Spanish S&P Global Services PMI (Jun) 54.2 vs. Exp. 50.8 (Prev. 50.1)

Newsquawk StaffPublished 3 Jul 2026, 07:35 UTCOn the live feed at 07:15 UTC — 3 more headlines followed before this page went public

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07:30

Japan's Rengo says firms offered an average wage hike of 5.01% (vs. 5.25% Y/Y)

07:20

TotalEnergies (TTE FP) is offering Iraqi crude to Asian buyers, according to sources

07:15

Spanish S&P Global Services PMI (Jun) 54.2 vs. Exp. 50.8 (Prev. 50.1)

07:11

Ford (F) to recall 66.4k US vehicles

07:10

EUROPEAN OPEN: OCDO LN top investor calls for Chair removal; AIR FP H1 deliveries rise Y/Y to about 350 jets; RHM GY assesses F126 frigate cancellation impact; R3NK GY to acquire David Brown Defence; SUBC NO and SPM IM merger faces Phase 2 review

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"June’s figures at least ensure the sector avoids an outright contraction and, with the trajectory in growth upwards, has some decent momentum heading into the second half of the year".
"Also encouraging was a reduction in inflationary pressures, with both costs and selling prices rising to weaker degrees over the month".
"Whilst inflation rates remain uncomfortably high, policymakers will nonetheless be encouraged that the degree of pass-through of the energy price shock is somewhat muted, with output charges increasing at the slowest rate since January".

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