Earthquake of magnitude 6.0 strikes off Crete, GFZ reports
The magnitude 6.0 earthquake off Crete could have implications for regional stability and potential disruption of local economies, particularly in tourism and shipping.
SNB's Schlegel says the Bank will not hesitate to move rates into negative territory and that a move below zero is a bigger step than a normal cut
The US has put a USD 10mln bounty on the leader of the Iran-backed Shiite militia group in Iraq, CBS reports
Earthquake of magnitude 6.0 strikes off Crete, GFZ reports
PRE-MARKET INDIAN STOCKS NEWS: Earnings from Infosys, LTN
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While the immediate economic impact may be limited, the geopolitical risk in the Mediterranean area could elevate concerns among investors, especially in sectors sensitive to heightened tensions or disasters. Monitoring the situation will be crucial, as further developments may influence market sentiment surrounding European assets and regional currencies.
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