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European Morning Brief Monday 13 July 2026


H2 Begins — Futures Slide as Iran Deal Strains Again — Micron at ATH $1,145 Ahead of Wednesday — PCE Thursday Is the Week's Defining Print Wall Street returns today after Juneteenth, stepping into a new macro chapter — but not without fresh complications. CNBC headlines "deja vu" as the Iran deal shows renewed strain in implementation, with Qatar and Pakistan announcing a 60-day roadmap for full US-Iran deal execution. Futures are sliding. Brent is cautiously drifting lower.
Weekend War Escalation — US Strikes Iran Again, Iran Declares Hormuz "Closed" — Oil Spikes ~4% — Kospi Crashes −5.6%, SK Hynix −10.6% — US Futures Slide — CPI + Warsh Testimony Tomorrow

 
 
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