Oil: Conflicting demand signals shape outlook – Commerzbank

Commerzbank’s Norman Liebke and Carsten Fritsch highlight that Brent and European gas have risen on renewed US–Iran tensions, but price reactions are more muted as inventories and rerouted flows ease tightness.
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Euro area: Growth forecasts face modest downgrades – Nomura

Nomura analysts expects the European Central Bank's (ECB) June macroeconomic projections to incorporate higher market rate assumptions and exclude May Harmonised Indices of Consumer Prices (HICP) data.
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