements in the US Dollar Index Futures as the new trading week opens. • Traders are cautioned that initial headline reactions to economic data are often "starting guns," and the real trend depends on whether prices accept or reject the information after initial automated trading.

• Roblox (RBLX) stock plummeted 9.37% today, closing at $46.72. • The decline is attributed to a combination of weak user data and the emergence of securities class action lawsuits.