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Japan wage hikes confirmed to have topped 5% for a third year running

UK June final services PMI 48.8 vs 48.7 prelim

Italy June services PMI 50.2 vs 50.5 expected

French services activity continues downturn in June but at a slower pace

Germany June final services PMI 48.6 vs 46.8 prelim

Eurozone services contraction eases in June as cost pressures cool

What are the main events for today?

We are closely monitoring market movements with high sense of urgency, says Japan’s Kihara

Spain June services PMI 54.2 vs 50.9 expected

Reminder: US markets are closed today in the run up to Independence Day

investingLive Asia-Pacific FX news wrap: Asia-Pac equities claw back early losses

China services growth eases slightly as export orders hit 20-month high