ECB board member Rehn: The downward trend in inflation is proceeding as planned.

Market news: Ukraine extends the advance consent deadline for the exchange offer to August 27.

British Navy: Three fires were discovered on a ship drifting in the Red Sea.

The London Metal Exchange (LME) has received complaints about warehouse company Istim Metals raising its fees. The LME is investigating the fee hikes.

On the afternoon of the 23rd local time, air defense sirens sounded continuously over many places in northern Israel, including Safed. The Israeli military said it was investigating the incident and there was no news of casualties.

Bank of England Governor Bailey: Inflation expectations appear to be better anchored.

Bank of England Governor Bailey: The economic costs of continued lower inflation appear likely to be lower than in the past.

Bank of England Governor Bailey: The second-round effects of inflation appear to be smaller than we expected.

Bank of England Governor Bailey: Cautiously optimistic that inflation expectations will be better anchored.

Bank of England Governor Bailey: It is too early to declare victory over inflation.

World Organization for Animal Health (WOAH): Poland reports an outbreak of H5N1 avian influenza at a poultry farm in western Poland.

The Philadelphia Semiconductor Index rose 3.2% amid a broad gain in the broader market.

ECB: Hopes to announce results of strategic review at Sintra Forum.

The Russell 2000 index rose more than 2% during the day.

After the speech by Federal Reserve Chairman Powell, the inversion of the U.S. 2-year and 10-year Treasury yield curve narrowed, now at 15.2 points, and this piece is 17.6 points.