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European and U.S. equities post best quarter since 2020
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Europe and Wall Street notch their best quarter since 2020 with tech and A.I. stocks leading the gains. The energy sector continues to suffer amid Middle East uncertainty. The euro zone’s largest economies see June inflation slowing but Bank of England governor Andrew Bailey tells CNBC he is frustrated the conflict with Iran is still keeping prices high. We are live at the ECB Forum in Sintra hosting a headline panel. New Federal Reserve Chairman Kevin Warsh is due to speak as well. U.S. peace envoys Jared Kushner and Steve Witkoff arrive in Doha for negotiations but direct talks with Iran remain off the agenda for now. Meanwhile, Tehran says it is selling oil with a 20 per cent mark-up following the reopening of the Strait of Hormuz.
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