Market news: Reddit applied for an IPO to issue 22 million shares, with an expected price range of US$31 to US$34 per share, and the stock code is RDDT.

Norwegian National Petroleum Council: Stopping oil and gas exploration is costly.

Eurogroup Chairman Donoghue: The euro zone economy should avoid the risk of recession.

Eurogroup President Donoghue: We are controlling inflation and still see the economy will grow.

Eurogroup President Donoghue: There may be EU tools to fund long-term defence.

Eurogroup President Donoghue: There are many different views on funding defense spending. Short-term defense will be financed through state funds.

Eurogroup Chairman Donoghue: If individual countries want to do more on the Capital Markets Union, that’s up to them.

Eurogroup President Donoghue: My role is to find consensus among all ministers.

Eurogroup Chairman Donoghue: Confident that the Capital Markets Union (CMU) plan will be unanimously agreed.

According to the Wall Street Journal: EQT, the largest natural gas producer in the United States, will acquire Equitrans Midstream, a U.S. natural gas gathering company, at a price of US$12.50 per share, valuing the combined company at more than US$35 billion.

UBS Global Research: The Bank of England is expected to start cutting interest rates in August, previously expected to be in May.

Belarusian Ministry of Defense: Belarus has begun a comprehensive inspection of the combat readiness of its armed forces.

Nvidia (NVDA.O) rose more than 2% before the market opened, after falling more than 2% before.

London Metal Exchange (LME): Aluminum inventories decreased by 2,375 tons, copper inventories decreased by 1,950 tons, nickel inventories decreased by 18 tons, lead inventories remained unchanged, tin inventories decreased by 35 tons, and zinc inventories decreased by 325 tons.

Kremlin: West’s goal of trying to “strategically defeat” Russia is a profound misunderstanding.

Kremlin: Russian President Vladimir Putin has repeatedly expressed his willingness to resolve the situation through negotiations. Ukraine has not allowed negotiations to end the conflict.

Brent crude oil exceeded $82 per barrel, rising 0.51% on the day.

The Polish zloty reached its highest level in four years against the euro, trading at 4.2915.

The Polish president will propose that NATO defense spending be 3% of GDP.