Lizzie Burden

As economists surveyed by Bloomberg see the Monetary Policy Committee splitting 7-2 in favour of a hold.

Traders are still pricing in one quarter point rise this year, but many economists think rates have already peaked.

And the England manager Thomas Sukal has praised his team's second half performance after they beat Croatia 4-2 in their opening Group L game of the World Cup.

Captain Harry Kane scored twice while Jude Bellingham and Marcus Rashford were also on target.

The teams went into the break level at 2-2 and Kane said a half-time message from the manager inspired the win.

England are the early leaders in Group L heading into next Tuesday's clash with Ghana.

Right, let's think about the markets this morning.

That's news when you want it with Bloomberg News Now.

I'm Lizzie Burden.

I'm Caroline Hepka and this is Bloomberg.

A new chapter in global growth is being written and much of it is happening in Africa.

I'm Jennifer Zabasaja.

Every week on the Next Africa podcast, we track capital flows and political shifts shaping the continent's future.

Listen to Next Africa on Apple, Spotify or wherever you get your podcasts.

News when you want it with Bloomberg News Now.

I'm Lizzie Burden.

And I'm Caroline Hepker.

US President Donald Trump is promising the Strait of Hormuz will reopen by the end of the week.

But European allies don't share his optimism.

As leaders gather in France for the G7 summit, one official told Bloomberg there are serious difficulties in finding a common position, with few expecting a joint communique.