Commodities
Chicago PMI falls in June
Economic activity in the Chicago area unexpectedly deteriorated in June, according to data released on Wednesday.
Global economy facing $4trn loss as tourism slumps
The global economy could lose more than $4trn because of the damage Covid-19 has had on international tourism, a United Nations report has warned.
US private sector payrolls grow more quickly than expected in June
Hiring in America strengthened by more than expected in June, as services sector firms, especially in Leisure and Hospitality, added to their payrolls.
Putin says UK warship in Crimean waters wanted to test Russia's response
Russian President Vladimir Putin said on Wednesday that a British warship that entered its territory in Crimean waters “illegally” earlier in June did so in order to observe the Russian military's response.
Berenberg stands by UK, euro area GDP forecasts despite Delta variant
Rising rates of Covid-19 infections across the Continent due to the new Delta variant won't hit economic activity significantly, but the risks need to be carefully monitored, economists at Berenberg said.
Eurozone inflation nudges lower in June
Eurozone inflation eased to 1. 9% in June, official data published on Wednesday showed, in line with forecasts.
China's manufacturing sector softens in June
Economic growth in China eased in June, official data showed on Wednesday, as the country's manufacturing and services sectors both softened.
TUC accuses UK of making trade deals with countries abusing human rights
The Traders Union Congress accused the UK government on Wednesday of rushing into post-Brexit deals with countries that systematically violate or deny workers their rights.