Market Pulse
China cuts growth forecast to 6.5 percent but will avoid 'hard landing'
China has cut its growth forecast for 2016 to "6. 5% to 7%", but Beijing denied the country will suffer the hard landing that some fear.
Company debt repayments responsible for Chinese capital outflows, BIS says
The persistent capital outflows from China evident since mid-2014 were mainly the result of the country's companies paying down their US dollar denominated debts and not of investors dumping their assets in the country, the central bank to central banks said over the weekend.
Bonds: Yields back up amid ECB doubts, US jobs report
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
Sunday newspaper round-up: BIS warning, ECB stimulus, LSE bids, Old Mutual
The global economy's is over-indebted and displaying dangerous signs of reaching a tipping point, the Bank of International Settlements has warned, with credit issuance and cross-border flows in emerging economies slowing for the first time since the aftermath of the global credit crunch. The Sunday Telegraph reported that Claudio Borio, chief economist of the 'central bank of central banks', has noted that some of his starkest warnings from last year were now coming into fruition.
Chinese central bank deputy governor takes aim at speculation of further yuan weakness
A top Chinese economic official took aim over the weekend at speculation of a further weakening in the country's currency, the yuan, and the accuracy of the data it publishes on foreign reserves.
Sunday share tips: Worldpay, Paddy Power Betfair, Healthcare Royalty Trust
Worldpay shares were a 'buy' for the Sunday Times' Inside the City column. The UK-based payment processing company, which floated in October and joined the FTSE 100 two months later, exists in a world where card payment is used for everything from sub-£1 purchases from your corner shop to major household items, while contactless payment makes it even easier. Debut annual results as a listed company on Tuesday are forecast to show revenues almost touching £1bn and perhaps breakeven at the profit level.