British manufacturing orders contracted in June at a reduced pace compared with a month earlier, despite a sharp drop in export orders, a survey from the Confederation of British Industry showed on Monday.
The proportion of workers who expect to switch employers in the next 12 months is higher than that from the "Great Resignation" period of 2022, a PwC survey of the global workforce found.
Oil prices were little changed on Tuesday as worries about China's economic recovery prospects offset supply concerns stemming from tensions in the Middle East and Ukrainian attacks on Russian refineries.
The battered yen languished near the 160 per dollar level on Tuesday and kept traders on high alert for any intervention from Japanese authorities to prop up the currency, while the greenback edged a touch higher in the broader market.
The Thai government's 3.753 trillion baht ($102 billion) budget for the 2025 fiscal year passed its first parliamentary vote on Friday, but there will be a series of further votes before it can be enacted.After a three-day debate, the draft budget bill, aimed at kick-starting the economy, passed with 311 votes in favour and 175 against as the Pheu Thai Party-led government commands a majority in the House of Representatives.
Traders upped bets for a Bank of England rate cut in August, helping to underpin a pre-election rally for UK stocks and government bonds even though the central bank left rates on hold at a 16-year high on Thursday.
