Qatar foreign ministry spokesman said efforts are focused on easing the current crisis and restoring the memorandum of understanding (MoU).

The Central Bank of the Republic of Turkey opened a one-week gold-for-lira sell-side swap auction using the traditional method, offering 4 tonnes.

Investors now price a 30bps Bank of England rate hike in 2026, up 5bps from a week earlier, LSEG data show. The ongoing US‑Iran conflict is raising concern about prolonged energy‑supply shocks and upward pressure on global inflation. Tickmill Group analyst Patrick Munnelly said oil‑price gains will push up petrol and energy costs and overall inflation, and increase the risk of a second round of rate hikes.