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  1. Rivals for the Labour leadership contest are active, with Keir Starmer facing challenges from key allies and opponents.
  2. Keir Starmer announced his resignation outside 10 Downing Street, citing political instability caused by Brexit forces.
  3. Starmer's departure opens path for Burnham's leadership.
  4. Leadership potential affects UK economic outlook, with the potential chancellor role being a key signal amidst a tech sell-off.

Christine Lagarde downplayed inflation worries as leadership succession adds market uncertainty, with markets betting on hawkish Fed policy.

2 reports, 2 independent Updated Jul 2
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Christine Lagarde downplayed inflation worries as leadership succession adds market uncertainty, with markets betting on hawkish Fed policy.

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  1. Central bank and political leaders discuss economic policy amid ceasefire impacts.1 source
  2. The ECB holds its annual forum in Sintra while Burnham campaigns against Starmer, amid currency market monitoring.Sub-event
  3. ECB leadership and market expectations are factoring into the leadership succession issue.1 source

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