ECB Governing Council Herodotou: We are in tightening territory.

European Central Bank Governing Council Herodotou: We are starting to see the first signs of the impact of interest rate hikes on the economy.

ECB Vice President Guindos: Wage growth will accelerate

European Central Bank Vice President Guindos: In 2023, profit margins will not continue to grow at the rate of 2022.

ECB Governing Council Herodotou: Bank turmoil could tighten financial conditions.

European Central Bank Governing Council Herodotou: Trade fragmentation is another area that needs attention.

The FAA established an independent aviation safety review team.

European Central Bank Governing Council Herodotou: Wage growth is a challenge that must be watched.

Czech Prime Minister: The Czech government approves the defense cooperation agreement with the United States.

European Central Bank Vice President Guindos: We must pay attention to financing conditions.

ECB Vice President Guindos: Core inflation is more sticky.

ECB Vice President Guindos: Headline inflation will continue to slow.

Spot gold rebounded by nearly $5 in the short term and is now at $1997.87 per ounce; spot silver is up $0.17 in the short term and is now at $25.03 per ounce.

USD/JPY erased some of its gains against the yen and fell nearly 20 points in the short-term to 133.70.

U.S. Treasury yields retreated as U.S. stock futures rose, with Nasdaq futures up 0.8%.

White House budget chief Sharanda Young said the U.S. should not take a default lightly on the Republican debt ceiling bill.

Spot gold fell by $4 in the short term and is now at $1997.38 an ounce.