A People’s Bank of China official raised the possibility of further relaxing the amount of reserves banks are required to hold but signaled that no aggressive monetary easing is in the pipeline.
Primark owner Associated British Foods said retail sales took a hit this summer from unfavorable weather, which led to lower demand for seasonal womenswear and footwear products.
Heavy government bond issuance in the eurozone on Thursday could put upward pressure on the back end of the curve, ING said ahead of Spanish and French auctions.
Harmony Gold Mining reported a higher net profit and strong revenue growth for the fiscal year, reflecting the company’s ability to capitalize on higher gold prices.
