Daily Briefing — June 8, 2026 | Oil Surges, Tech Sell-Off Deepens, and Central Banks Diverge

This content is for informational purposes only and is based on information that may not be complete or fully up to date. No responsibility is accepted for any decisions made or losses incurred based on this content. No guarantee is made as to the accuracy or completeness of the information presented. This episode is for informational purposes only and does not constitute financial, investment, legal, or tax advice.Global markets enter a critical week with oil prices spiking above $97 a barrel after the Iran-Israel ceasefire collapses, renewing inflation pressures just as central banks prepare major policy decisions. The Nasdaq posted its worst single-day drop since April 2025 on Friday, with AI-related semiconductor stocks leading the decline. The Federal Reserve meets next week, where new chair Kevin Warsh will preside for the first time amid rising expectations that the dot plot may show no rate cuts for the remainder of the year — and President Trump publicly demanding lower rates. The European Central Bank is expected to hike on Thursday, putting it at the forefront of global tightening. The Bank of Japan is also leaning toward a move, which would take rates to a thirty-year high. Meanwhile, Apple kicks off its Worldwide Developers Conference with a revamped Siri expected to take center stage, while Nvidia announces a major memory-chip partnership with SK Hynix. This episode covers the breakdown of the US-Iran ceasefire, the bond market reaction to rising yields, the diverging paths of major central banks, the state of the AI trade after a brutal week for tech, and what to watch in the days ahead.