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US President Donald Trump urged Russia on Sunday to stop its attacks in Ukraine, while his top diplomat said the US might walk away from peace efforts if it does not see progress, per Reuters. 

United States CFTC S&P 500 NC Net Positions declined to $-75.9K from previous $-63.1K

United States CFTC Oil NC Net Positions up to 171K from previous 146.4K

United States CFTC Gold NC Net Positions declined to $175.4K from previous $202.2K

Bloomberg (gated) carried comments from Gediminas Šimkus, Chairman of the Board of the Bank of Lithuania and European Central Bank Governing Council member (the monetary policy making board of the Bank).

Bloomberg is gated, but in brief:

ECB could lower interest rates at least two more times this year, citing:

• global trade weakness, largely caused by new US tariffs, is bringing a new threat to Europe’s economy
• inflation was declining and could slow down even further in the months ahead
• still room to ease policy without generating financial instability or overheating the economy

Simkus added that more negative surprises would be needed to move lower.

This article was written by Eamonn Sheridan at www.forexlive.com.

Trump is also losing confidence among voters in his ability to handle immigration.

TikTok’s dominance in short-form video has reshaped social media. Rivals like Meta, YouTube and LinkedIn are investing to compete for users and ad dollars.

China will hold a press conference about policies and measures on stabilizing employment, ensuring stable growth, and promoting high-quality development on Monday, per Bloomberg. 

Robert Walters, a senior vice president at AT&T, says focusing on being among the top performers can create better ongoing benchmarks and reduce competition.

‘It’s the old poors teaching the new poors,’ said one content creator.