Market news: Hungary and Japan signed a nuclear energy cooperation agreement.

IMF Managing Director Georgieva: If productivity does not grow, the UK will need to make difficult choices on fiscal policy.

IMF Managing Director Georgieva: Britain needs to carefully calibrate its fiscal choices.

IMF Managing Director Georgieva: The next stage for the Bank of England is to relax interest rate policy.

IMF: Further tax cuts are not recommended unless the UK tax cuts can significantly boost growth and be offset by deficit reduction measures.

Swedish Central Bank Deputy Governor Bunge: Geopolitics, US inflation and Swedish krona are risk factors.

Swedish Central Bank Deputy Governor Bunge: Domestic factors clearly support policy easing.

The UK CBI industrial export order difference in May was -27, compared with -23 in the previous month.

The UK CBI industrial price expectations difference in May was 15, the lowest level since January.

The UK CBI industrial orders balance in May was -33, the lowest since November 2023.

The UK CBI industrial output expectations difference in May was 7, compared with 11 in the previous month.

According to Interfax: Kazakhstan will extend its oil supply contract with Germany until 2024.

The pan-European Stoxx 600 index extended losses to 0.5%.

Market News: Australia and New Zealand began evacuating their nationals from New Caledonia on Tuesday, with government planes arriving in the French territory following a week of deadly unrest in the country sparked by an electoral change of government in Paris.

Russian Foreign Minister Lavrov: (Commenting on the Iranian President Raisi plane crash) US sanctions, including the ban on the supply of aircraft parts, have worsened aviation safety.