US ISM Services PMI (Jun) 54.0 vs. Exp. 54.2 (Prev. 54.5)
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Newsquawk Daily Economic Releases - 7th July 2026
US EQUITY OPEN: Indices open higher led by technology
US ISM Services PMI (Jun) 54.0 vs. Exp. 54.2 (Prev. 54.5)
Germany reportedly to borrow EUR 800bln for rearnment, FT reports
NATO's Secretary General Rutte says he expects nations to present plans to reach the 5% goal at the NATO Ankara summit; European allies and Canada are already investing around 4% of their GDP in defence
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- “Respondents in June commented less frequently about pricing impacts on petroleum products, while tariff impacts continued to be a theme for increased pricing pressure."
- "The Inventories Index dropped to its second-lowest level since October 2025, indicating that the buy-ahead phenomenon from earlier in the year may be over."
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