UAE and Iran reportedly met face-to-face to ease tensions, Bloomberg reports

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US EQUITY OPEN: Indices gain despite new Trump escalation and ORCL plunging post-results

ECB Macroeconomic Projections, June 2026 (incl. alternatives):

UAE and Iran reportedly met face-to-face to ease tensions, Bloomberg reports

Senior Pentagon and US admin officials suggest that a move to capture Kharg Island is an "endgame" option, CNN reports

ECB President Lagarde (Q&A) notes statement says with today's hike, ECB is well-prepared to navigate the uncertainty ahead

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  • The UAE’s leaders want to keep their bold economic ambitions, including investing billions of dollars in increased oil production and in AI data centers, on track.
  • Abu Dhabi’s latest contact with Iran, the people said, was mainly motivated by the UAE seeking a detente with a regime it considers an enemy but realises won’t be dislodged from power.

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