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European Morning Brief Wednesday 15 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.
Inflation Cools to 3.5% — Core Flat, First Headline Drop in Six Years — But Warsh Warns "Not Mission Accomplished" — Stocks Rise, Goldman +7.4%, IBM Craters −25% — Now PPI + Warsh Day 2

 
 
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