News

Trump is considering appointing Michael Murray to lead the U.S. Department of Justice’s antitrust affairs, according to people familiar with the matter.

U.S. State Department: Announced a significant expansion of an existing visa restriction policy targeting people working for U.S. adversaries. Measures have been taken to impose visa restrictions on 26 individuals within this hemisphere who are engaged in relevant activities.

The Fed accepted a total of $158 million from five counterparties in fixed-rate reverse repurchase operations.

ECB Governing Council member Nagel: The ECB must maintain flexibility in its options and cannot yet make a commitment.

ECB Governing Council member Nagel said the war with Iran could reduce Germany's growth by 0.3 percentage points this year.

UK Chancellor of the Exchequer Reeves: Prefers not to raise taxes or increase borrowing to fund higher defense spending.

British Chancellor of the Exchequer Reeves: We are moving forward to finalize the details of the tie-back energy development project in the North Sea.

Chancellor of the Exchequer Reeves: Hope to provide more details on decoupling UK electricity prices from gas prices in the coming days and weeks.

ECB Governing Council member Villeroy: Experience shows that central bank independence leads to lower inflation and lower interest rates.

German Finance Minister: I think the impact of the Iran war will last for some time.

ECB Governing Council member Villeroy: Central bank independence is a prerequisite for successful monetary policy.

Bank of England monetary policy committee member Taylor: I am more concerned about the upside factors, and major productivity improvements are coming.

ECB Chief Economist Lane: Which meeting will make specific decisions is just a matter of detail.

Lane, chief economist of the European Central Bank: The market believes that we will take the necessary measures.

European Commission President Von der Leyen: We will continue to support the Lebanese people with massive humanitarian assistance.

European Commission President von der Leyen: Welcomes the 10-day ceasefire between Israel and Lebanon brokered by Trump. Europe will continue to call for full respect for Lebanon’s sovereignty and territorial integrity.

Bank of England monetary policy member Taylor: The labor market's reaction to the Iran war is key to the Bank of England's decision-making.

Intel (INTC.O) rose by 5%.

Bank of England Monetary Policy Member Taylor: Forecasts show continued relaxation in the labor market.

The U.S. Senate passed a bill to overturn a ban on mining in Minnesota during the Biden administration, a move that boosted Antofagasta's Twin Metals project.