In Germany, overall economic activity declined at the fastest pace since the first wave of the pandemic, in May 2020.

Manufacturing output stagnated, but the overall rate of expansion in the Eurozone economy rose to the highest level in 10 months.

Inflation is front-and-center in policymaking, but "this is not a shock-and-awe Volcker moment."

European companies may lose access to London clearinghouses in a no-deal Brexit; $74 trillion of derivatives contracts are at risk.

EU negotiators reached a deal on legislation to inspect and demand changes at foreign firms that fail to meet the bloc's oversight standards.

In the event of a no-deal Brexit, the EU may grant 'equivalence' to U.K.-based clearinghouses.

EU watchdogs step up to reassure markets, reversing course from prior position that responsibility for navigating Brexit would fall entirely on corporate shoulders.

Policymakers move to prevent rupture in global derivatives market.