The European Central Bank could open the door to a weaker euro on Thursday as its first interest-rate cut of the cycle puts the region on a divergent policy path from the US. from Bloomberg Markets https://ift.tt/zmntflc

Chile President Gabriel Boric said he will introduce a bill to fully legalize abortion and will also accelerate debate on a euthanasia proposal, two plans that face an uphill battle for approval in a divided Congress. from Bloomberg Markets https://ift.tt/VlW2F6o

Companies sold a record volume of leveraged loans last month, taking advantage of the cash chasing credit. A glance at recovery rates for defaults, however, highlights a growing risk in this debt. from Bloomberg Markets https://ift.tt/nQugdwX

War in the Middle East and Europe, US-China tensions, climate change, threats from new technologies — geopolitical risk is everywhere. A coterie of fund managers are pitching a class of ETFs that claim to offer a hedge for all that uncertainty. from Bloomberg Markets https://ift.tt/0Gl6cok

Heavy rains in southern Germany and parts of Switzerland caused major disruptions to transport and communications, with thunderstorms set to intensify over the weekend. from Bloomberg Markets https://ift.tt/4vKcOFL

Peru’s annual inflation cooled more than expected in May, hitting the mid-point of the central bank’s target range, its lowest level in well over three years. from Bloomberg Markets https://ift.tt/9XfMDzh

The US housing market — long crippled by an inventory drought — is finally starting to see listings rise. But now, in many places, the buyers just aren’t showing up. from Bloomberg Markets https://ift.tt/V3ng7p8

The practice — which isn’t as popular as it once was — is the equivalent of swapping a $10 bill for 10 $1 bills. from Bloomberg Markets https://ift.tt/XVeg4KD

Prime Minister Narendra Modi’s party is set to win a majority in India’s election for the third time in a row, several early exit polls showed, extending his decade in power atop the world’s fastest-growing major economy. from Bloomberg Markets https://ift.tt/2T176WR

Each day, Bloomberg journalists take you across a selection of towns and cities as they gear up for the big vote. from Bloomberg Markets https://ift.tt/NQHz87x