European Union — European Central Bank & Shanghai Stock Exchange Composite Index

European Union — European Central Bank: The European Union — European Central Bank raised interest rates in response to inflation fueled by the Iran war, becoming the first major central bank to do so, aiming to dampen consumer price inflation.

Shanghai Stock Exchange Composite Index: The Shanghai Stock Exchange Composite Index lost ground amid global market uncertainty.

European Union — European Central Bank: The European Union — European Central Bank raised interest rates in response to accelerating inflation, reflecting the global impact of high oil prices and economic pressures.

Shanghai Stock Exchange Composite Index: The Shanghai Stock Exchange Composite Index index experienced a slight fall, reflecting the general cautious sentiment in Asian markets.

European Union — European Central Bank: The European Union — European Central Bank (ECB) welcomed the US-Iran ceasefire, with President Christine Lagarde noting its potential to reopen the Strait of Hormuz. However, policymaker Joachim Nagel cautioned that it would not bring immediate relief to high euro zone inflation, influencing market expectations for future rate hikes.

Shanghai Stock Exchange Composite Index: China's Shanghai Stock Exchange Composite Index fell, indicating a slightly negative trend in Asian markets.