ECB chief economist Lane said he has not seen the energy shock trigger a broad-based wage response.

Statistics Canada data show Canada's population grew 0.5% in the 12 months to July 1.

Iranian media reported Foreign Minister Alaghezi’s interaction with one of Trump’s negotiators, Witkoff, was not coordinated with or approved by relevant decision-making bodies, including the Supreme National Security Council, and claims the action was coordinated are false. SNSC Secretary Rezaei said in a TV interview the original plan was to relay Iran’s seven conditions via intermediaries, implying Alaghezi lacked authorization to deal directly with Witkoff. Alaghezi is being asked to explain the allegedly improper contact to relevant bodies and to the Iranian public.