ECB's de Guindos says he sees Euro zone avoiding recession and can't prevent initial surge from energy, adds ready to respond as necessary
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Explosions reported in Iran's Tehran, Khorramabad, Urmia, Isfahan, Karaj and Ahvaz overnight, according to Al Jazeera
Power outages reported in Tehran amid Israeli strikes, according to NYT
ECB's de Guindos says he sees Euro zone avoiding recession and can't prevent initial surge from energy, adds ready to respond as necessary
ADNOC Gas says it made temporary adjustments to LNG production
Metropolitan Police commissioner Sir Mark Rowley warned the UK faces a “long and sustained threat” from Iranian state plots and accused “hostile states and competitor cities” of spreading false claims that London is unsafe
On the Newsquawk feed at , 20 minutes before this page.
Context
de Guindos's comments signal a more optimistic outlook for the Eurozone, indicating that the ECB believes a recession can be avoided despite potential short-term energy shocks. This hawkish stance suggests that monetary policy may remain tight or even shift, affecting interest rate expectations and ultimately influencing both the euro's strength and fixed income markets.
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