Europe Asia News

Today, United Nations (UN) meetings, U.S. macroeconomic data and international diplomatic contacts will be closely monitored.

The second day of the Midterm Review Meeting of the New Urban Agenda, held at the UN headquarters in New York, will continue. The meetings are expected to address sustainable cities, the fight against climate change and urban resilience.

On the economic agenda, June housing starts and building permits data from the United States stand out. These figures are expected to be closely watched for indications regarding the outlook for the U.S. economy and expectations for monetary policy. In addition, markets will focus on remarks from European Central Bank (ECB) officials ahead of next week's ECB meeting.

On the international front, diplomatic contacts regarding the Russia-Ukraine war and developments in the Middle East will continue to be monitored. Statements from the parties involved and assessments by international organizations will also be followed closely in terms of the global political and economic agenda.