GBP/USD shed as much as 0.50% on the day to trade at 1.2350.

Dubai Mercantile Exchange (DME): The price of Oman crude oil in July was US$71.71/barrel, down US$11.57 from US$83.28/barrel in June.

Visco, Governor of the Bank of Italy: As the cost of public debt gradually rises, reducing public debt remains the top priority.

Bank of Italy Governor Visco: Managing immigration requires well-designed training and integration policies.

Visco, Governor of the Bank of Italy: There is "urgency" on the national recovery plan, and continuous and constructive liaison with the European Commission is absolutely necessary.

Bank of Italy Governor Visco: Net migration needs to increase in the next 20 years to support Italian economic growth.

ECB Governing Council Visco: The risk of underbalancing and disproportionate monetary policy tightening is a "difficult challenge".

European Central Bank Governing Council Visco: Key interest rates are already at tightening levels and we must move forward in an appropriately gradual manner.

European Central Bank Governing Council Visco: Long-term inflation expectations still meet the definition of price stability.

ECB Governing Council Visco: The risk of a wage-price spiral remains low.

ECB Governing Council Visco: Core inflation remains high.

ECB Governing Council Visco: The ECB must ensure a gradual rather than slow return to the 2% inflation target.

Market news: Five members of a Palestinian militant group were killed in an overnight explosion on the Lebanese-Syrian border.

European Central Bank Vice President Guindos: The market is steadily and actively absorbing the impact of quantitative tightening measures.

The Stoxx Europe 600 index narrowed its losses to 0.2%.

European Central Bank Vice President Guindos: Overall inflation will fluctuate.

European Central Bank Vice President Guindos: The inflation problem has not been resolved, but the inflation trend is correct.

Macquarie: The nickel market is expected to be in surplus until at least 2027.