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Prices inch up on U.S.-Iran peace talks breakdown

Benchmark Dutch and British wholesale gas prices edged up on Wednesday morning as Iran said it would not meet with U.S. envoys for peace talks, clouding the prospects for an agreement to end the war.The benchmark Dutch front-month contract at the TTF hub (TFMBMc1) inched up by €0.73 to €44.17 per m…

Reuters en
Futures

Euro zone yields tick up before inflation data, Iran talks in focus

Euro zone bond yields rose slightly on Wednesday after Iran said it would not meet U.S. delegates for talks in Qatar, casting doubt on the peace process, and as traders awaited inflation data for the bloc.Germany's 10-year bond yield (DE10YT=RR), the benchmark for the bloc, rose 2 basis points (bps…

Reuters en
Bonds
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Powerful storm hits Romania, one person killed

A powerful storm tore through the Romanian capital Bucharest and 20 counties on Wednesday, killing one person and damaging dozens of homes and vehicles, emergency services officials said.In Bucharest alone, nearly 2,000 calls for help were reported, emergency services told broadcaster Digi24. Sever…

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NEWS reuters

Spain manufacturing contracts in June for first time in three months, PMI shows

Spanish factory activity shrank in June for the first time in three months as orders fell more sharply and manufacturers ramped up prices to cope with the recent surge in their costs due to the Iran war, a business survey showed on Wednesday.The Spanish Manufacturing Purchasing Managers' Index (PMI…

Reuters en
Economy
NEWS reuters

UK house prices flat in June but outlook brightens, Nationwide says

British annual house prices rose by less than expected in June, but softening expectations for interest rate hikes by the Bank of England are likely to improve affordability, mortgage lender Nationwide said on Wednesday.House prices rose by an annual 2.2% in June, below a 2.4% rise forecast in a Re…

Reuters en
Economy