Market Pulse - Currencies
US Chicago PMI moves back into expansion territory in July
A widely-followed gauge of manufacturing sector activity in the Chicago area bounced back sharply in July.
S&P keeps LSE Group's debt rating on CreditWatch negative
Credit analysts at S&P Global Ratings kept their rating on London Stock Exchange Group's long-term debt on 'CreditWatch negative'following the company's announcement that it might sell its interest in MTS or its stake in Borsa Italiana Group, pending further information on the scope of any asset sale.
US consumers 'don't expect the recession to end anytime soon', U.Michigan says
US consumer sentiment slipped a bit more than had been anticipated in July, belying consumers' skepticism about the sustainability of the economic rebound, some economists said.
Americans continue to splash out in June
Americans continued to splash out even as income growth continued to ease from April's fiscal policy induced bonanzas.
Roman Abramovich sells stake in Highland Gold
A group of investors in Highland Gold, including Russian billionaire Roman Abramovich, announced on Friday the sale of a roughly 40% stake in the company's share capital to Fortiana Holdings at a valuation of approximately $1. 1bn.
US Q2 GDP drops by 32.9%
Economic activity in the US collapsed during the second quarter, even if at a marginally slower than expected pace, alongside a fall in prices.
Initial US jobless claims stable over latest week
Initial jobless claims in the US were little changed during the preceding week, but secondary claims jumped, possibly underlining the difficulty of rejoining the labour force.
Europe midday: Losses accelerate as investors fret over epidemic's path
Losses in stockmarkets across Europe accelerated as investors digested data showing that German gross domestic product fell at its quickest pace on record since at least 1970.
Euro area unemployment edges past forecasts in June, drops in France and Ireland
Euro area unemployment edged past forecasts last month led by increases in several of its larger economies, although in France and Ireland it fell while in Germany it remained low.
US pending home sales jump in June, NAR raises forecasts
A closely-watched lead indicator for US home sales edged past forecasts in June, underpinned in part by continued low mortgage rates.
US trade deficit on goods shrinks by more than expected in June
America's shortfall in trade on goods with the rest of the world fell more quickly than expected last month as export growth picked up.
Tullow Oil narrows full-year output guidance, lowers long-term oil price forecast
Tullow Oil reported that output was in-line with expectations during the first half of the year, but "narrowed" its guidance for full-year output and lowered its forecasts for oil prices both in the near-term and when looking further out.
US consumers temper their optimism in July, Conference Board says
Consumer sentiment in the States ebbed a bit more than expected in July as Americans tempered their short-term expectations.
Petropavlovsk may delay 1H results after PwC declines appointment as auditor
Auditors PwC declined Petropavlovsk's decision to appoint them as the company's new auditors following the recent multiple changes to the Russian gold miner's board.
US durable goods orders print slightly below forecasts in June
Orders for goods made to last more than three years continued to bounce back last month, despite another sharp drop in orders for civilian aircraft.
Fresnillo shares surge as the price of silver jumps
Shares of precious metals miners were flying on Wednesday as the US dollar weakened and, arguably, as investors sought out safe havens in the wake of another flare-up in US-China diplomatic tensions.
Euro area CPI picks up in June, as expected
Consumer price inflation in the euro area rose slightly last month despite dips in the bloc's second and third-largest economies, France and Italy.
Europe midday: Stocks trim gains on signs of slowdown in US jobs market
Stocks in Europe have trimmed earlier gains following the release of data showing the first increase in weekly jobless claims in the States since March and amid geopolitical tensions between Washington and Beijing.
Philly Fed index dips in July, but by less than expected
A key gauge of manufacturing in the US mid-Atlantic region slipped in July, but by less than anticipated and some of the details of the report were stronger than those for the prior month.
Initial US jobless claims little changed
Initial jobless claims in the US were little changed over the preceding week, hinting at the growing toll that moves to dial-back on the reopening the economy were taking on the country's labour market.