Next Tuesday's US CPI is the week's key release. Economists broadly expect headline inflation to ease slightly YoY while core inflation likely remains elevated, reflecting persistent services and shelter price pressures. The Fed says it needs further confidence that inflation is sustainably moving toward its 2% target before considering rate cuts.

TASS, citing an official, said senior Trump adviser Jared Kushner and a US Middle East envoy may visit Kyiv and Moscow within seven to ten days, signaling a potential renewed US push to mediate Russia-Ukraine talks. The pair have visited Moscow multiple times and met President Putin and other senior Russian officials but have not been to Kyiv. The report said US attention had shifted to the Middle East earlier this year; the last US–Russia–Ukraine trilateral talks were held in Geneva in mid-February and a planned follow-up later that month was postponed after a US strike on Iran, with Ukrainian President ZELENSKIY accusing Moscow of seeking to delay talks. The White House did not immediately respond to a request for comment.

Sources said four Yemeni government soldiers were killed in an attack by Houthi forces.