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Stagflation risk eases as US-Iran deal boosts European stocks, luxury goods outlook brightens

Market News
17 Jun 2026
Market Watch
View Source
Bullish
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A new memorandum of understanding between the US and Iran has significantly reduced the risk of stagflation in Europe, prompting two major European banks, Deutsche Bank and Barclays, to lift their underweight stance on European equities. This easing of inflation pressures is expected to support economic growth and improve investor sentiment, particularly benefiting luxury goods stocks. While details of the peace deal remain unclear, markets are already pricing in a more positive outlook for the region.

More News

Oramed Pharmaceuticals to join Russell 2000 and Russell 3000 indexes on June 29, 2026.

Oramed Pharmaceuticals to join Russell 2000 and Russell 3000 indexes on June 29, 2026.

Oramed Pharmaceuticals Inc. will be added to the Russell 2000 and Russell 3000 indexes following the 2026 Russell indexes semi-annual reconstitution, effective June 29, 2026. This inclusion reflects Oramed's ranking among the 4,000 largest U.S. stock...

Market News
Bullish
58 minutes ago
South Korea's stock rally driven by AI memory chip makers outperforms S&P 500 by 11x in 2026

South Korea's stock rally driven by AI memory chip makers outperforms S&P 500 by 11x in 2026

South Korea, though small in size, has become a major winner in the 2026 AI boom thanks to its dominance in high-bandwidth memory (HBM) production. Key companies SK Hynix and Samsung Electronics, which together make up nearly half of the iShares MSCI...

Market News
Bullish
1 hour ago
Lake Victoria Gold strengthens Tanzanian team to advance fully permitted Imwelo gold project toward production.

Lake Victoria Gold strengthens Tanzanian team to advance fully permitted Imwelo gold project toward production.

Lake Victoria Gold Ltd. has appointed key finance and compliance officers in Tanzania to support the transition of its fully permitted Imwelo gold project from planning to construction and production. The Imwelo project, located near AngloGold Ashant...

Market News
Bullish
1 hour ago
Quantum Secure Encryption expands post-quantum cybersecurity platform to Malaysia amid rising global quantum threats

Quantum Secure Encryption expands post-quantum cybersecurity platform to Malaysia amid rising global quantum threats

Quantum Secure Encryption Corp., a Vancouver-based post-quantum cybersecurity firm, announced a partnership with a Malaysian digital certification authority to develop a localized version of its Quantum Preparedness Assessment platform. This move aim...

Market News
Bullish
1 hour ago
Intrado launches AI-powered cloud solutions to modernize emergency communications for PSAPs.

Intrado launches AI-powered cloud solutions to modernize emergency communications for PSAPs.

Intrado introduced a new portfolio of AI-enabled, cloud-native emergency communication solutions designed to help Public Safety Answering Points (PSAPs) improve efficiency, resiliency, and reduce telecommunicator workload. The offerings include VIPER...

Others
Bullish
1 hour ago
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