FTSE 100: Opened lower on Monday as US-Iran peace talks stalled and oil prices climbed for a third straight session, with the Strait of Hormuz remaining a flashpoint.
Oil: Brent crude rallied again, adding inflationary pressure that will keep the Bank of England on edge.
Wage growth: Accelerated to its strongest level since January, with the KMPG/REC permanent salaries index running above the 2025 average of 52.3 — no slowdown in 18 months.
