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10 things you need to know in markets today

Good morning! Here’s what you need to know in markets on Monday.

1. The UK economy is slumping as business output falls and consumer spending continues to shrink, according to two sets of data published on Monday. The latest BDO Output Index, which indicates how businesses expect their order books to develop over the next three months, fell to 94.9 in June from 95.4 in May, leaving business output at a four-year low. The slump leaves UK business at the point of contraction, which is any figure below 95.0.

2. German business leaders say it will be “extraordinarily difficult” read more >>>

Source:: BusinessInsider.Com

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