GBP/USD climbed 0.1% to 1.3277, the highest since June 18. UK gilts continued to fall, with the 10-year yield up 5 bps at 4.76%.

Brazilian President Lula said at the Mercosur summit Brazil will launch negotiations with Japan on an economic partnership.

Following a US-mediated Lebanon-Israel framework agreement to end the war, President Aoun met with the army commander to discuss the military's forthcoming duties and reviewed the security situation in light of recent Lebanon–US–Israel talks. The commander reported on recent Turkey and UK visits focused on military cooperation. The framework ties a phased Israeli withdrawal from all occupied Lebanese territory—starting with two undisclosed pilot areas and with no set timetable—to the Lebanese army assuming full security responsibility in vacated areas and to the disarmament of armed groups.