Israel's defense minister said the military is fully prepared to meet any contingency, for both defensive and offensive operations.

JP Morgan cut its price target on Meta Platforms (META.O) to $640 from $725.

The Bank of England held Bank Rate at 3.75% as expected; the vote was 6-3 with three members preferring a 25bp hike. Governor Bailey said the pre-existing disinflation trend that existed before the Middle East conflict remains in place, adding: "This offers some initial evidence that inflation inertia may be weaker than previously expected." GBP/USD 1.3381, below 1.3392 before the decision.