UK S&P Global Services PMI Final (Jun) 48.8 vs. Exp. 48.7 (Prev. 49.3)

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Iranian Parliament Speaker Ghalibaf says that if the US and Israel do not fulfill their commitments, and Iran will resume its appropriate measures

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UK S&P Global Services PMI Final (Jun) 48.8 vs. Exp. 48.7 (Prev. 49.3)

[MARKET ANALYSIS] XAU extends to fresh post-NFP highs, crude contained

ECB President Lagarde says she received nearly 30 application to tap ECB repo lines; around 30 countries have asked for access to Repo lines

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  • "June data confirmed a clear loss of momentum for the UK economy during the second quarter of 2026, following a positive start to the year". 
  • "Strong cost pressures, lacklustre demand and business uncertainties arising from the Middle East conflict were the most prominent themes highlighted by service sector firms in June".
  • "There was better news on the inflation front, as the latest increase in input prices was the slowest since March and well below April's recent peak. This was largely due to lower fuel prices, but there were still many reports of suppliers passing on higher transport, wage and raw material costs in June". 

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