**Germany’s Merz vows to fight on: ‘We are the firewall’** (Financial Times) Defiant chancellor tells the FT he is determined to drive through unpopular reforms and equip Europe for an age of upheaval
**EU leaders to urge Zelenskyy to rein in criticism of Trump** (Financial Times) Ukrainian leader’s comments about US president alarm European capitals
**US floats unfreezing some Russian assets** (Financial Times) European officials balked at proposal made by Donald Trump’s negotiators during meeting in Miami
**China indicates rare earths will keep flowing to EU, regardless of U.S. trade deal expiration** (CNBC) European trade commissioner Maroš Sefčovič met with Chinese Commerce Minister Wang Wentao in Beijing last week.
**Goldman says investors are looking for 'profitable' Chinese business growth overseas** (CNBC) Sluggish consumer demand in China has pushed many companies, such as electric car brands, to accelerate plans for entering other countries.
**Williams says Fed may not have to hike rates in 2027, at odds with traders** (CNBC) New York Fed President John Williams sees one more rate hike in 2026 but no additional increase in 2027 as inflation pressures ease.
**Higher rates could be needed to avoid 'inflationary mindset' taking hold, says Fed's Hammack** (CNBC) The Cleveland Fed president said that tighter monetary policy would be needed to bring down inflation.
**'Boring is not bad': CEO of Southeast Asia's largest bank pitches Singapore as a haven amid global turmoil** (CNBC) Singapore is a bastion of safety amid global turmoil, according to the CEO of DBS.
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Financial Times · CNBC
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