Iran suggests the Strait of Hormuz could reopen within seven days once the US blockade is lifted, Kyodo reports

UK sells GBP 4.75bln 4.625% 2032 Gilt: b/c 3.07x (prev. 3.34x), average yield 4.843% (prev. 4.613%), tail 0.4bps (prev. 0.2bps)

UK banks are reportedly lobbying for fintechs to held fund community banking hubs replacing branches, FT reports citing sources

Iran suggests the Strait of Hormuz could reopen within seven days once the US blockade is lifted, Kyodo reports

[MARKET UPDATE] USD/JPY falls from 157.62 to a low of 157.01 within a couple of minutes; a move which comes amidst a drop in global yields and falling energy prices

IRGC says if Iran’s national interests require negotiations alongside war, then it must negotiate; says it will respond to any enemy strike with multiple strikes across different arenas and in various ways, Al Jazeera reports