Thomas Cook Group has sought to ensure its bonds are protected from US creditors by filing for Chapter 15 court protection, according to a Bloomberg report on Tuesday.
London stocks finished lower on Monday following an attack on key Saudi Arabian oil installations at the weekend that cut the Kingdom's crude oil output by half, dealing a blow to the previous week's incipient recovery in risk appetite in financial markets on the back of an apparent easing in US-China trade tensions.
Factory sector activity in the jurisdiction of the Federal Reserve bank of New York was little changed in September.
Equity strategists at Jefferies upgraded their recommendation for Energy stocks to 'bullish' on the back of the shift higher in the US Treasury yield curve over the preceding week.
Analysts at Citi cautioned clients on Friday that the key global risks looming on the economic horizon were still very much present, with "no chance" of a US-China trade deal before the next elections in the States and the Federal Reserve being done with cutting rates.
Import and export prices both fell last month, on the back of sharp declines in the cost of fuel and agricultural goods.
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
The European Central Bank unleashed a barrage of new stimulus measures, as had been widely anticipated, and opened the door to further easing if needed in order to bring inflation back to target.
The cost of living in the US rose more quickly than expected again last month.
The Ifo Institute said on Thursday that Germany's economy is heading for a recession as it cut its growth forecasts for 2019 and 2020.
The European Central Bank will guide towards lower growth and a slower return to price stability when rate-setters meet to decide on policy on Thursday.
Wholesale prices in the US edged higher last month despite sharp declines in both food and energy inflation, but economists said that the "inflation threat" lay in consumer prices and not at the producer level.
The US President reiterated its criticism of the country's central bank in the middle of the week, arguing that short-term interest rates should be cut into negative territory.
The UK parliament was unlawfully suspended by Prime Minister Boris Johnson, Scotland’s highest civil court ruled on Wednesday.
US job market conditions continued to be tight in July, according to the results of a closely-followed survey.
National economic council director, Larry Kudlow, confirmed that top US and Chinese trade officials would meet in early October and said he saw the potential for "something positive" to come out of thirteenth round of negotiations.
Deutsche Bank AG is cutting dozens of traders and salespeople in its global fixed-income ranks as part of the firm’s overhaul.
China's central bank on Friday announced a reduction in the reserves that banks are required to keep on deposit in a fresh move to stimulate the nation's economy.
Top trade officials from the US and China will hold face-to-face talks in coming weeks despite skepticism that any substantial progress will be made, although there appeared to be increased attention around the side-effects of the trade war on third nations.
Private sector employment in the US rose more than expected in August, according to figures released on Friday by ADP.