ECB President Lagarde (Q&A) notes statement says with today's hike, ECB is well-prepared to navigate the uncertainty ahead

UAE and Iran reportedly met face-to-face to ease tensions, Bloomberg reports

Senior Pentagon and US admin officials suggest that a move to capture Kharg Island is an "endgame" option, CNN reports

ECB President Lagarde (Q&A) notes statement says with today's hike, ECB is well-prepared to navigate the uncertainty ahead

ECB President Lagarde (Q&A) says ECB looks at market-based, survey-based and consumer-based expectations; policymakers try to understand where they stand in the short-term and in the medium-term

World Bank cuts 2026 Global GDP growth forecast to 2.5% (prev. 2.6%), China to 4.2% (prev. 4.4%), US to 2.2% (unchanged)