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RIA: Russian Foreign Minister Lavrov held a call with the UAE foreign minister to discuss the situation in the Persian Gulf.

2026-07-18

RIA: Russian Foreign Minister Lavrov held a call with the UAE foreign minister to discuss the situation in the Persian Gulf.

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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.
2026-07-18

Bahrain Interior Ministry says alarms sounded again.

Bahrain Interior Ministry says alarms sounded again.
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