ECB's Makhlouf we need to get ahead of inflation and are seeing more broad-based inflation impact, would be a mistake for us to do nothing

Israeli Army Chief of Staff told ministers that he is capable of acting independently against Iran if necessary, according to Israeli press; also reported that Israeli PM Netanyahu said that we are not subordinate to the US in a cabinet meeting

JPMorgan still expects aluminium to reach USD 4k/t, now forecasting an average price of USD 3750/t in H2'26

ECB's Makhlouf we need to get ahead of inflation and are seeing more broad-based inflation impact, would be a mistake for us to do nothing

BofA weekly flow data shows USD 20.8bln into bonds (59th straight week of inflows), USD 2.5bln out of cash, USD 31.5bln into stocks, USD 0.7bln out of crypto (record inflows over 5 weeks), USD 2.3bln out of gold (4th straight week of outflows)

US-Iran MoU likely to be signed next week, sources tell CBS; Iran would halt uranium enrichment for 15-20 years under the proposal, First steps include ensuring "freedom of trade" by demining and opening the Strait of Hormuz