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Morgan Stanley: It is currently expected that the Bank of England will keep interest rates unchanged in June, compared with the previous forecast of a 25 basis point rate cut.On Friday, Russian President Vladimir Putin said Russia will achieve its strategic goals in Ukraine, insisting that Russia is united behind the conflict. "Truth and justice are on our side," Putin said at the Victory Day parade on May 9. The entire country, society and people support the participants in the military action against Ukraine, "and this spiritual force always brings us victory." U.S. President Donald Trump previously posted on social media: "I hope both Russia and Ukraine can abide by an acceptable ceasefire agreement." "If the ceasefire agreement is not respected, the United States and its partners will impose further sanctions." Putin did not mention Trumps statement in his speech.According to Yonhap News Agency: A South Korean court rejected Kim Moon-soos request to confirm his status as the Conservative Partys presidential candidate.On May 9, Germanys new Chancellor Merz said that Europe supports Trumps plan for a 30-day ceasefire between Russia and Ukraine, and that both the EU and the US are ready to increase sanctions pressure on Moscow if Moscow does not take peace talks seriously. Merz added that the EU and the US will continue to support Ukraine and increase aid when necessary, although he said Germany continues to oppose financing defense spending through joint EU debt. "We call on Russia to finally embark on the path of real peace talks," he said. "If this is not done, we will not hesitate to increase sanctions pressure together with our European partners and the United States."Bank of England Governor Bailey: The global economic environment is likely to continue to be challenging and more unpredictable than ever before.

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