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UK June preliminary services PMI fell to 48.7 from 49.3, the weakest reading since January 2023 and below all economists in the REUTERS SURVEY, which had forecast a rise to 50.1. The survey showed sharp declines in employment and new business, with t

2026-06-23

UK June preliminary services PMI fell to 48.7 from 49.3, the weakest reading since January 2023 and below all economists in the REUTERS SURVEY, which had forecast a rise to 50.1. The survey showed sharp declines in employment and new business, with the new business index at its lowest since January 2021. The release came a day after Prime Minister Starmer announced his resignation, underscoring the difficult economic backdrop for incoming PM Andy Burnham, assuming no other Labor MPs challenge his bid for the premiership.

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2026-06-23

US chip stocks fell across the board in pre-market trading, with Intel (INTC.O) down 7.6%, AMD (AMD.O) down more than 6%, Qualcomm (QCOM.O) down 5.4%, TSMC (TSM.N) down more than 4%, and Baidu (BIDU.O), Broadcom (AVGO.O), and Nvidia (NVDA.O) down abo

US chip stocks fell across the board in pre-market trading, with Intel (INTC.O) down 7.6%, AMD (AMD.O) down more than 6%, Qualcomm (QCOM.O) down 5.4%, TSMC (TSM.N) down more than 4%, and Baidu (BIDU.O), Broadcom (AVGO.O), and Nvidia (NVDA.O) down about 3%.
2026-06-22

ECB President LAGARDE: Outlook uncertain; upside risks to inf and downside risks to economic growth coexist.

ECB President LAGARDE: Outlook uncertain; upside risks to inf and downside risks to economic growth coexist.
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