CHEQUERS, England (Reuters) – U.S. President Donald Trump said on Friday he looked forward to finalizing a post-Brexit trade deal with Britain, marking an abrupt change from a newspaper interview when he said Prime Minister Theresa May’s strategy would kill such an agreement.
BEIJING (Reuters) – China’s trade surplus with the United States swelled to a record in June as its overall exports grew at a solid pace, a result that could further inflame a bitter trade dispute with Washington.
WASHINGTON (Reuters) – U.S. import prices fell the most in more than two years in June as prices for petroleum products fell and a strong dollar weighed on the costs of other goods, pointing to benign import inflation pressures.
Investing.com – U.S. consumer sentiment was on the decline, hitting a six-month low, as tariff worries more than doubled, dampening optimism over the economy, according to a report published Friday.
A deputy governor of the Bank of England has cautioned against raising interest rates too fast, suggesting that a hike in August by the central bank is not a foregone conclusion.
The Deputy Governor, Economic Policy, Central Bank of Nigeria, Dr Joseph Nnanna, on Thursday blamed the inability of Deposit Money Banks to lend at single digit interest rate on the attractiveness of treasury bills, an instrument used by the government to borrow from the money market.
Next trading day’s important events
05:00 (GMT+3) CN – Gross Domestic Product (YoY) (Q2)
n/a (GMT+3) US – Trump – Putin meeting
15:30 (GMT+3) US – Retail Sales ex Autos (MoM) (Jun)
S&P 500: 2803.06
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