President Trump said the United States has achieved a military victory in its war against Iran.

The Information reports Google, facing capacity constraints, has turned to Samsung to secure future AI chip supply.

Barclays analysts say UK April GDP contracted 0.1% MoM, matching the Bank of England's Q2 growth projection of 0.1%; the BoE meets next week. Services were the main drag, with sports and entertainment posting a negative contribution, partly linked to cancellations of Middle East sporting events. Markets now focus on May inflation and April labour market data due next week. Subsequent data would need to surprise materially to change the outcome of the June meeting, though they could marginally shift vote splits and the policy statement's wording.