European Council President Costa says he is establishing diplomatic channels with Russia.

ECB governing council member Wunsch: If services inflation rises, we may consider another 25bp rate hike to ensure safety.

June 18 — MOFCOM Vice Minister and deputy chief trade negotiator Ling Ji met with the CEO of SABIC to discuss the company’s operations in China and expanded investment cooperation. Ling said China-Saudi trade ties have grown steadily, with ARAMCO and SABIC as key participants. He said China will accelerate industrial, energy and transport restructuring and push a green, low-carbon transition during the 15th Five-Year Plan period, and urged SABIC to deepen its presence in the Chinese market.