Spain Consumer Price Index (MoM) registered at 0.1% above expectations (0%) in May

Jun 13, 2025

WTI trades around $74.50 after paring gains, downside seems limited due to supply concerns

West Texas Intermediate (WTI) Oil price pared its daily gains after reaching a five-month high of $74.40, currently trading around $71.80 per barrel during European hours on Friday. Crude Oil prices surged due to rising concerns regarding supply disruptions.

Pound Sterling slumps as Middle East tensions diminish appeal for risky assets

The Pound Sterling (GBP) underperforms against its major peers on Friday, except for antipodean currencies, as market sentiment turns risk-averse amid escalating geopolitical tensions in the Middle East.