Bank of Israel governor said interest rates can continue to decline so long as the inf environment does not change unexpectedly.

Oil prices fell after OPEC+ decided to raise supply. After an online meeting on Sunday the group said it would add about 188,000 bpd in August, the fifth consecutive monthly increase. ANZ research said even if the Strait of Hormuz reopens, member states may struggle to utilise the additional capacity because vessels still face risks. Analysts noted several ships attempting the Oman route through the strait over the weekend were observed turning back.

U.S. President Trump said Treasury Secretary Bessent has performed excellently.