US business activity cooled in July due to the drag from the services sector, the results of two closely-followed surveys revealed.
Economists at Barclays Research think longer-term US Treasury note yields will head back higher in the back half of 2021, although they also thought that financial markets were right in judging inflationary risks to be 'transitory'.
First time unemployment claims in the US bounced back unexpectedly during the previous week, pushed higher by the annual retooling of automakers.
Policymakers at the European Central Bank will keep its interest rates at their current low level until it sees inflation returning to its new target level "well ahead" of its projection horizon and in a "durable manner".
BHP was reportedly mulling how to extract itself from the oil and gas space while valuations were still supportive.
Shares of China's second-largest property developer by sales tumbled again on Tuesday after reports of an asset freeze.
US homebuilding activity bounced back last month but forward-looking indicators pointed to weakness ahead.
Analysts at Jefferies believe the so-called Delta variant may be less lethal, even if more transmissible, than earlier variants of the virus - although not everyone is onboard with that notion.
BHP said it was in "great shape" after the miner achieved record production at iron ore, coal, and copper and gold assets during the last financial year.
Analysts at Morgan Stanley reiterated their 'overweight' stance on shares of Royal Dutch Shell in anticipation of share buyback announcements and higher dividend payouts from the oil major.
Crude oil futures slid at the start of the week after the Organisation of Petroleum Exporting Countries ad its main allies clinched a deal at the weekend to increase their combined output.
Wall Street is now primed for the biggest 'correction' since the start of the current 'bull' market in March 2020, Marketwatch's Mark Hulbert wrote.
US retail sales surprised to the upside in June, driven by increased demand for electronics, gasoline and fashion.
Analysts at JP Morgan told clients they preferred shares of ITM Power over those of rival NEL ASA, arguing that the latter would be a relative winner among electrolyser original equipment manufacturers in the back half of 2021.
China's cybersecurity watchdog conducted an investigation of ride-hailing services app Didi's premises, sending the company's shares sharply lower before the start of trading in New York.
The cost of living in the Eurozone dipped last month as energy and services prices fell back.
The single currency bloc's trade surplus in goods with the rest of the world narrowed in May due to a decline in exports.
The Bank of Japan left monetary policy unchanged on Friday but downgraded its 2021 growth forecast.
Manufacturing activity in the New York jurisdiction improved more than expected in July, according to a survey released on Thursday.
Industrial output in the US grew more slowly than anticipated in June as a shortage of semiconductors kneecapped auto manufacturing.
Important Legal Notice about News Sources: Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news and we may not share the views of the author or publisher. We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.