U.S. Treasury Secretary Bessent is visiting Houston today, the Houston Chronicle reports.

ECB Governing Council member Moulin said rising energy prices have begun to feed through to broader consumer prices, even though second-round wage effects have not yet been observed.

The Russian Defence Ministry said on June 11 Russian forces have seized two populated localities in Donetsk and Kharkiv regions, launched an offensive in northern Donetsk and are conducting street fighting in Kostiantynivka, with full control of the city’s eastern sector. The Ukrainian General Staff said on June 11 that between June 10 and early June 11 Ukrainian forces struck multiple military, logistics and industrial targets inside Russia, including oil refineries, UAV production facilities and military command posts.