The Fed has sought to reassure markets by highlighting a cautious stance on interest rates despite disappointing employment figures, signalling no immediate move to ease monetary policy.

Brussels reaffirms firm backing for Kyiv in the war, emphasising unity with Britain and the wider West to bolster security and cooperation.

Berlin’s planned overhaul of defence expenditure has fuelled market optimism for stronger European growth, driven by the prospect of significant debt limit reforms that mark a historic fiscal pivot.

Escalating levies imposed by the US have caused a broad European market slump, intensifying worries over a worldwide deceleration and prompting exporter concerns about further tit-for-tat actions.