Public Markets 3 Hours

Last updated: June 28, 2026, 8:30 PM ET

Geopolitics & Markets

Oil prices edged higher Sunday evening amid renewed concerns over supply disruptions in the Middle East, following reports that the US and Iran have agreed to halt attacks after a flare-up that saw a supertanker hit near the Strait of Hormuz rose as US, Iran. US equity futures climbed on reports that peace talks are set to resume, suggesting a de-escalation in hostilities. Meanwhile, Wall Street banks are capitulating on bets for a stronger euro, as markets anticipate the US will outpace Europe on interest-rate hikes for the remainder of the year.

Investor Strategy & Emerging Markets

The world's largest public investors are planning to shift more capital into private and less liquid assets, as rising risks to traditional bond-and-stock portfolios prompt a strategic pivot. In Indonesia, the three biggest foreign banks have repatriated approximately $640 million of their earnings since the start of 2024, as they pare exposure amid risks associated with President Prabowo Subianto.

Regional Equities & Investment Outlook

RBC Blue Bay Asset Management remains bullish on Japanese AI-related stocks, anticipating the current rally to extend into 2027, though they are trimming near-term exposure ahead of a potential slowdown in July and August. The Bank for International Settlements (BIS) has warned that AI "exuberance" poses a threat to the global economy.