The US ISM Manufacturing PMI fell to 53.3 in June from May's four-year high of 54.0, while the Prices Index dropped sharply from 82.1 to 73.0.

The overall economy grew for the 20th month in a row, but the Iran war and price volatility are still major concerns for manufacturers.

India's manufacturing growth slowed in June to its second-weakest pace since mid-2022, as demand and hiring softened.