European Commission President von der Leyen says funding to Ukraine for the 2026-27 period will be EUR 90bln. To be split into EUR 60bln for military and EUR 30bln for fiscal support.
The announcement of substantial EU funding for Ukraine signals a strong commitment from the bloc to support Ukraine amidst ongoing tensions.
China holds a State Council Party meeting
Infosys (INFY) Q3 2025 (USD): Revenue 5.15bln (exp. 5.23bln), Operating Margin 18.4% (exp. 21.3%). Guidance: FY26 Revenue +3% to +3.5% (prev. guided 2-3%)
European Commission President von der Leyen says funding to Ukraine for the 2026-27 period will be EUR 90bln. To be split into EUR 60bln for military and EUR 30bln for fiscal support.
Germany sells EUR 700.9mln vs exp. EUR 1bln 3.25% 2042 Bund, EUR 809mln vs exp. EUR 1bln 0.00% 2052 Bund, EUR 822mln vs exp. EUR 1bln 2.90% 2056 Bund & EUR vs exp.
[MARKET UPDATE] European & US equity futures pullback, ES -0.4% & DAX 40 -0.4%, alongside an uptick in fixed income and JPY. With the general risk tone seemingly hit as crude continues to climb on escalating Iran tensions
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The split between military and fiscal support suggests not only an immediate focus on defense but also a longer-term vision for Ukraine's economic stability. This could impact broader geopolitical dynamics and may influence risk sentiment across various assets, particularly in Eastern Europe and commodities linked to the conflict.
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