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\n Share:<\/span><\/p>\n Here is what you need to know on Monday, June 26:<\/p>\n Markets remain relatively quiet to start the week as investors turn their attention to the European Central Bank’s annual Forum on Central Banking in Sintra that will kick off with ECB President Christine Lagarde’s speech at 1730 GMT. The US economic docket<\/a> will feature the Federal Reserve Bank of Dallas’ Texas Manufacturing Survey. Germany’s IFO Institute will also release business sentiment data for June.<\/p>\n Over the weekend, tensions between the Wagner mercenary group and Russian President Vladimir Putin eased after the sides reached an agreement late Saturday. Meanwhile, “China needs to step up measures as soon as possible to bolster a faltering post-COVID recovery in the world’s second-largest economy,” said Ning Jizhe, deputy head of the economic committee of the Chinese People’s Political Consultative Conference (CPPCC). . Nevertheless, S&P Global announced that it lowered its forecast for China’s Gross Domestic Product (GDP) growth to 5.2% from 5.5% this year. Following these developments, investors seem to have adopted a cautious stance early Monday, with US stock index futures trading modestly lower on the day.<\/p>\n The ECB’s forum is entitled “Macroeconomic stabilization in a volatile inflation environment.” Many prominent central bankers, including FOMC Chairman Jerome Powell and Bank of England President Andrew Bailey, will be speaking at this event later in the week.<\/p>\n