U.S. Dollar Notches Best Monthly Performance Since July 2025 — And Momentum Continues - MoneyCheck

• ING analyst Francesco Pesole expects the European Central Bank (ECB) to maintain a hawkish tone during the upcoming Sintra forum. • ECB President Christine Lagarde is unlikely to signal a dovish shift in policy before the release of June Consumer Price Index (CPI) data.

• Belgium and Spain released their national Harmonized Index of Consumer Prices (HICP) data, marking the start of a series of reports leading up to the full euro area print this Wednesday. • Belgian harmonized CPI showed a significant decrease, dropping from 4.1% in May to 3% in June.

• Indian equities ended lower on Monday, with the Sensex dropping 372 points and the Nifty losing 110 points, ending a two-day rally. • The market decline was driven by profit booking and heightened investor anxiety regarding escalating tensions between Iran and the US.

• China's economy is showing signs of recovery, driven primarily by a significant increase in manufacturing exports to the United States. • Investors are monitoring several key market drivers to start the trading day, including updates on Comcast and a fragile truce in Iran.

• US stock futures for the Dow, Nasdaq, and S&P 500 are trending upward as the market prepares for the final trading sessions of June. • Tech stocks are leading the rebound, with specific gains noted for companies including Arm, Marvell, and Micron.

• The S&P 500 rose on Monday as investors reacted positively to a pause in hostilities between the U.S. and Iran, though gains were limited by selling pressure in chip stocks. • In a separate legal development, the Supreme Court ruled against President Donald Trump's attempt to remove Federal Reserve Governor Lisa Cook, citing a lack of due process.

• Wall Street's main indexes advanced, with the tech-heavy Nasdaq leading gains as easing tensions between the U.S. and Iran improved overall investor sentiment. • Comcast saw a significant surge following the announcement of a spin-off plan, while investors shifted back toward growth stocks after a volatile previous week.

• The S&P/ASX 200 Index closed 0.7% higher at 8,823.40, gaining 59.20 points on the second to last day of the financial year. • Gains were primarily driven by the technology and healthcare sectors, with Neuren Pharmaceuticals soaring 37% following news of pending EU approval for its Rett syndrome drug.

• Stock futures indicate a higher market opening for the holiday-shortened trading week, with technology shares expected to rebound from previous losses. • Key corporate earnings reports are scheduled, with Nike (NKE) and Constellation Brands (STZ) reporting Tuesday after the bell, followed by General Mills (GIS) on Wednesday morning.

• U.S. stock index futures rose late Sunday following reports that the United States and Iran have agreed to suspend military hostilities. • The market surge is driven by hopes that both nations will resume diplomatic negotiations, reducing geopolitical tensions in the region.

• Global markets are monitoring geopolitical tensions as Iran seeks diplomatic talks to stabilize regional volatility. • The FTSE 100 experienced a session where stocks pared losses, coinciding with the unveiling of a new plan by Andy Burnham.