International News
Europe close: Stocks rise as bond yields ease but analysts cautious
European shares recouped some of the previous day's losses on Wednesday, although recession talk continued to make the rounds, prompting caution on the part of analysts.
US open: Stocks little changed ahead of Fed minutes
Investors on Wall Street were in a skittish mood at the start of trading as a better-than-expected reading for a key survey of services sector activity nudged longer-term government bond yields higher.
US services sector acitivity slows less than expected in June, ISM says
Activity in America's services sector slowed by less than expected last month, the results of a key survey revealed.
'Technically speaking' it's highly unlikely US is already in a recession, BofA says
It was "highly unlikely", technically speaking, that the US economy was in a recession, Bank of America Securities said, although there were some caveats.
CMA launches probe into Microsoft’s acquisition of Activision Blizzard
The UK’s Competition and Markets Authority said on Wednesday that it was launching an investigation into Microsoft’s $69bn acquisition of Activision Blizzard.
European Commission raids online food delivery cos amid cartel concerns
The European Commission said on Wednesday that it had carried out unannounced inspections at the premises of online food and grocery delivery companies in two member states.
Bitcoin´s determined to consolidate at $20,000 as JP Morgan anticipates the end of cryptowinter
The cryptocurrency market recovers $900 billion global capitalization on Wednesday, during the heat of Bitcoin (BTC) and Ethereum (ETH), as they cut Tuesday´s losses and tried to consolidate at $20,000 and $1,100, respectively. Digital assets left a day of high volatility on July 5th, with rises as high as 6% for BTC and 10% for ETH, but which ended up being diluted to the point where the main cryptos turned around and moved into declines.
Eurozone construction PMI falls further in June
Activity in the eurozone construction sector fell further in June, according to a survey released on Wednesday.
Euro area retail sales miss forecasts in May
Retail sales volumes in the single-currency bloc undershot economists' forecasts in May.
US pre-open: Futures pointing slightly lower ahead of services PMI, Fed minutes
Futures are pointing to a dip in stocks at the opening bell on Wall Street as investors wait for the release of a reading on a key survey on retail sector activity for the month of June.
Asia report: Shares lower as recession fears persist
Asian shares were lower on Wednesday as driven by persistent fears of a global recession.
German factory orders unexpectedly rise in May
German factory orders unexpectedly rose in May, according to figures released on Wednesday by Destatis.