Morning Bid: Starmer's steady start

Markets are greeting Britain's first Labour prime minister since Gordon Brown with a steady hand, which after rollercoaster years will be a window of opportunity for an economic reset.

Futures on the FTSE 100 were up 0.2% in Asia, as results trickled in and the market has record highs this year, buoyed by a slow-but-steady economy and decelerating inflation. Later in the session, which is thinned as many traders make a long weekend of Thursday's Independence Day holiday, U.S. jobs data is expected to show a slight cooling in the labour market. President Joe Biden also appears on ABC News for an interview.

If the Optimus robot somehow catapults Tesla to Musk’s $30 trillion market cap target, bears like the Microsoft cofounder could be wiped out—but that is a big if. Deputy Prime Minister Chrystia Freeland defended the government’s decision to move forward on implementing the digital services tax, adding that it has had “detailed conversations” with the U.S. despite the American government’s public protestations. Freeland said a number of G7 countries already have such a tax in place.

9 out of 10 voters say there are important differences between Biden and Trump. Here’s what they see as the biggest ones

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