International Economic
Sector movers: Commodities lead the fall, investors rotating into defensives
London stocks could not hold onto early gains on Friday to slip into the red, as most major miners and oil giants rumbled lower.
UK encourages EU to accept Brexit deal
UK business secretary Greg Clark has warned that the European Commission risks causing “significant and lasting” economic harm to families across the continent if it does not accept Britain’s current Brexit deal.
Fresh US sanctions loom large in Turkey's future as US pastor's appeal rejected
US pastor Andrew Brunson has seen his latest bid for freedom rejected by a Turkish appeals court, increasing the likelihood of a fresh wave of sanctions from the Trump administration.
Index of leading economic indicators beats forecasts in July, Conference Board says
A well-known gauge of lead indicators for the US economy advanced more quickly than expected last month.
US consumer sentiment dips to 11-month low in August
US consumer sentiment unexpectedly fell in August, to its lowest level since last September, according to a preliminary reading from the University of Michigan.
BofA-ML retains bearish stance ahead of 10-year commemoration of Lehman Bros. crash
Investors are already positioned 'bearishly', but that potential positive for financial markets was likely to be swamped by the recent peaks in corporate profits and economic stimulus, strategists at Bank of America-Merrill Lynch cautioned.
Chinese bombers training to hit US targets, says Pentagon report
China’s air force is "likely" training for bombing strikes against the US and its allies, according to a Pentagon report released on Thursday.
Eurozone inflation rises to 2.1% in July, as expected
Headline inflation in the eurozone rose to 2. 1% year-over-year in July from 2. 0% in June, according to the latest data from Eurostat.