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Meanwhile, the regulatory landscape faces unprecedented pressures as financial authorities struggle to adapt statutory frameworks to rapid technological advancements.
"Technology moves incredibly fast, and we need to think differently about some of the innovations that we are seeing on AI," said Nikhil Rathi, CEO of the U.
K.' s Financial Conduct Authority.
Political shifts also entered the financial spotlight as European Central Bank President Christine Lagarde addressed speculation regarding her future tenure.
"I think a European voice must be heard in the French presidential debate," said Lagarde.
She noted that an early exit ahead of the 2027 French presidential elections remains a distinct possibility.
"If this debate were to present a perspective that diminishes France's place within Europe, I think it would be necessary to explain why this would be a painful path for our country and our citizens," she added.
The central banker did not rule out direct participation in the upcoming political campaign to support a candidate or run independently.
"I'm going to ask myself some questions," Lagarde said.
In commodities and currencies, spot gold prices jumped 1.5 percent to $4,182.40 an ounce, putting the metal on track for its first weekly gain in five weeks.
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Brent crude oil futures stabilized near $72.26 a barrel.
