Currencies
Inflation not on a sustained downtrend, Fed's Mester says
A top US rate-setter said she continues to see a need for further interest rate hikes, telling an audience that recent soft readings on inflation were not pointing to a sustained drop in prices.
Weekly US oil inventories fall less than expected, DoE says
US crude oil stockpiles fell last week despite a rise in imports last week, as refineries increased their runs, boosting prices for crude oil futures.
Credit Suisse revises Intertek target price higher on reduced geopolitical risks
Analysts at Credit Suisse upgraded their recommendation on shares of Intertek, admitting that some of the potential risks which had led them to be more cautious had not materialised.
US private sector adds fewer jobs than expected in July, ADP says
Private sector employment in the US rose less than expected in July, according to the latest figures from ADP.
Tillerson tells North Korea: 'We are not your enemy'
US secretary of state Rex Tillerson has offered an olive branch to North Korea, saying he would welcome dialogue with the isolated regime and declaring 'we are not your enemy'.
Trump administration mulling trade action against China
The US government is planning to take trade action against China, as worries grow in Donald Trump's administration over Beijing’s move to compete at the top level of international commerce.