Verified report from bloomberg.com
NewsMatic brief
Markets put the chance of increase at about 94%.
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Morrisons reported the biggest sales increase in more than a year as hot summer weather and World Cup football drew shoppers to the UK supermarket chain.
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US mortgage rates last week climbed to the highest level in more than a year, marking the latest setback for an already sluggish housing market.
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Romania’s officials in charge of debt management told investors the country will likely scale back its eurobond issuance plan for this year as it boosted borrowing on the domestic market, according to people familiar with the matter.
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The UK’s strategy to prop up its long maturity debt by selling less in the wake of the Liz Truss-era crash is failing to pay off.
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Traders are treating Romanian bonds as the European Union’s only junk-rated sovereign debt, with the country’s high yields luring investors despite a protracted political crisis in Bucharest.
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Oil retreated as traders assessed the extent of supply damages in the Middle East and whether a recent rally may have been overdone.
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