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Friedrich Merz’s proposal to utilize frozen Russian assets at the recent EU summit was overridden in favor of joint Ukrainian debt issuance, signaling evolving EU financial strategies amid the conflict.

The US Dollar Index (DXY) continues its upward momentum, trading above 98.50 as investors anticipate the upcoming University of Michigan consumer sentiment survey.

Bank of Japan Governor Kazuo Ueda provides insights on the recent 25 basis point rate hike, signaling shifts in Japan’s monetary policy and broader economic stance.

Growing skepticism around inflation data and geopolitical tensions with Venezuela are fueling market uncertainty and impacting global economic sentiment.