Bonds
US open: Wall Street slips amid weak tech earnings, downbeat GE
Wall Street was slightly lower in early trading following disappointing updates from Microsoft and Ebay, alongside weak guidance from industrial conglomerate GE.
Bonds: ECB gives 'green light' to summer carry trades, BofA says
These were the movements in some of the most widely-followed 10-year sovereign bond yields: US: 2. 25% (-2bp)UK: 1. 21% (+1bp)Germany: 0. 53% (-1bp)France: 0. 78% (-3bp)Spain: 1. 49% (-7bp)Italy: 2. 11% (-8bp)Portugal: 3. 01% (-6bp)Greece: 5. 26% (+0bp)Japan: 0. 08% (+0bp) .
Bonds: Market little changed ahead of ECB
These were the moves in the yields of some of the most widely-followed 10-year sovereign bonds: US: 2. 26% (+1bp)UK: 1. 19% (-2bp)Germany: 0. 54% (-1bp)France: 0. 80% (-2bp)Spain: 1. 56% (+0bp)Italy: 2. 19% (-0bp)Portugal: 3. 07% (+0bp)Greece: 5. 26% (+1bp)Japan: 0. 08% (+0bp) .
Broker tips: Hunting, Royal Mail, AA
Analysts at Morgan Stanley downgraded their recommendation on shares of Hunting and cut their target price, telling clients consensus was too upbeat about the prospects for activity in the oilfield services space and hence the company's top-line growth.
Bonds: Gilts outperform as politics heat-up in Westminster
These were the movements in some of the most widely-followed 10-year sovereign bond yields: US: 2. 31% (-2bp)UK: 1. 27% (-4bp)Germany: 0. 58% (-2bp)France: 0. 85% (-2bp)Spain: 1. 59% (-6bp)Italy: 2. 24% (-5bp)Portugal: 3. 10% (-5bp)Greece: 5. 28% (-4bp)Japan: 0. 08% (Bank holiday) .
Irish GDP drops sharply in Q1, now growing more slowly than China
Ireland's economy hit the skids at the start of the year but even then the rate of growth dwarfed that of its neighbours, although recent slowing meant it was now expanding less quickly than the People's Republic of China.
Bonds: Rally in Gilts cut short by report on ECB
These were the movements in the most widely-followed 10-year sovereign bond yields: US: 2. 35% (+3bp)UK: 1. 30% (+4bp)Germany: 0. 60% (+2bp)France: 0. 88% (+2bp)Spain: 1. 71% (+6bp)Italy: 2. 33% (+7bp)Portugal: 3. 20% (+9bp)Greece: 5. 34% (-2bp)Japan: 0. 08% (-1bp) .
Fed still set to tighten, Yellen says
The Federal Reserve will continue to tighten its monetary policy as falling unemployment on expectations for further moderate growth in the economy, the head of the central bank said.
MPC's Broadbent 'not ready' for rate rise yet
A top Bank of England official sounded a relatively 'dovish' note in an interview, admitting that it was a tough decision.
Bonds: Top Fed officials sound more cautious note
These were the movements in some of the most widely-followed 10-year sovereign bond yields: US: 2. 36% (-1bp)UK: 1. 28% (+1bp)Germany: 0. 55% (+1bp)France: 0. 92% (+1bp)Spain: 1. 69% (+2bp)Italy: 2. 32% (+5bp)Portugal: 3. 15% (+2bp)Greece: 3. 15% (+2bp)Japan: 0. 10% (+0bp) .
Fed's Williams expects one more interest rate hike in 2017
Inflationary pressures are set to reaccelerate, which justifies continuing to remove policy accommodation, a top US rate-setter said overnight.
ECB's Villeroy reportedly backs gradualist approach
France's central bank governor said the European Central Bank would continue adapting the intensity of its monetary policy in the autumn.
Bonds: Gilts outperform, BoJ moves to cap gains in JGB yields
These were the movements in some of the most widely-followed 10 year sovereign bond yields: US: 2. 39% (+2bp) UK: 1. 31% (-1bp) Germany: 0. 57% (+1bp) France: 0. 94% (+2bp) Spain: 1. 73% (+5bp) Italy: 2. 34% (+8bp) Japan: 0. 09% (-2bp) Greece: 5. 44% (+7bp) Portugal: 3. 16% (+1bp).
China June CPI misses forecasts, disinflation a possible concern
Price pressures in Asia's largest economy steadied last month but economists appeared to be in broad agreement that inflation was set to slow further.
ECB wary of sending misleading policy signals, minutes show
By and large, monetary policy-makers continued to tread quite carefully when it came to moving to a less accommodative stance, the minutes of their last policy deliberations revealed.
Prepare for higher rates, MPC's Saunders tells households
Prepare for higher interest rates, a top Bank of England policymaker told households.
ECB not discussing changes to policy stance, Coeure says
Central bank officials in the single currency bloc had not been discussing making changes to their monetary policy, a top official said.
AA cuts debt with new bond issue
AA, the roadside assistance and insurance provider, has issued £250m of bonds and reduced its senior debt by £98m with a new senior facility at reduced margins.
ECB chief economists argues for patience, persistence
Economic prospects have brightened but it is too soon to draw back on forward guidance and quantitative easing, the European Central Bank's chief economist said.
Bonds: Gilts outperform Treasuries, ECB, France in spotlight too
These were the movements in some of the most widely-followed 10-year sovereign bond yields: US: 2. 35% (+5bp) UK: 1. 26% (+1bp) Germany: 0. 48% (+1bp) France: 0. 83% (+1bp) Spain: 1. 53% (-1bp) Italy: 2. 14% (-2bp) Portugal: 3. 01% (-2bp) Greece: 5. 40% (-3bp) Japan: 0. 09% (+0bp).