Poland has been left fuming after its airspace was repeatedly violated by Russian drones during today’s attack on Ukraine. In response, Poland shot down several of the offending drones, deeming it an “unprecedented airspace violation.” This latest development comes as tensions between Russia and Poland continue to escalate, with both sides accusing each other of aggression.

Meanwhile, US President Trump has reportedly asked the European Union to impose 100% tariffs on China and India in an attempt to pressure Russian President Putin to end the war in Ukraine. While the EU has yet to comment on the matter, it’s clear that the situation is heating up.

In other news, a US judge has temporarily blocked President Trump from removing Federal Reserve Governor Cook. This move comes as no surprise, given the president’s controversial track record when it comes to central bank appointments.

Further afield, French President Macron has appointed Sebastien Lecornu as his new prime minister, according to BFM. While this appointment is unlikely to have a significant impact on the global economic landscape, it does highlight the ongoing power struggles within the European Union.

Looking ahead, investors will be keeping a close eye on key economic data releases, including Norwegian CPI (Aug), US PPI (Aug), Wholesale Sales (Jul), and comments from SNB’s Schlegel, supply from UK, Germany & US. With tensions running high across the globe, it’s clear that the world is in for a bumpy ride in the coming weeks and months. Stay tuned for more updates!