Canada June raw materials price index m/m -6.9% (expected -1.3%, prior +0.7%).

PMI survey shows UK firms returned to growth in July for the first time in three months, aided by a brief respite amid the Iran war and marking the most positive reading since the conflict began. Preliminary composite PMI rose to 52.1 in July from 49.3 in June, beating a market forecast of 49.7; services PMI climbed to 51.8 from 48.8 (highest since April) and manufacturing PMI edged up to 52.8 from 52.5. S&P Global Market Intelligence chief business economist Chris Williamson said hotels have benefited from hot weather, the World Cup and domestic holidays as high costs and uncertainty curb overseas travel.

Deutsche Bank raises PT for Thermo Fisher Scientific (TMO.N) to $635 from $630.