Market Pulse - Currencies
Economists optimistic despite dip in US services sector activity
Services sector activity in the States cooled a tad more quickly than anticipated last month, amid falling levels production, new orders and hiring.
Fed's Mester sets high bar for interest rate cuts
A top US central bank official said on Tuesday that interest rates might need to be cut, but set a high bar for any reduction.
Opec and allies agree to extend production curbs
The Organization of the Petroleum Exporting Countries and its allies are to extend their production curbs, as they look to shore up the price of oil.
Credit Suisse reiterates 'buy' for US growth stocks (not Europe)
Strategists at Credit Suisse told clients to "buy" growth stocks in the US - not in Europe - pointing to historical patterns to back up their arguments.
ECB not ready to cut just yet, report says
Rate-setters in Frankfurt aren't ready to start easing policy just yet, first they want to analyse more data on the state of the single currency bloc's economy.
US proposes extra tariffs on EU goods over Airbus-Boeing spat
The US decided to add more goods from the European Union to a list of imports that could be hit with retaliatory tariffs as part of its long-running dispute with Airbus over alleged government subsidies.
House price growth subdued in June - Nationwide
House price growth in the UK remained subdued in June as Brexit uncertainty continued to weigh, according to the latest survey from Nationwide.
UK economic growth stalling - survey
The British economy struggled in the second quarter, a survey showed on Monday, as Brexit and increasingly tougher global conditions held back growth.
Analysts somewhat divided on results of US-China trade talks
Last Saturday's meeting between the Presidents of China and the US played out roughly as expected, save for the positive suprise in the form of a partial reprieve for technology giant Huawei, but there was some division among analysts on either side of the Pond regarding what most likely lay ahead next.
Deutsche Bank to lay off as many as 20,000 people
Deutsche Bank could slash as many as 20,000 jobs in its biggest revamp in years, Bloomberg reported on Monday.
Eurozone manufacturing falters amid tough economic conditions
Eurozone manufacturing eased in June, as the sector battled an increasingly challenging economic environment, a survey published on Monday showed.
Iran breaches enriched uranium limit, says report
Iran’s enriched uranium stockpile has exceeded the 300 kilogram limit permitted under its nuclear deal, according to a report from the nation's semi-official Fars news agency on Monday which cited an "informed source".