BoE's Taylor says an extended hold is the appropriate monetary response at this point. Bank Rate is 75bps above personal estimate of neutral.

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Israeli army says they opened fire on four Hezbollah members who crossed the security line in southern Lebanon, Al Arabiya reports

Iran's State Media says the Western part of the country's airspace is now open

BoE's Taylor says an extended hold is the appropriate monetary response at this point. Bank Rate is 75bps above personal estimate of neutral.

Carnival (CCL) Q2 26 (USD): EPS 0.41 (exp. 0.35), revenue 6.66bln (exp. 6.69bln).

MNB sees room for further interest rate cuts throughout the summer if favourable conditions persist

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  • The domestic economy is weak.
  • The BoE must be ready to cut if a benign scenario plays out.

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