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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.
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".
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.
New homebuyer interest rose across the UK in June for the first time since November 2016, as a more stable trend began to emerge in the UK housing market.
US central bank chairman Jerome Powell signalled on Wednesday that the door was wide open to policy easing, telling lawmakers that there were increased risks bearing down on the US economy from overseas even as price pressures remained muted.
The European Commission has revised down its 2020 growth forecast for the Eurozone, blaming heightened global trade tensions and the threat of a no-deal Brexit.
Consumer price inflation in the people's Republic of China was steady in June, despite a sharp rise in pork prices in the wake of the wave of Africa swine fever.
The number of people who voluntary left their jobs decreased in May but nevertheless remained near record lows, reflecting still strong job market conditions, although hiring did slip.
