The Financial Times reports the London Stock Exchange plans to launch 24-hour trading next year.

UK Chancellor Reeves was offered another government post but declined.

Statistics Canada on Monday said June CPI rose 2.8% YoY, down from 3.2% in May and below economists' 2.9% forecast. A key trimmed core inflation gauge fell to 1.85%, the lowest since September 2020 and the first reading under 2% in nearly six years. The decline was driven by lower gasoline prices, and Statistics Canada said inflationary effects from the Iran war have so far remained confined to energy. The Bank of Canada has warned that pass-through from higher energy could necessitate rate hikes, but the cooling in core inflation suggests economic slack is offsetting war-related price pressures.