One of the more closely-followed gauges of US manufacturing sector activity unexpectedly weakened again last month, amid indications of muted demand and with employment at its weakest since October 2009.
Private sector payrolls in the States increased at a slightly quicker than expected pace in July, the results of a closely-followed survey revealed.
Citigroup is planning on slashing hundreds of jobs at its global markets division, said Bloomberg.
A closely-followed lead indicator of activity in the US housing market jumped last month, a possible indication of firmer growth ahead.
US personal income and spending growth edged past forecasts in June, but price pressures were a tad more muted than anticipated by economists.
UK mortgage approvals rose past forecasts last month, alongside increasing consumer credit and a pick-up in the rate of growth of households' broad money holdings, pointing to continued economic growth ahead of the October Brexit deadline.
Stocks on the Continent were lower on Thursday although they managed to finish off their worst levels, with market sentiment dented by concerns around US-China trade talks and a slew of poor corporate updates out of the technology sector on both sides of the Atlantic.
A key index for manufacturing sector conditions in the US mid-Atlantic region snapped back in July amid a surge of new orders and with hiring ramping up quickly.
First time unemployment claims in the States rose a tad more than expected during the previous week but continued to point to still solid labour market conditions.
US housing starts were little changed last month although the details of the report were mixed.
A top International Monetary Fund official warned central banks that they should stand ready to help should economic growth slow even more rapidly.
Levels of industrial activity in the US were unchanged last month, despite a sharp jump in auto production, held back in part by a large in drop in utilities' output.
US retail sales volumes grew a tad more quickly than expected last month, boosted by sales of automobiles and food and beverage stores.
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
A top US central bank official said that two interest rate cuts would be consistent with the monetary authority's price stability mandate.
Wholesale price inflation in the States was a tad more muted than anticipated last month with core prices holding steady for a third consecutive month.
Standard&Poor's raised the outlook on oil major BP's long-term A- debt rating from 'neutral' to 'positive', labelling its operating performance "robust" and arguing it would allow the outfit to absorb the impact of its acquisition of some of BHP's assets "without material deterioration in credit metrics".
Bank Rate might be headed towards zero in case of a no-deal Brexit, a top Bank of England official said at the end of the week.
China's foreign trade surplus continued to increase last month as weak domestic demand weighed on the country's imports more than anticipated.
Global fund management group Ashmore saw its assets under management jump again during the fourth quarter of its trading year, albeit by less than expected by some analysts and with market performance accounting for a larger proportion of the improvement than anticipated.