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British firms hold firm on price rises despite Iran war de-escalation - BoE

British businesses showed no sign of easing their price expectations in June despite a de-escalation of the Iran war that had sent energy costs surging, a Bank of England survey showed on Friday.The BoE's Decision Maker Panel showed firms expected their prices to rise 4.1% in the year ahead in the…

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Economy
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EU trade with US hits record high despite tariff tensions, study shows

By Maria Martinez and Rene WagnerTrade in goods between the European Union and the U.S. reached a record €875 billion ($1.00 trillion) last year despite tariffs, but the figures mask significant economic damage, notably to Germany's auto sector, a study published on Friday found.The research by the…

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Economy

Records on repeat for the STOXX

RECORDS ON REPEAT FOR THE STOXXEurope's STOXX 600 hit yet another record high early in Friday's session - after notching several of those earlier in the week. It is now hovering around those record levels, up 0.26% on the day, and on track for its biggest weekly rise since mid-May.Utilities (.SX6P…

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index
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At least 3,700 excess deaths reported during heatwave in France, Belgium and Netherlands

France, the Netherlands and Belgium have recorded 3,700 excess deaths during the June heatwave that sent temperatures soaring across Europe, with authorities warning that the numbers are preliminary and could rise.Experts have said the heatwave, which lasted from about June 20-28, was the worst rec…

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Economy
NEWS reuters

Euro zone 10-year yields set for weekly rise, curve steepens

Euro zone longer-dated bond yields were set for a weekly rise on Friday, their first since early June, as traders refined their positions after the initial move lower in yields on the U.S.-Iran deal.Germany's 10-year bond yield was up 2 basis points at 2.92%. It has been moving slowly but steadily…

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Bonds