NEW YORK - Global equities markets dropped for a fourth day on Friday, with Wall Street again slumping as investors shrugged off economic data showing solid improvement in U.S. labour markets.
LONDON - Financial stocks underperformed as Britain's top equity index fell to a three-week low on Friday, while weak UK manufacturing data also weighed on the market.
NEW YORK - The U.S. dollar was on track for its biggest daily loss against a basket of major currencies in over three weeks on Friday after the U.S. government's July employment report showed no signs of wage inflation, supporting a continued dovish stance from the Federal Reserve.
SYDNEY - Activity in China's vast factory sector expanded at the fastest pace in 27 months in July, while industry surveys across Asia showed a pick up in export orders that hinted at a long-awaited revival in global trade.
LONDON - Sterling clawed back some ground against the dollar on Friday after U.S. data showed jobs growth slowing and unemployment rising in July, lessening the impetus for the Federal Reserve to raise interest rates any time soon.
- Israel looks for missing soldier; Hamas says he may have been killed |
- Campaign for an independent Scotland stalls before historic vote
- NATO must change to better repel Russian threat - Cameron
- Argentina debt talks must continue after default - U.S. Judge
- Experts recover human remains at Ukraine crash site despite new fighting
- Insight: Collateral damage - How Iran sanctions fears hurt humanitarian trade
- African leaders agree steps to fight runaway Ebola outbreak
- Britain's RBS places restrictions on lending in Russia
- India says WTO deal not dead, can sign in September if concerns addressed
- Iraqi foreign minister blames Maliki for Islamist insurgency