COP28 President: All governments should update their climate targets ahead of COP28, i.e. by September.

COP28 Chairman: We are working with governments to triple renewable energy capacity to 11,000 GW by 2030.

Confederation of Trade Unions: Hundreds of union members employed by the London Underground will stage a 24-hour strike on July 26 and 28 to protest over jobs and pensions.

U.S. Treasuries rose, led by short-term Treasury bonds; 2-year Treasury yields fell 11 basis points.

Bank of England survey: Mortgage loan demand increased in the second quarter.

BoE survey: UK lenders expect availability of unsecured credit to households to decline slightly over next 3 months.

Bank of England survey: UK lenders expect availability of secured loans to decrease over next 3 months.

Czech central bank deputy governor: June inflation data confirms that monetary policy has tightened enough.

GBP/USD extended its gains to 0.50% on the day and is now at 1.3051.

IEA monthly report: OECD oil inventories fell by 1.8 million barrels in May.

IEA Monthly Report: Global oil inventories increased by 19.4 million barrels in May and decreased by 9.2 million barrels in June.

IEA monthly report: OECD oil demand is expected to decrease by 270,000 barrels per day in 2024, and non-OECD oil demand will increase by 1.4 million barrels per day.

IEA Monthly Report: The forecast for oil demand growth in 2024 was raised by 290,000 barrels per day.

IEA Monthly Report: Global oil demand is expected to increase seasonally by 1.6 million barrels per day from the second quarter to the third quarter of 2023.

European Central Bank Governing Council Visco: Banks must set aside funds to deal with risks and should avoid paying dividends to shareholders.

Masato Kanda, Deputy Minister of Finance of Japan: G7 is expected to discuss Ukraine, multilateral development banks and international tax issues.