JP Morgan maintains a long-term bullish outlook on gold and expects prices to rise further in 2027.

European Central Bank President Christine Lagarde will attend the Eurogroup on July 9 and the EU Economic and Financial Affairs Council (Ecofin) on July 10 in Brussels, the ECB’s weekly calendar shows. The moves are atypical—such meetings are usually represented by an ECB vice‑president. Vujcic, who took office as ECB vice‑president in early June and has attended Ecofin once, is scheduled to be in Athens next Friday. Lagarde has not ruled out an early resignation to pursue French politics.

A NATO Ankara summit statement obtained by Refinitiv shows leaders will declare Iran must never possess nuclear weapons and will call on Tehran to fully respect freedom of navigation in the Strait of Hormuz.