ECB June Macroeconomic Projections: Baseline HICP: 2026 3.0% (prev. 2.6%), 2027 2.3% (prev. 2.0%), 2028 2.0% (prev. 2.1%). Real GDP: 2026 0.8% (prev. 0.9%), 2027 1.2% (prev. 1.3%), 2028 1.5% (prev. 1.4%).
US President Trump says will be hitting Iran VERY HARD TONIGHT; and the US "will be taking Kharg Island, and other oil infrastructure points, and assume total control of their Oil and Gas Markets" in the not too distant future
Dan Jarvis said to be the frontrunner to replace former UK Defence Secretary Healy, Telegraph reports
ECB June Macroeconomic Projections: Baseline HICP: 2026 3.0% (prev. 2.6%), 2027 2.3% (prev. 2.0%), 2028 2.0% (prev. 2.1%). Real GDP: 2026 0.8% (prev. 0.9%), 2027 1.2% (prev. 1.3%), 2028 1.5% (prev. 1.4%).
Former UK Cabinet Minister says 'If Starmer has any authority left, he should sack [Chancellor] Reeves', Spectator reports
Citi (C) is rolling out tokenised shares of private companies through a blockchain, WSJ reports
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Baseline:
- HICP: 2026 3.0% (prev. 2.6%), 2027 2.3% (prev. 2.0%), 2028 2.0% (prev. 2.1%)
- HICP ex-Energy & Food: 2026 2.5% (prev. 2.3%), 2027 2.5% (prev. 2.2%), 2028 2.2% (prev. 2.1%)
- Real GDP: 2026 0.8% (prev. 0.9%), 2027 1.2% (prev. 1.3%), 2028 1.5% (prev. 1.4%)
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