Treasuries retreated after the latest American inflation reading came in hotter than anticipated, while the dollar dropped for a second day and gold slipped. Nvidia Corp. and Apple Inc. anchored a rally in the tech sector.
Oil fluctuated as Tropical Storm Barry menaced American refineries and offshore crude production. While Gold may face some obstacles in the near term, bulls are unlikely to lose any sleep in the medium to longer term given how global growth concerns, ongoing trade developments and geopolitical tensions remain core market themes. Today, the president tweeted that China "is letting us down", which briefly weighed on advances in stock benchmarks.
A worrying lack of inflation globally is one reason investors are counting on Federal Reserve Chair Jerome Powell to sound suitably dovish when he testifies to Congress on Wednesday.
"Inflation appears to have stabilized and this will put a wrench in some Fed rate-cut bet forecasts", Edward Moya, senior market analyst at Oanda, wrote in a note.
Equities across the globe are likely to hold their breath as markets ponder whether Powell would confirm or downplay expectations for a potential U.S. rate cut this month.
The Stoxx Europe 600 Index headed for the first gain in five days, with energy companies leading the way as crude oil prices surged.
The Japanese yen traded at 108.95 against the US dollar after seeing levels below 108.5 earlier in the week In Hong Kong, the Hang Seng index recovered 88.41 points, or 0.3%, to 28,204.69.
The pound rebounded from more than two-year lows versus the dollar, as official data showed Britain's economy rebounded in May, with gross domestic product growth of 0.3% following GDP contraction of 0.4% in April.
The precious metal has made an effort to push back above the $1400 level but this was cut short by investors re-evaluating whether the Federal Reserve will cut interest rates this month.
Indian fans hurt by World Cup exit but proud of team
Boult and Henry shared five wickets while spinner Mitchell Santner claimed two in a tight display to snuff out India's hopes. No one wants to lose a game. "But the way they bowled in that first half an hour was the difference in the game", he said.
Sterling was last quoted at $1.2455 after skidding to a new six-month low of $1.2439 on Tuesday, with Brexit jitters and growing expectations of a Bank of England rate cut adding to the currency's weakness.
An early rally in USA stocks lost some steam after President Donald Trump tweeted a complaint that China is "letting us down" by not buying USA farm products. S&P 500 futures were little changed. The S&P 500 was up 3.68 points, or 0.12 percent, to 2,979.63.
The U.K.'s FTSE 100 Index fell 0.3%, its sixth consecutive decline.
The Bloomberg Dollar Spot Index dipped 0.1% to the lowest in a week.
The British pound stood at 1.2508, not removed from six-month lows of $1.2481 touched on Friday.
The dollar also gained to 108.92 yen, though the brighter French data helped the euro gain to $US1.1225, still down from its $US1.1412 level of just a couple of weeks ago.
The yield on 10-year Treasuries climbed three basis points to 2.09%, the highest in more than three weeks.
Money market futures are still fully pricing in a 25 basis point (bps) cut at the Fed's next policy meeting on 30-31 July, but have nearly priced out a larger 50 bps reduction.
But, many tech analysts claim that Apple's efforts to achieve notchless iPhones might be completed in 2021 and not in 2020. Earlier this week, Apple released an ad touting Face ID as a much better option than Touch ID.
The game also suffers from the same free-to-play monetization excesses that Nintendo has used in its other mobile titles. It offers multiplayer modes and social media connectivity, allowing players to play with their friends.
And we're guessing Prince Harry would not approve critics invoking his mother's name... "And I've never come across such secrecy". According to a source cited by People this week, "They are basking in the glow and enjoying each day".
The Texas billionaire will be remembered for challenging the US political system by running for president twice as an independent. After his unsuccessful lobbying efforts, Perot chose to run for president, launching historical changes in third party politics.
In addition to characterizing the current administration as "dysfunctional", Darroch said the USA president "radiates insecurity". After lashing out at Darroch in a series of tweets over the past two days, Trump had yet to weigh in on Darroch's departure.
Verizon's Call Filter service must also be activated before users can find out if a call is likely coming from a spammer. AT&T customers could soon be free of having to deal with annoying spam calls - or at least that's AT&T's plan.
The VW Beetle is undoubtedly an iconic, and historic vehicle , having been part of a never-realized Nazi prestige project. While the third-generation model wasn't very popular, Volkswagen sold almost five million Beetles in the United States .
Officers believe the man was working underneath the vehicle when it fell on him during the July 4 natural disaster . The USGS said the aftershocks will likely taper off, and the probability of another big quake will decrease.
It will continue to take images and readings while it remains around Ryugu but it is expected to head back to Earth next year. JAXA plans to send the spacecraft close to the asteroid again as early as next week to examine the landing site from above.
Iglesias is known for his romantic ballads and a prolific love life that has always been fodder for tabloid headlines. Three were born out of his marriage to Isabel Preysler and five with his wife Miranda Rijnsburger.
Kensli's post has been shared 11,000 times - with social media users finding the mix-up as amusing as she did. A seemingly-innocent request for a Disney-themed birthday cake has backfired spectacularly.
Train collision in Pakistan kills at least 16
At least 84 people were injured, with some in critical condition, according to physician Javed Ahmed. All passengers were provided with food and water and later deboarded from the train.
Man arrested after climbing Buckingham Palace gates
An intruder broke into the Royal Family HQ in central London at 2am while the Queen was asleep just metres away. Another source added: "Everyone knows the Queen was there because the Royal Standard was flying".
Kick away unequal U.S. Soccer team pay: Darcy cartoon
Joe Manchin introduced a bill Tuesday that would prevent federal funding from being used for the 2026 World Cup until the U.S. She says that if she sees Morgan in the parade she's going to "scream my head off and try to get a hug".
More than 20 killed in PNG tribal violence
Teens and pregnant women are among those murdered in a tribal bloodbath in Papua Recent Guinea's Highlands home. Hela provincial administrator William Bando told AFP on Wednesday that the death toll could rise.