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According to an AXIOS reporter, a U.S. official said that U.S. Secretary of State Marco Rubio spoke with the Lebanese president and Israeli Prime Minister Benjamin Netanyahu in the past 48 hours in an attempt to push for a new ceasefire initiative.

2026-06-01

According to an AXIOS reporter, a U.S. official said that U.S. Secretary of State Marco Rubio spoke with the Lebanese president and Israeli Prime Minister Benjamin Netanyahu in the past 48 hours in an attempt to push for a new ceasefire initiative.

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2026-06-01

ECB executive board member Schnabel said on Monday that with price pressures spreading beyond energy and the risk of unanchored inf expectations rising, the central bank can no longer ignore the inf impact of the Iran conflict. Damage to energy infra

ECB executive board member Schnabel said on Monday that with price pressures spreading beyond energy and the risk of unanchored inf expectations rising, the central bank can no longer ignore the inf impact of the Iran conflict. Damage to energy infrastructure and global supply chains have altered price dynamics more persistently, she said, implying policymakers may need to respond even if the conflict ends quickly. Schnabel added it is too early to say how many rate hikes will be required; policymakers will continue to assess incoming data and developments in the Middle East. She said the current shock differs from past energy crises because it is increasingly behaving like a global demand shock while lifting production costs worldwide.
2026-06-01

Germany's final manufacturing PMI for May was 50.1, below the expected 49.9 and the previous reading of 49.9.

Germany's final manufacturing PMI for May was 50.1, below the expected 49.9 and the previous reading of 49.9.
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