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The China Earthquake Networks Center officially reported that a 5.3-magnitude earthquake occurred in Tajikistan (37.70°N, 72.55°E) at 18:36 on July 18, with a focal depth of 140 kilometers.

2026-07-18

The China Earthquake Networks Center officially reported that a 5.3-magnitude earthquake occurred in Tajikistan (37.70°N, 72.55°E) at 18:36 on July 18, with a focal depth of 140 kilometers.

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2026-07-18

Scotiabank expects the ECB to hold rates in July, arguing policy need not move in a straight line during periods of high uncertainty. Markets have priced a 25bp June hike and expect the deposit rate to be left at 2.25% thereafter, with consensus lean

Scotiabank expects the ECB to hold rates in July, arguing policy need not move in a straight line during periods of high uncertainty. Markets have priced a 25bp June hike and expect the deposit rate to be left at 2.25% thereafter, with consensus leaning to stand pat in July. ECB President Lagarde said on July 1: "I think the upside risks to inflation and downside risks to growth may be more balanced than a few weeks ago, because things are changing fast." Since then US‑Iran tensions have flared and WTI and Brent have each roughly risen $12/barrel. June euro‑area CPI fell 0.1% MoM and core CPI eased YoY to 2.4% from 2.6%, which may give the ECB more time to assess under its data‑dependent framework; market sentiment indicators nevertheless remain overall tilted hawkish.
2026-07-19

FT reports the Trump administration is preparing a package of grants for Europe and other regions to support initiatives aligned with MAGA, as part of a major reprioritization of U.S. foreign-aid priorities. A copy of a State Department notice to sho

FT reports the Trump administration is preparing a package of grants for Europe and other regions to support initiatives aligned with MAGA, as part of a major reprioritization of U.S. foreign-aid priorities. A copy of a State Department notice to show lawmakers proposed funding includes $2m for "countering censorship," aimed at addressing impacts from EU rules such as the Digital Services Act and Digital Markets Act; other listed projects resemble traditional U.S. aid programs.
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