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Week ahead: UK CPI, China data in focus
All eyes over the coming week will be on the latest UK consumer price data, which may hold the key as to how Bank will proceed when policymakers next meet in September.
US consumer confidence is little changed in August, U.Michigan says
Consumer confidence in the U. S. was little changed at the start of August, the results of a closely followed survey revealed.
Europe midday: Stocks deepen losses ahead US producer price data
European stocks were moving lower approaching midday, responding to hawkish remarks from a top U. S. central bank official overnight that served to pull Wall Street off its intra-day highs and to a nearly flat finish.
Europe open: Stocks slip on hawkish Fed talk, UBS jumps
European stocks started the session modestly lower, responding to hawkish remarks from a top U. S. central bank official overnight that served to pull Wall Street off its intra-day highs and to a nearly flat finish.
US pre-open: Futures pointing higher ahead of July producer price data
U. S. equity futures were pointing higher following a flattish close to trading during the previous session.
Wheaton Precious Metals reiterates full-year production guidance
Wheaton Precious Metals Corp. posted declines in second quarter revenues and profit but reiterated its full-year production guidance.
Friday newspaper round-up: China, 'Stealth tax raid', Tapestry
Joe Biden has called China a “ticking time bomb in many cases” because of its economic challenges, saying the country was in trouble because of weak growth. The US president pointed to the country’s high unemployment and ageing workforce, saying: “China is in trouble. ” “They have got some problems. That’s not good, because when bad folks have problems, they do bad things,” Biden said at a political fundraiser in Utah on Thursday. He said he did not want to hurt China and wanted a rational relationship with the country.