Sky News reports Harvey Nichols, the UK luxury department store, has asked prospective bidders to submit takeover offers within two weeks.

Analyst Andrew Sacher said Kevin Warsh's June FOMC debut left markets debating whether he is hawkish or dovish. With the FOMC split on hiking versus holding rates, Warsh's stance is pivotal; the Sintra meeting will be a fresh opportunity to reassess. Sacher views Warsh primarily as a politician who tailors comments to both wings—rhetoric may tilt hawkish, stressing price stability to reassure members favoring hikes as a signal of Fed independence from Trump. His actions, notably creating five working groups to review key Fed issues, have bought time and delayed near-term policy moves.

ECB policymaker Dolenc said if Middle East tensions do not escalate before the next policy decision and energy prices remain stable, the ECB could keep rates unchanged at the next meeting. Speaking at the Sintra Forum, he said a pause in tightening is reasonable if energy prices hold, commodity volatility does not spread and second‑round inflation effects do not materialize. Oil and gas remaining subdued would remove the need to rush further tightening, he added, and based on current data it may be appropriate to wait until before September. He cautioned there are still weeks to the next decision and geopolitical risk remains elevated after a recent uptick in hostilities.