Currencies
FX round-up: Sterling continues hawk-inspired run higher
Sterling continued its hawk-inspired run higher against a basket of currencies and in particular against the US dollar.
London close: FTSE 100 lower as sterling gains on rate-hike expectations
London stocks got off to a positive start but a firming sterling on higher UK rate-rise expectations and ex-dividend companies ultimately turned the market south.
Commodities: Crude ahead towards end-Q2 as traders reckon sell-off over-done
Crude oil futures are rising towards the end of the second quarter, with more than a few traders reckoning the black liquid's sell-off might have been over-done.
Trump travel ban set to take effect after Supreme Court ruling
Donald Trump’s controversial travel ban for citizens from six majority-Muslim countries and refugees is set to take effect on Thursday night.
Merkel set for Trump showdown after vowing climate focus at G20 summit
German chancellor Angela Merkel has set up a tense G20 meeting in Hamburg next week after pledging to focus on climate issues - after Donald Trump pulled the US from the Paris accord earlier this month.
Initial US weekly jobless claims edge higher
Layoffs in the US continued to hold at record low levels last week, the latest set of official weekly figures revealed.
German CPI inflation defies forecasts for a fall in June
Inflation in Germany defied forecasts that it would retreat in June.
Brazil falls into deflation in June, paving way for central bank rate cuts
Brazil sank into deflation in June for the first time since 2010 amid broad price declines driven by favourable weather, lower energy costs and weak domestic demand, possibly opening the door to further central bank interest rate cuts.
Eurozone economic sentiment at highest since August 2007, EC says
Economic confidence within the single currency bloc rose back to its highest level since August 2007, just before the start of the last financial crisis.
Germans' income expectations at highest since reunification in June, GfK says
Consumer spirits in the euro area's largest economy improved further in June as German's confidence in the economy hit an almost three-year high, alongside income expectations which were at their strongest since reunification, in 1991.
Spanish CPI falls less than expected in June
The cost of living in Spain decreased by slightly less than expected in June according to a preliminary estimate.
EU could be left with €20bn gap following Brexit
Brexit could lead to a €20bn deficit in the European Union’s annual budget, according to the commissioner in charge of the bloc’s finances.