Global Markets

Global Markets Highlights — Jun 17, 2026 | Aivina

June 17, 2026

Global financial markets experienced a strong rally over the past three days, primarily driven by softer-than-expected US inflation data for April. This development significantly boosted investor confidence, fueling expectations for potential interest rate cuts by the Federal Reserve later in the year. Consequently, the US dollar weakened against major currencies as risk sentiment turned bullish, with the European Central Bank also poised for a probable June rate cut.

Highlights

Macro Overview

Inflation

US April CPI eased to 3.4%, signaling cooling price pressures. Eurozone inflation remains sticky, while China battles low inflation.

Interest Rate Outlook

Prospects for Fed rate cuts increased post-US CPI. ECB is widely expected to cut rates in June, leading major central banks.

Risk Sentiment

bullish

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