European Central Bank

Leadership change at the European Central Bank must be well-planned to minimise market risk

The country must enter the euro with an economy that can function well within a monetary union

Short-term interest-rate futures reflected about a 60% chance of an interest rate hike from the Fed

Business confidence rises to a four-month high in June, but sentiment remains below the historical average

Fragmentation risks economic and financial instability unless accompanied by government action

The war and closure of the Strait of Hormuz have made fuel more expensive for the energy-importing union

Salaries will rise by an annual 2.6% in Q3 and Q4, the European Central Bank predicts

The main concern is that it will take time to restore production capacity, repair infrastructure and get ships sailing again

Overall usage of the common currency has risen to about 20%: ECB