UK S&P Global Manufacturing PMI Final (Jun) 52.5 vs. Exp. 53.1 (Prev. 53.9)
EU antitrust regulators say Paramount (PKSY) has offered remedies to secure EU approval for the Warner Bros (WBD) deal
Indirect US-Iran technical talks are reportedly underway in Doha, with Qatar and Pakistan acting as mediators; sessions involve chief negotiators and specialist teams, sources suggest
UK S&P Global Manufacturing PMI Final (Jun) 52.5 vs. Exp. 53.1 (Prev. 53.9)
[MARKET ANALYSIS] European bourses broadly softer to start Q3, softer NKE outlook weighs on its European peers
[MARKET UPDATE] Brent and WTI continue to pullback, no fresh driver into Doha; move potentially from the positive skew to current expectations as the US and Iran are expected to hold indirect talks and after Trump’s openness to extending deadlines
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- “The UK manufacturing sector ended the second quarter of the year on a positive note, with output expanding at the fastest pace since September 2024".
- "Manufacturers' optimism about the year ahead also remains tepid, with many concerned about geopolitical tensions and uncertain over the future course of government policy".
- "Although input cost inflation remained elevated as severely strained supply chains led to raw material shortages and higher vendor charges, the recent drop in energy prices has helped reduce the overall rate of inflation, leading to a similarly welcome slowing in the rate of increase of factory selling prices".
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