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Thursday preview: BoE, Mondi in focus
Financial markets' focus on Thursday will shift back to the UK where rate-setters at the Bank of England are due to meet to decide on monetary policy.
Europe close: Stocks shake off geopolitical angst to end higher
European shares continued to push higher on Wednesday as investors as concerns about the impact of US House Speaker Nancy Pelosi's visit to Taiwan ebbed.
OPEC+ raises output quota ceiling for September by 100,000 barrels per day
The Organisation for Petroleum Exporting Countries and its main allies, whom together are known as OPEC+, revised their combined output quotas for September higher but by far less than in the previous month.
Fed's Bullard says soft landing achievable, Daly thinks work 'far from done'
The US Federal Reserve and the European Central Bank may be able to lower inflation in an orderly fashion while achieving a relatively soft landing, a top Fed official said.
US ISM services PMI reaccelerates unexpectedly in July
Activity in the US services sector accelerated unexpectedly in July, the results of a closely-followed survey revealed.
Drop in US services PMI points to Q3 GDP contraction, S&P Global says
Services sector activity in the US slumped during the previous month with output falling at its fastest pace since May 2020, revised data for a survey of sector conditions revealed.
BofA lowers target for Fresnillo after 1H numbers, but stays at 'buy'
Analysts at Bank of America lowered their target price for shares of precious metals miner Fresnillo but reiterated their 'buy' recommendation following the outfit's latest interim figures.