Fed's Goolsbee (2027 voter) says inflation is well above target and going the wrong way, adds need evidence this inflation is temporary and services inflation is a little disturbing

UK's Burnham will seek to soothe markets as he marches on number 10 and will use a speech next week to pledge to grow the economy and commit to Labour's fiscal rules, according to The Times

US strategic oil reserves fall by 9.1mln barrels to 331.2mln barrels and are at the lowest levels since 1983

Fed's Goolsbee (2027 voter) says inflation is well above target and going the wrong way, adds need evidence this inflation is temporary and services inflation is a little disturbing

Qualcomm (QCOM) nears deal to acquire AI chip startup Modular for around USD 4bln

Iranian President Pezeshkian says in phone call to Turkish President Erdogan on Monday that Iran is ready to pursue diplomacy as per international law