Latest market news
Independent UK financial coverage with full source attribution.
Japan June PMI composite hits three-month high; input costs surge
Japan's flash June 2026 composite PMI rose to 52.5, a three-month high, as manufacturing reached 54.9 and services improved to 51.8; input costs rose to their strongest level since July 2022, and manufacturing payrolls expanded at their fastest pace in over eight years.
US futures fell and 10-year Treasury yield rose to 4.483%
US stock index futures for the S&P 500 and Nasdaq declined during Sunday trading on 21 June 2026, while the 10-year US Treasury yield rose more than 3 basis points to 4.483% as markets reopened on 22 June 2026, ahead of a scheduled inflation data release.
King Charles III to publish personal tax details in UK first
King Charles III will become the first British monarch to publicly disclose his personal tax information, with figures for 2024-25 due later this week.
Japan May CPI hits 1.5%; core-core inflation slows to 1.8%
Japan's May 2026 CPI printed at 1.5% year-on-year, with core-core inflation at 1.8% y/y — below the 1.9% consensus — following a Bank of Japan rate hike in the same week. USDJPY and JGB futures were named in coverage of the release.
UK May 2026 borrowing hits £23.3bn, second highest on record
ONS data released 19 June 2026 showed UK public sector net borrowing reached £23.3bn in May 2026, above market forecasts and the second highest May figure on record. UK gilts and sterling via GBPUSD were named in coverage connected to the release.
UK CPI holds at 2.8% in May, below 3.0% forecast
UK annual CPI inflation held steady at 2.8% in May 2026, defying economist forecasts of a rise to 3.0%, as higher transport costs were offset by slower food price rises.
UK GDP contracts 0.1% in April as Iran war lifts energy costs
The UK economy shrank 0.1% month-on-month in April 2026, matching consensus, as rising energy costs tied to the US-Iran conflict weighed on services activity.
S&P 500 win streak at risk as AI stocks retreat and Iran talks stall before payrolls
A cautious European session dominated by AI equity weakness, a eurozone GDP contraction revision, stalled US-Iran talks, and positioning ahead of US non-farm payrolls.
SK Hynix joins $1 trillion club as Korean equities double in 2026
An active overnight session dominated by Korean semiconductor milestones, US-Iran diplomatic developments, and UAE's departure from OPEC.