Mumbai, June 22 -- Global markets are set for a crucial week as investors assess the reopening of tanker traffic through the Strait of Hormuz following the US-Iran agreement to lift naval blockades, while a packed economic calendar offers fresh clues on inflation, growth, and monetary policy trends. Key releases from the US, Europe, and Asia-Pacific are expected to shape market sentiment and influence expectations for central bank actions in the months ahead.
USA: Investors will focus on the US core PCE price index, the Federal Reserve's preferred inflation gauge, alongside personal income and spending data, durable goods orders, PMI surveys, GDP revisions, and consumer sentiment figures. Canada will release inflation data, while Mexico's ...