News

Market news: Gulf airlines are looking to take over Boeing and Airbus planes originally reserved for Air India as it considers delaying aircraft deliveries.

Bank of America Global Research raised its end-2026 target for the Stoxx Europe 600 Index from 590 points to 630 points.

Ukrainian National Security Service: Ukraine attacked a Russian air base in Crimea, at least seven fighter jets were destroyed or damaged.

Bank of America Global Research upgraded its rating on the European telecoms sector from "neutral" to "overweight."

Bank of America Global Research upgraded the UK market rating to "overweight" from "neutral".

ECB Governing Council Member Mullan: The first priority is to restore inflation to the target level. The second task is monetary sovereignty.

ECB Governing Council Member Mullin: France has strong debt demand and needs to stick to its fiscal commitments.

ECB Governing Council Member Mullan: We have not seen any secondary effects so far.

European Central Bank Governing Council Member Mullan: We will ensure that we will not release a signal to start a new round of interest rate hike cycles.

ECB Governing Council Member Mullan: We have not made any commitments about the next meeting.

ECB Governing Council member Mullan: Growth in June was weak and lacked vitality. Don't expect a big jump in growth in the second quarter.

ECB Governing Council member Mullan: We are satisfied with the basic scenario.

ECB Governing Council Member Mullan: What happened in the Strait of Hormuz is good news for the world.

ECB Governing Council Member Mullan: We will issue new forecasts in September.

European Central Bank Governing Council Member Mullan: Raising interest rates in June is the right decision.

ECB Governing Council member Mullan: Falling oil prices will lessen the impact on the service industry.

ECB Governing Council Member Mullan: We are in a good position. The risk balance is in a reasonable position.

ECB Governing Council Member Mullan: There is good news on oil prices.

Monaco prosecutor: The car driven by the Monaco suspect had a German license plate and passed through Italy and some other countries.

Southbound funds bought a net 4.538 billion yuan today. In terms of Southbound Trading (Shanghai), Kingboard Laminated Board and Tencent Holdings received net purchases of HK$723 million and HK$423 million respectively; UBTECH ranked first in net sales, amounting to HK$551 million; Hong Kong stocks In terms of Tong (Shenzhen), Xiaomi Group-W and Kingboard Laminated Board received net purchases of HK$492 million and HK$181 million respectively; Huahong Grace ranked first in net sales, with an amount of HK$1.319 billion.