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Wednesday preview: Fed's Powell, UK CPI in the spotlight
Wednesday will bring with it the week's main event, Federal Reserve chairman Jerome Powell's testimony before the U. S. House of Representatives Financial Services committee.
Sector movers: Miners drag as PBoC underwhelms
Miners dragged on London's main market indices on Tuesday after the People's Bank of China delivered smaller-than-expected interest rate cuts.
Europe close: Stocks slip as China stimulus underwhelms
Stocks on the Continent finished lower as investors pondered the potential for further interest rate hikes, both in the euro area and in the States.
Europe midday: Stocks trim declines, central banks in the spotlight
Stocks on the Continent were holding slightly lower, as investors pondered the potential for further interest rate hikes, both in the euro area and in the States.
US open: Stocks get off to soft start with investors waiting on Powell
Wall Street got off to a weak start as investors took some money off the table ahead of a keenly awaited speech from Federal Reserve chairman, Jerome Powell, scheduled for the next day.
US housing starts jump past forecasts in May
New home construction easily outpaced economists' forecasts for last month, but some economists were wary.
Airtel Africa says reform of Nigerian FX market expected to bolster US dollar liquidity
Airtel Africa said that the Nigerian central bank's decision to unify all segments of the country's foreign exchange market was expected to bolster dollar liquidity and engender a more stable market.
German producer price gains ebb in June
Factory gate prices in the single currency area's largest economy dropped last month.
Euro area construction output shrinks in April
Construction output in the single currency bloc shrank in April, despite rebounds in France and Germany.
Europe open: Stocks slip as investors mull next central bank moves
Stocks on the Continent were mostly under water in early trading, as investors pondered the potential for further interest rate hikes, both in the euro area and in the States.
SThree reports 'robust' 1H despite macro uncertainty
Hiring specialist SThree reported a "robust" net fee performance for the first half of its financial year, despite what it described as an "uncertain" macroeconomic backdrop.