ECB Executive Member Schnabel: Energy shocks threaten to leave permanent scars.

ECB Executive Member Schnabel: We see limited transmission of deposit rates.

ECB Executive Member Schnabel: We see strong transmission of policy to bank loans.

European Central Bank Executive Committee Member Schnabel: The process of falling inflation is expected to slow down.

Turkish Energy Minister: Turkey will continue to purchase 4.4 billion cubic meters of liquefied natural gas from Algeria every year and has extended the existing agreement for three years.

European Central Bank Executive Member Schnabel: The European Central Bank has taken resolute policy actions to control inflation.

According to the Wall Street Journal: Trading platform Binance will plead guilty to the charges and pay a total fine of $4.3 billion.

According to the Wall Street Journal: Changpeng Zhao, CEO of trading platform Binance, will retain a majority stake in Binance.

Market News: U.S. Democratic Representative Anna Eshoo said she will not seek re-election.

Ukrainian military: Russian missiles hit port infrastructure in the southern Odessa region.

European Central Bank President Lagarde: We need to know the direction of fiscal policy.

According to the Wall Street Journal: Blackstone Group (BX.N) is close to completing a deal to acquire software developer Civica for $2.5 billion.

eBay (EBAY.O): We support the proposed voluntary acquisition of Adevinta. As part of the deal, eBay will sell a 50% stake in Adevinta for an estimated $2.2 billion.

Fitch: U.S. leveraged loan default rate rises above 3%.

Market news: The British national living wage will increase from 10.42 pounds per hour to 11.44 pounds per hour from April 2024, an increase of 10%.

Relevant memos show that Morgan Stanley co-president Andy Saperstein said he had been diagnosed with cancer.

The U.S. dollar index DXY rose 10 points in the short term and is currently at 103.49.

ECB President Lagarde: Our assessment is that strong wage growth mainly reflects a "catch-up" effect related to past inflation, rather than a self-fulfilling dynamic.