Oil Steadies Following U.S.-Iran Escalation; Stock Futures Rise

Oil prices pared some gains in early European trade, but remained above pre-war levels after the U.S. and Iran exchanged fresh fire.

China's Factory-Price Growth Quickens, Consumer Inflation Eases

China's factory-gate inflation accelerated in June as the effects of the Middle East conflict continued to ripple through the economy, but consumer-price gains cooled, suggesting persistent weakness in domestic demand.

German Exports Rise, Shrugging off Iran War Concerns