MondayOver the weekend, Iran launched its retaliatory attack against Israel with drones and ballistic missiles. There were no casualties and 99% of the attack was neutralised. Iran eventually said that the matter could be deemed concluded. There was some initial risk on sentiment, but things turned around pretty soon as Israel pledged to retaliate. Eventually, Israel did retaliate on Friday night although the attack seemed limited based on various reports and Iran downplayed the airstrikes. This should have put an end to this episode, and we should go back focusing on macro. ECB’s Villeroy (neutral – voter) confirmed the incoming rate cuts:Barring a surprise, we should decide on the fir
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