U.S. Trade Representative Greer said Mexico was pragmatic in negotiations and that Mexico’s growth depends on the U.S. market.

Wednesday data showed June UK inflation slowed more than expected, reducing the likelihood of further Bank of England rate hikes and pressuring the pound. Headline CPI fell to 2.6% in June; core CPI remained at 2.6%, versus economists' forecasts of 2.7% and 2.5% respectively. Aberdeen Standard Investments economist Felix Feather said household energy bills have not yet fully reflected this summer's energy-price shock and that Ofgem's higher price cap will push inflation up in coming months.

Volkswagen Group China is accelerating L3 and L4 autonomous-driving development through deeper AI cooperation with Horizon Robotics. Deliveries of L3 autonomous-driving capability are planned to begin as early as H2 next year.