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UK Private Sector Rebound Fuels Rate-Cut Bets and Market Optimism
The UK private sector just delivered a pleasant surprise. Activity rose at the fastest pace in nine months, helping to calm market nerves. S&P Global’s June PMI climbed to 52 from May’s 50.3, beating earlier estimates and signaling renewed business momentum. Services did most of the heavy lifting. Firms across travel, finance, and hospitality reported […]
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