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United Kingdom BRC Shop Price Index (YoY) came in at 1% below forecasts (1.5%) in April

US Treasury Secretary Bessent: Working with Iranian airlines risks sanctions

US Treasury Secretary Scott Bessent warned that the United States (US)  will place sanctions on anyone conducting business with sanctioned Iranian airlines as commercial flights resume from Tehran, the Wall Street Journal reported on Monday.
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EUR/USD edges higher above 1.1700 as Fed and ECB decisions loom amid US-Iran standoff

The EUR/USD pair trades with mild gains around 1.1725 during the early Asian session on Tuesday. However, the potential upside might be limited as market sentiment remains fragile due to stalled US-Iran peace talks.
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