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  • A July hike from the ECB is now a long shot, but markets still see one more hike this year.
  • Oil futures are still pricing in a 20% uplift to oil prices over the next 12 months compared to before the war.
  • The June survey should have a spring in its step if the US-Iran peace deal survives the next few weeks.

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Keywords for: 16 June 2026 Eurozone Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence