UK — UK INFLATION, JOBS DATA TO SET ECONOMIC TONE FOR NEW PRIME MINISTER'S FIRST WEEK

A series of key economic data releases will mark the first week for new UK Prime Minister Andy Burnham, providing a snapshot of the challenges ahead. June inflation figures due Wednesday are expected to show a slight moderation to 2.7% from 2.8% in May. Meanwhile, unemployment data for the three months to May is forecast to tick up to 5.0%, with traders pricing in a quarter-point Bank of England rate hike by November to combat persistent price pressures.