A Poland MPC member said inflation uncertainty is high and that fiscal policy over the next few quarters will not curb inflationary pressures.

瑞士隆奧銀行（Lombard Odier）表示，韓國宣佈放寬保證金貸款規定，以遏制股市強制拋售，表明韓國當局對股市波動高度敏感。這與存儲芯片行業對韓國整體宏觀經濟前景的重要性有關。 該行高級宏觀策略師Homin Lee表示：“對於韓國政府而言，韓國綜合股價指數（KOSPI）5000點顯然是一個十分敏感的水平，而今天上午對保證金貸款規定的調整進一步強化了這一判斷。”他補充稱：“股價大幅下跌實際上會增加韓國政府採取政策干預措施的空間。”

Microsoft has stopped renewing its AI compute rental contract with Oracle and has been winding down rented capacity over recent months, people familiar with the matter said. Oracle supplied servers using older-generation NVIDIA GPUs that Microsoft says no longer meet its specifications. The parties struck the deal in 2023 to support the revamped Bing; financial terms were not disclosed. Oracle said demand for its AI infrastructure remains strong and that older GPUs still have a market. Microsoft is reassessing external AI compute partners and has committed more than $80 billion of compute rentals to emerging providers including CoreWeave, Nscale and Nebius. Microsoft executives have grown increasingly frustrated with high supplier costs and delivery delays, tightening data-center project reviews, exiting some higher-risk projects and reconsidering new compute agreements. Oracle’s cloud is expanding rapidly but heavy capex has pushed free cash flow negative, stoking investor concern over AI infrastructure returns; shares fell as much as 4.6% intraday after the report and were about 3% lower at the time of reporting after an earlier ~3.5% gain.