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German lawmakers approved several defence orders including a EUR 12bln warship order for TKMS (TKMS GY), and a EUR 462mln order for a Rheinmetall (RHM GY) laser deal

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Geopolitics

US Treasury official says the latest removal of sanctions on Iran is not indicative of any shift in US policy toward the Government of Iran, Fox's Heinrich reports

Fed

Fed's Kashkari (2026 voter, Hawkish dissenter) says now is the time to start slowly moving up rates, but not calling for dramatic rate hikes

Geopolitics

Arab sources report missile attack on Bahrain, Fars reports