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Hungarian Prime Minister Majol: The budget deficit is far higher than the revised target, and the previous government deceived the people on the budget issue.

2026-06-26

Hungarian Prime Minister Majol: The budget deficit is far higher than the revised target, and the previous government deceived the people on the budget issue.

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2026-06-26

US AI chip stocks were mixed in pre-market trading, with Intel (INTC.O) down 3.2%, Baidu (BIDU.O) and AMD (AMD.O) down 2.7%, Qualcomm (QCOM.O) and Broadcom (AVGO.O) down more than 1%, and Microsoft (MSFT.O) up 1.1%.

US AI chip stocks were mixed in pre-market trading, with Intel (INTC.O) down 3.2%, Baidu (BIDU.O) and AMD (AMD.O) down 2.7%, Qualcomm (QCOM.O) and Broadcom (AVGO.O) down more than 1%, and Microsoft (MSFT.O) up 1.1%.
2026-06-26

An ECB consumer survey released Friday showed euro-area one-year inflation fell expectations to 3.5% in May from 4.0% in April, while three-year and five-year expectations remained at 2.9% and 2.4% respectively. The survey covered about 19,000 adults

An ECB consumer survey released Friday showed euro-area one-year inflation fell expectations to 3.5% in May from 4.0% in April, while three-year and five-year expectations remained at 2.9% and 2.4% respectively. The survey covered about 19,000 adults across 11 countries. The ECB said uncertainty around 12-month expectations declined but remains above pre–Middle East war levels. Some ECB policymakers still favor further tightening to rein in inflation expectations, but there is wide internal disagreement over timing. Low-income Households report higher current inflation perceptions and expectations; younger respondents report relatively lower levels. Financial markets price roughly one to two more ECB hikes, with the next move broadly expected to be fully priced in by autumn.
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