ECB President Lagarde: Data dependence does not mean dependence on a single data point.

IMF: The U.S. should consider reducing deductions for mortgage interest and state and local taxes, while raising taxes on gasoline and diesel.

IMF: The United States should consider gradually raising income tax rates for households with annual incomes below $400,000.

ECB President Lagarde: Productivity recovery is limited.

ECB President Lagarde: Survey shows high wage growth will decline in 2025 and 2026.

IMF: The U.S. should consider reducing tax exemptions for employer-paid health care and capital gains from the sale of a primary residence.

ECB President Lagarde: Internal inflation is clearly too high.

ECB President Lagarde: We strongly support the principle of fiscal discipline.

South African Reserve Bank: Core inflation is expected to average 4.6% in 2024, 4.4% in 2025 and 4.5% in 2026.

Amazon (AMZN.O): The 2024 Prime Day event achieved record sales.

Amazon (AMZN.O): Prime Day members bought more items this time than any previous Prime Day.

ECB President Lagarde: Credit dynamics remain weak.

ECB President Lagarde: Wages, profits and geopolitical factors put upward pressure on inflation risks.

ECB President Lagarde: Financing costs remain restrictive.

ECB President Lagarde: Wages are still rising rapidly.

ECB President Lagarde: Temporal inflation remains high.

ECB President Lagarde: Welcome EU guidance to promote fiscal sustainability.

Market news: Tesla (TSLA.O) has provided 15.3 gigawatt-hour Megapacks to Intersect Power, a developer of large-scale renewable energy projects.

UK two-year gilt yields fell to their lowest level since May 2023, down around 5 basis points on the day.