Hong Kong Monetary Authority provided HK$371 million in liquidity to banks via its discount window.

UK June composite PMI (final) 49.3, versus 49.4 expected and 49.4 prior; below 50 indicates contraction.

Gulf oil exports in June rose by more than 3.00 mln b/d versus May to top 10.00 mln b/d, but remain roughly 40% below pre-war levels. UAE-led flows freed millions of barrels stranded in the Gulf, enabling producers to raise output and helping push oil prices back toward pre-war levels. Kpler shows combined crude and condensate exports from Saudi Arabia, the UAE, Kuwait, Iraq and Iran rose by over 3.50 mln b/d to 10.07 mln b/d. Freight analytics firm Vortexa estimates June shipments at 10.20 mln b/d, up from 7.00 mln b/d in May but down from 16.50 mln b/d a year earlier.