ECB survey indicates inflation outlook remains broadly unchanged.

Eurozone ECB 1-year CPI expectations declined to 3.0% in June from 3.5% previously, while 3-year expectations stood at 2.8%.

ECB's Kocher states there is no hard evidence of second-round effects in inflation.

The European Central Bank held interest rates steady and reaffirmed its data-dependent, meeting-by-meeting policy approach.

ECB President Lagarde said inflation is expected to remain well above target until H1 2027 amid energy price concerns, with traders anticipating a September rate hike.

ECB data shows 74 million euros borrowed via the overnight loan facility and 2.004 trillion euros deposited.

Reuters posed five key questions facing the European Central Bank as the institution appears to be returning to a challenging starting point.

ECB chief economist Lane stated that the ECB is facing a mid-sized inflation shock and will reach its 2% target in about a year.

WTI crude oil surged 7% intraday, breaking above $93/barrel; Brent crude rose over 5% to $95.31/barrel.

The ECB is expected to keep rates unchanged today, with the market pricing 47 bps of tightening by year-end and a 73% chance of a September hike; focus is on Lagarde's press conference. US jobless claims are also due, with Initial Claims expected at 212K.

ECB is to pause rate hikes but signals that more may be needed.

European bond yields remain elevated as the crude oil rally fuels hawkish central bank bets.

President Trump said he would handle a possible Red Sea blockade if it occurs.

ECB survey reports that banks expect further tightening in credit standards across all loan categories.

Eurozone final CPI for June confirmed at 2.8% year-on-year, core at 2.4%, and month-on-month at -0.1%, all in line with estimates and prior readings.

Eurozone final CPI year-on-year for June came in at 2.8%, matching both the forecast and the previous reading.

Italy's June final HICP month-on-month was 0%, below the 0.1% forecast and previous 0.1%.

Chinese domestic futures closed mixed overnight, with PTA down over 2%, synthetic rubber up over 1%, and plastic and soybean meal up nearly 1%.

German Chancellor Merz stated there is no need to decide on the next ECB president soon, praising Christine Lagarde's performance.