Japan advances legal framework adjustment, spot Bitcoin ETF to be listed as early as 2028

The European Central Bank survey shows that core inflation is expected to be 2.4% in 2026 and 2.2% in 2027.

The European Central Bank survey shows that Eurozone consumers have lowered their inflation expectations for the next 12 months from 3.5% to 3.0%.

ECB Managing Director Sleipne stated that as long as the overall inflation outlook requires it, even without a second round effect, the ECB may raise interest rates in September.

ING stated that the threat of Red Sea shipping increases the risk of supply disruption, and Brent crude oil prices may rise by more than 12% this week. Brent crude oil closed above $100 per barrel and fell to $99.39 per barrel in early trading, a decrease of 1.3%; WTI crude oil fell 1.4% to $90.89 per barrel. ING analysts point out that if Brent crude oil prices approach $120 per barrel, the negotiation pressure faced by the US President Trump administration will increase. For Iran, ING pointed out that the current core issue is how long Iran can withstand a sharp decline in oil revenue under the US blockade.

According to Xinhua News Agency, Iranian media quoted Iranian officials as saying that the US military launched a missile attack on an Iranian Islamic Revolutionary Guard Corps naval base in Gilan Province, Iran. The attack caused damage to some equipment at the base, and no casualties have been announced yet.