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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.
German investor sentiment deteriorated in July amid the ongoing trade spat between the US and China, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
Commodities were unwanted at the start of the week, led by a drop in energy futures as hurricane Barry moved inland from the Gulf of Mexico and amid GDP data in China showing that the economy slowed to a year-on-year pace of 6. 2% over the three months to June - its slowest clip since 1992 - after expanding by 6. 4% in the first quarter.
Factory sector activity in the New York area picked up a tad more quickly than expected in July, following a sharp drop during the previous month, according to the results of a closely-followed survey.
Chinese economic growth eased to its weakest pace in 27 years in the second quarter, according to data released by the country’s statistics bureau on Monday.
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.
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 snapped back in May with healthy rises in the output of both capital goods and consumer durables, but remained lower in annual terms.
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.
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.
