The European Central Bank has selected 36 payment service providers to participate in its digital euro pilot.

Goldman analysts say earnings growth is likely to remain the main driver of US equities even as a more hawkish Fed raises downside risk. Goldman expects the Fed to keep rates on hold this year but assigns a 25% probability of a rate hike. A Fed resumption of hikes would affect equities via three channels: higher rates weakening the growth outlook — and historically growth has mattered more for equity performance than rates themselves; the current AI-led investment cycle is unusually capital‑intensive, making firms more sensitive to higher financing costs; and past tightening cycles have coincided with weak equity returns. Goldman adds: "Whether or not the Fed hikes, uncertainty about the Fed's policy path will raise rate volatility risk and constitute a headwind for equities."

Sources said India's foreign-currency deposit scheme for non-resident Indians has attracted nearly $10 billion.