Commodities
A 'couple' of rate cuts consistent with price stability, Fed's Evans says
A top US central bank official said that two interest rate cuts would be consistent with the monetary authority's price stability mandate.
US final demand prices edge up in June but unchanged at the core level
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.
Don't believe everything you read about US-China trade, White House's Navarro says
A top White House official said at the end of the week that the trade talks between Washington and Beijing had entered a "quiet period" and not to believe reports in either country's press, dismissing them both as "garbage".
Euro area industrial production snaps back in June
Euro area industrial production snapped back in May with healthy rises in the output of both capital goods and consumer durables, but remained lower in annual terms.
China's Fosun to invest £750m in debt-ridden Thomas Cook
British travel firm Thomas Cook announced on Friday that it was in "advanced discussions" with Chinese conglomerate Fosun and multiple banks regarding a £750m capital injection and the break-up of the group.
Weak imports boost Chinese trade surplus in June
China's foreign trade surplus continued to increase last month as weak domestic demand weighed on the country's imports more than anticipated.
Ashmore's quarterly AuM grow by lower than expected $6.5bn in Q4
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.