European Central Bank Governing Council Villeroy: It is normal for some wages to follow inflation.

ECB Governing Council Villeroy: The inflation situation justifies maintaining our (tight) monetary policy.

European Central Bank Governing Council Villeroy: We have completed most of the rate hike cycle.

ECB Governing Council Villeroy: Fiscal policy has only a temporary role in curbing inflation.

ECB Governing Council Villeroy: France can no longer afford unfunded tax cuts.

European Central Bank Governing Council Villeroy: Potential inflation risks are more persistent.

Production at Turkish steelmaker Isdemir has returned to pre-earthquake levels.

Brent crude oil rose more than 1.00% in the day and is now at $82.42 per barrel.

US Secretary of State Blinken: The convoy trying to leave Khartoum was robbed and other problems.

META will lay off 343 people in New York City, the documents show.

European Commission Vice President and "Foreign Minister" Borelli: About 20 flights are expected to be withdrawn from Sudan on Monday.

When asked about the Emergency Pandemic Purchase Program (PEPP), European Central Bank executive member Schnabel said that we have not discussed whether we will change the plan, and the forward guidance so far is that there will be full reinvestment by the end of 2024.

ECB executive member Schnabel: The ECB cannot bow to financial dominance.

ECB executive Schnabel: There is no reason to believe a recession is imminent.

European Central Bank executive member Schnabel: Interest rates must be set meeting by meeting.

ECB executive member Schnabel: The ECB needs to see a sustained slowdown in core inflation.

European Central Bank executive member Schnabel: Core inflation is likely to peak in the next few months.

Spot palladium prices fell 5%.