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Week ahead: China, ECB, BoJ in focus
A barrage of economic data out of the East kick-offs the calendar next week, with reports on GDP, retail sales, fixed asset investment and industrial production all set for release.
Europe close: Gains for Basic Resources offset losses for lenders
European equities ended the day little changed despite another spike higher in the single currency on the back of soft US CPI data.
London close: Soft US CPI print pushes stocks lower
With London traders looking firmly west due to an absence of domestic data, all eyes were on soft inflation data in the States that pushed Sterling sharply higher, weighing on the top flight index at the end of the week.
South Africa suspends implementation of controversial mining charter
South Africa suspended implementation of a controversial mining charter following an appeal from industry.
Tshipi now largest exporter of manganese ore in SA, Red Rock says
AIM-listed Red Rock announced that partly-owned Jupiter Mines had become the largest manganese producer in South Africa and was on track to become the third-largest in the world during the following year.
FX round-up: US data-dump downs dollar, euro dips on taper angst
The dollar concluded a bad week with disappointing consumer price inflation reducing expectations for a rate hike this year, while the euro fell versus the pound on reports the European Central Bank will soon begin tapering its asset purchase programme.
US open: Stocks grind higher after CPI data knocks dollar lower
Wall Street continued to edge higher at the end of the week despite the release of a slate of weaker-than-expected economic data.
ProPhotonix upbeat after solid first half
Designer and manufacturer of high-tech LED and laser systems ProPhotonix confirmed its term debt was fully repaid by the end of June in a trading update on Friday - a total of $3. 3m of principal and interest since the restructure of the notes in June 2013.
Metminco establishes sale facility for small shareholders
Metminco gave its small holding investors an opportunity to sell their shares without incurring brokerage or handling costs on Friday, announcing a share sale facility for those holding fewer than 11,111 shares, which equated to a market value of less than AUD 500.
US consumer confidence past cycle-peak, University of Michigan says
Consumer expectations continued to cool down, a possible indication that the cycle peak was now in the rear-view mirror, one of the most widely-followed surveys of sentiment in the US revealed.
Broadband consumers should be freer to shop around, says regulator
Phone and broadband consumers were promised help to shop around with confidence on Friday, as the communications regulator Ofcom annnounced a new initiative to help people identify and secure the best deal for their needs and budgets - be it through agreeing a new deal with their current provider, or finding an alternative one with a different provider.
FTSE 250 movers: Carillion rallies but Ashmore slips after update
London’s FTSE 250 was down 0. 1% to 19,406. 04 in afternoon trade.
US CPI misses forecasts again in June
Consumer price inflation in the US slipped a tad last month, possibly adding to doubts a third US central bank interest rate hike at the end of 2017.
Railway passenger satisfaction the lowest in 10 years
The trains are late and we’re not happy.
US industrial production misses forecasts in June
US industrial production grew as expected last month but downwards revisions to readings for prior months meant the rate of capacity of utilisation undershot forecasts.
US retail sales fall short of forecasts in June, but growth still seen
Retail sales volumes in the States fell short of forecasts in June amid less spending at gasoline stations and on sporting goods and books.
Pantheon Resources & Kinder Morgan ink contract for gas processing facility
Pantheon Resources announced that contracts have been formally executed on improved terms with Kinder Morgan, the US's largest energy infrastructure company, to install and operate a 15mmcf/d capacity gas processing facility in Polk County, which was expected to significantly boost its cash flows.
Citigroup beats forecasts after strong quarter for investment banking
Citigroup's improving second-quarter revenue and earnings both beat Wall Street forecasts, helped by its best investment banking performance in seven years.
FTSE 100 movers: Royal Mail sees red; miners shine on weaker dollar
Royal Mail shares led the FTSE 100 fallers on Friday as the company said it expects the overall cost of a new staff pensions plan to be fundable from its current £400m annual pension contribution.