Eurozone & Kevin Warsh

Eurozone: The Eurozone is experiencing inflation above the European Union — European Central Bank's target, driven by increased energy costs due to the Iran war, and is facing mediocre economic growth.

Kevin Warsh: Kevin Warsh, the new Chair of the United States — Federal Reserve, is known for his hawkish stance on interest rates and has emphasized the threat of elevated inflation, which is a direct consequence of the Iran war.

Eurozone: European Union — European indices were mixed; the euro fell as the region is more reliant on foreign oil, raising inflation concerns.

Kevin Warsh: Fed Chair Kevin Warsh is set to testify before Congress; his comments on inflation and rates are closely watched.