Bank of England: If the impact of quantitative tightening is greater than expected, the level of bank interest rate provides room for more relaxed policy if necessary.

Bank of England: Consumer price index is expected to rise to around 2.75% in the second half of 2024 as the energy base effect weakens.

Bank of England: The unemployment rate is expected to be 4.4% in the fourth quarter of 2024 (forecasted at 4.4% in May); 4.7% in the fourth quarter of 2025 (forecasted at 4.7% in May), and 4.7% in the fourth quarter of 2026 (forecasted at 4.8% in May).

Bank of England: Private sector wage growth is expected to be 5.0% in the fourth quarter of 2024 (5.00% forecast in May), 3.0% in the fourth quarter of 2025 (3.0% forecast in May), and 2.75% in the fourth quarter of 2026 (2.75% forecast in May).

Bank of England: There is uncertainty about the interaction between lowering bank rate and quantitative tightening.

Bank of England: Will closely monitor the risks of continued inflation.

Bank of England: Will decide the "appropriate" degree of policy restrictiveness at each meeting.

Bank of England: GDP rebounded sharply, but the underlying momentum appears weak.

Bank of England: Inflation risks are tilted to the upside.

Bank of England: Inflation pressure is expected to ease in the coming years due to restrictive policies.

The Gaza Media Office released a report, preliminarily estimating that direct economic losses in the Gaza Strip reached $33 billion.

US Geological Survey: A 5.6-magnitude earthquake occurred 145 kilometers southeast of Cape Sound, Alaska.

Citi: Raised Meta Platforms (META.O) price target from $550 to $580.

British Medical Association: Family doctors in England have voted overwhelmingly in favour of collective action.

Saudi Aramco shares fell 0.5%, approaching their lowest closing price since August 2020.