ECB Governing Council member radev said a rate hike does not imply the ECB is on a predetermined path.

Oracle has notified the project developer — a subsidiary of Blue Owl Capital — invoking a force majeure clause to avoid substantial costs tied to its large New Mexico data-center, people familiar with the matter said. The notice seeks to defer payments if Project Jupiter is delayed and fails to go live as planned in 2028; the sources said Oracle is not seeking to exit as the anchor tenant. The move adds uncertainty to a project already facing local opposition and regulatory hurdles.

Canada core retail sales, July MoM -0.7% (expected -0.5%); June +0.5%.