Sputnik reported the Russian Defence Ministry said on Sunday that coordinated strikes on a Kyiv military‑industrial complex and maritime port infrastructure in Odesa region demonstrate Russian forces can reliably strike any target across Ukraine. The ministry said strikes on Ukrainian seaports and vessels ferrying weapons to the Zelenskiy administration produced significant results.

Deutsche Bank says a dense slate of Fed speeches precedes the next quiet period. Key schedule: Waller speaks Monday at the New York Commercial Economic Club; the Chair testifies Tuesday–Wednesday. Several officials will give outlooks after the June CPI print — Cook on Wednesday, Vice Chair Jefferson, Dallas Fed’s Logan and Kansas City Fed’s Schmidt on Friday. Deutsche Bank expects the Chair to reiterate recent remarks and stay tight-lipped on future action; Waller is likelier to outline his reaction function, so his remarks merit close attention for policy signals. Market focus will be how officials interpret June CPI and whether any signal support for a July rate increase. The June minutes noted “several” officials saw a case for a hike last month; since then oil and inflation expectations fell then partially rebounded and the unemployment rate declined further, leaving open the possibility of dissenting votes in July in favor of tightening.

Iran's Foreign Ministry spokesman Baqaei said Iran is determined to ensure maritime traffic safety in the Strait of Hormuz and will continue cooperating with Oman.