News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

Global Economy Week Ahead: Eurozone GDP and Inflation, U.S. Jobs

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This week, the eurozone will see inflation and gross domestic product figures, while the U.S. will learn more about the state of consumer spending and inflation in the June personal-income report. The week culminates with Friday's U.S. jobs report for July.

OPEC Has a Crippling Problem: Its Members Can't Stop Pumping

Eight months after a landmark deal to cut oil output to force prices up, big budget obligations are driving members to keep producing.

Japan Industrial Production Rises in June

Japanese industrial production rose 1.6% on month in June, the Ministry of Economy, Trade and Industry said Monday.

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U.S. Companies Post Profit Growth Not Seen in Six Years

America's largest companies are on pace to post two consecutive quarters of double-digit profit growth for the first time since 2011, helped by years of cost-cutting, a weaker dollar and stronger consumer spending.

Asset Managers: Spending Money to Make Money

Prominent asset managers fell back to earth last week as the fundamental challenges they face resurfaced.

Canada's Loonie Takes Flight

The Canadian dollar-known as the loonie for the bird on its single-dollar coin-is on a tear, and traders and investors are betting it will remain strong.

At Long Last, Europe's Banks Are Stabilizing

Europe's banks look to be stabilizing after several of the continent's largest lenders reported solid if uninspiring results, signaling the sector's grinding restructuring is starting to bear fruit.

Investors Eager to Hear Shale Companies' Plans for Rest of 2017

Some American oil producers may be pumping the brakes on new drilling, but as the leading shale players get set to report earnings this week, investors will be watching closely to see how much the industry is really slowing its ambitious plans for growth.

U.S. Economy Glides Back to Steady, Modest Growth Path

The U.S. entered the ninth year of economic expansion in steady but unspectacular fashion that shows little sign of abating.

North Korea Missile Test Could Put Denver in Range

North Korea test-fired an intercontinental ballistic missile more advanced than the one fired earlier this month, underscoring Pyongyang's rapid gains in technology and intensifying a standoff with Washington.

(END) Dow Jones Newswires

July 30, 2017 21:15 ET (01:15 GMT)