President Trump said the United States will prevail in its fight against fraud and has raised tens of billions of dollars for the effort.

President Trump said the U.S. has taken control of Venezuela's oil — 65 billion barrels.

Euro-area government bond yields held near multi-year highs on Thursday as investors awaited the European Central Bank policy decision. Analysts expect a 25bp hike, no fresh guidance and a reiteration of data dependence. Germany’s 10-year yield rose 0.5bp to 3.44% after touching 3.4514%, its highest since April 2011. Some market participants say rate-hike expectations may be overdone because energy-driven growth drag could help curb inflation; they warn that a dovish ECB tone could send borrowing costs sharply lower. Traders price the ECB deposit rate at 2.74% by December, up from 2.25% today—implying two more 25bp hikes—and expect 3.10% by Sept 2027, fully pricing a third hike and implying roughly a 40% chance of a fourth. A strategist at a German commercial bank, Erik Liem, said Lagarde’s response to recent bond moves will be watched closely and that even a small dovish hint could have a large market impact today.