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The post Ex-Dividend 11/06/2026 first appeared on IC Your Trading Edge | Official Blog.

IC Markets Global – Europe Fundamental Forecast | 10 June 2026

What happened in the Asia session?

The Asia session was dominated by the Trump-brokered Israel-Iran ceasefire, which triggered a risk-on rally in Asian equities (Nikkei +1%, Kospi +3.5%) while simultaneously crushing commodity prices. Oil fell over 5%, and gold dropped to a two-week low as geopolitical risk premiums evaporated. The US dollar weakened broadly across currency pairs as safe-haven demand diminished, with the Indian Rupee notably strengthening since lower oil prices benefit India’s import bill.

What does it mean for the Europe & US sessions?

U.S. CPI inflation data showing 3.8% YoY (below the 4.0% forecast but still elevated) and the ECB’s surprise rate cut to…

• Tehran needs to re-assess talks with the US following overnight clashes
• With its continued ceasefire violations, the US harms the diplomatic process

Iran is signalling a tougher stance toward diplomacy with the US after the latest round of US-Iran military exchanges, with Foreign Ministry spokesperson Baghaei saying Tehran must "re-assess" its negotiations with the United States following overnight clashes. He also argued that continued ceasefire violations by Washington are damaging an already fragile diplomatic process.

Baghaei's remarks come after one of the most serious escalations since the April ceasefire. The latest crisis was triggered by the downing of a US Apache helicopter near the Strait of Hormuz, which Washington blamed on…

• With continued ceasefire violations, the US is harming the diplomatic process

The news from yesterday was that an Iranian drone shot down a US helicopter near the Strait of Hormuz. After which, the US moved to retaliate and hit 20 Iranian targets overnight in a three-stage strike. At the same time, Iran also launched an offensive in threatening US targets across the Gulf region.

As much as the US continues to maintain that they are "very close" to a deal, the reality of the situation begs to differ. An interesting statistic that cropped up overnight was that US president Trump has used the term "very close" or something similar to describe a deal with Iran nearly 40 times now. Yet, here we are.

  DXY (U.S. Dollar Index):

Potential Direction: Bullish

Overall momentum of the chart: Bearish

The price could make a short-term pullback toward the pivot before rising again toward the 1st resistance

Pivot: 99.51

Supporting reasons: Identified as a pullback support that aligns with the 61.8% Fibonacci retracement, where renewed buying pressure could emerge to push the price higher.

1st support: 99.00

Supporting reasons: Identified as a pullback support, indicating a potential area where the price could again stabilize.

1st resistance: 100.24
Supporting reasons: Identified as a swing high resistance, indicating a potential area that could halt any further upward movement

Potential Direction:…

Global Markets:

•  Asian Stock Markets : Nikkei down 1.46%, Shanghai Composite down 0.58% Hang Seng down 1.21% ASX up 0.09%
• Commodities : Gold at $4,206.40 (-1.85%) Silver at $64.168 (-1.62%), Brent Oil at $91.95 (0.56%), WTI Oil at $88.70 (0.56%)
• Rates : US 10-year yield at 4.541, UK 10-year yield at 4.9060, Germany 10-year yield at 3.0567

• (USD) Existing Home Sales 4.17M  to 4.07M  expected

U.S. stock futures declined Tuesday night after the United States launched what it described as “self-defense strikes” against Iran in response to the reported downing of a U.S. Army Apache helicopter. Futures tied to the S&P 500, Nasdaq 100, and Dow Jones Industrial Average each fell about 0.3%,…

US Markets Mixed as Conflict Escalates Again – Nasdaq Off 1%

US markets delivered a mixed performance overnight as investors assessed the latest developments in the Middle East while positioning ahead of today’s key US inflation data release. News that a US helicopter was downed in the Gulf and subsequent retaliatory strikes from US forces have placed markets on alert into the Asian session today.

The Dow Jones managed to edge higher, gaining 0.17% to close at 50,872, while the broader S&P 500 slipped 0.26% to finish at 7,386. Technology stocks bore the brunt of the selling pressure, with the Nasdaq falling 0.97% to 25,678 as investors trimmed exposure to growth sectors ahead of today’s inflation figures.

In fixed-income markets,…

IC Markets Global – Asia Fundamental Forecast | 10 June 2026

What happened in the U.S. session?

The U.S. Employment Situation Report was released on Friday (June 5), which showed a surprisingly robust labor market with 172,000 nonfarm payrolls added (vs. 80,000 forecast) and unemployment steady at 4.3%, causing Treasury yields to surge and stock futures to trend negative as investors shifted from anticipating rate cuts to pricing in potential rate hikes by year-end. This “payroll panic” triggered a major technology and semiconductor selloff, with the Nasdaq Composite falling over 2.5% to one-month lows as chip stocks (Broadcom, Nvidia) lost momentum following Broadcom’s disappointing forecast.

What does it mean for the Asia…