All the day´s economic and financial news, as G7 ministers blast America over president Trump´s tariffsLatest: Eurozone investor morale index hits 20-month lowUK construction PMI: Brexit hitting buildersG7 finance ministers: US are undermining global tradeFrance: It´s more like G6 +1 No progress in US-China trade talksEuropean stock markets are up this morning 12.14pm BST Newsflash: Where there´s puds, there´s brass!Aunt Bessie´s significantly expands our presence within potatoes, one of the largest categories in frozen food, while adding another dimension to our growing portfolio in the United Kingdom.`Is there anything better than Fish and Chip Friday? We don`t think so, which is why we`ve teamed up with Birds Eye for this bundle deal https://t.co/uljUlhomRt pic.twitter.com/RlDDtnLWyj 11.56am BST Britain´s stock market continues to shrug off the trade war anxiety.The FTSE 100 is now up 61 points, or 0.8%, at 7762 - a one-week high. United Utilities, Severn Trent and easyJet are all topping the risers, after City analysts raised their price targets for their respective shares. 11.26am BST Back in the markets, Italian government is recovering in value this morning - pulling down the yield (or interest rate) on the debt.That shows that fears that Italy might quit the euro are fading, after its new populist government was sworn in last week.ITALIAN/GERMAN 10-YEAR BOND YIELD GAP AT ITS TIGHTEST IN A WEEK AT 210 BASIS POINTS pic.twitter.com/r69TFnP2zQ 10.43am BST The sharp decline in eurozone investor confidence may be a sign that Europe´s economy is faltering.Here´s some snap reaction from economists:Euro area Sentix investor confidence fell sharply in June on the back of the political crisis in Italy (biggest one month drop since Sep 14). May be a signal that PMI manufacturing is heading further south.....? Momentum has turned around in Europe $EURUSD #Italycrisis pic.twitter.com/vcFaZslvST#Euroboom to #eurogloom? Check out the change from 2017 to now in Sentix`s ...
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