JIA HUANG CAPITAL: The European Central Bank is expected to discuss various scenarios next week.

In a report, Jiahong Capital Markets stated that it believes the European Central Bank will hold a very cautious meeting, during which various scenarios will be discussed and the ECB will clearly state that it is open to all options. The bank stated: "We maintain our view that there will be no interest rate hikes this year, but we are prepared to adjust this view if the situation in the Middle East becomes clearer." According to data from the London Stock Exchange Group, the currency market currently reflects an expectation of a 40 basis point rate hike in 2026, with a full rate hike expected in July. The bank stated: "But we are also prepared to adjust this view if the situation in the Middle East becomes clearer."