Throughout the month, the STOXX 600 navigated escalating Middle East military friction, volatile energy prices, and murky interest rate guidance from major central banks. Underlying core inflation - which excludes volatile food and energy - accelerated to 2.5%, while services inflation remained elevated at 3.3%. On the corporate front, Credit Agricole rose 2.1% after the French lender topped second-quarter profit forecasts, bolstered by strong retail and investment banking revenue. Meanwhile, the Swiss National Bank posted a massive second-quarter profit, benefiting from foreign currency gains and rising equity valuations. British Airways parent IAG also dropped 1.4% following a sharp fall in second-quarter operating profit.