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Bank of Canada Governor Macklem: We must remain humble in an environment of uncertainty; we are prepared to act should circumstances change.

2026-07-01

Bank of Canada Governor Macklem: We must remain humble in an environment of uncertainty; we are prepared to act should circumstances change.

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2026-07-01

EASA extends the validity of its conflict-zone designation for Middle East/Persian Gulf airspace to July 8.

EASA extends the validity of its conflict-zone designation for Middle East/Persian Gulf airspace to July 8.
2026-07-01

Euro-area inflation eased to 2.8% in June, below a Refinitiv survey forecast of 3% and down from 3.2% in May. The decline eases price pressures linked to the Iran war and is a positive for the ECB as it seeks to curb inflation. The ECB raised rates 2

Euro-area inflation eased to 2.8% in June, below a Refinitiv survey forecast of 3% and down from 3.2% in May. The decline eases price pressures linked to the Iran war and is a positive for the ECB as it seeks to curb inflation. The ECB raised rates 25bp to 2.25% last month — its first hike since 2023 — and June marked the fourth consecutive month above the ECB's 2% medium-term target. Prior To the data, swap markets had been pricing another 25bp ECB hike by year-end.
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