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Hike and seek

Hike and seek

Published 1 day, 6 hours ago
Description

The ECB is widely expected to raise rates on Thursday with two more are already priced in for the year. Meanwhile, a fragile calm returns after U.S.-Iran military exchanges shook markets overnight, and Oracle falls 10% after results highlight a heavy debt load.

Today’s recommended read: 'Global euro' needs more joint debt to pass muster, Mike Dolan

Subscribe to Mike Dolan's Morning Bid newsletter, and check out his columns on Reuters Open Interest

Read more from Amanda Cooper and Anna Szymanski

Produced by Eliza Davis Beard and Abisoye Adelusi

Sound engineering and music by Sebastian and Josh Sommer

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