By Jonathan Cable LONDON (Reuters) - Bumper July jobs data from the United States have again begun to stoke expectations of a September rate hike from the Federal Reserve, just when other major central banks around the globe are unleashing ever-looser policy. That slightly more positive tone may linger as a backdrop for the global economy in the coming week, with growth data due for the euro zone, Germany and Italy, along with key releases on inflation, industrial production and retail sales in China. New Zealand's central bank is also expected to join the easing brigade with a cut on Thursday. [NZ/POLL] In the past week, the Bank of England fired its first post-Brexit salvo - cutting Bank Rate to a new record low of 0.25 percent while also reigniting its asset purchase program - and hinted further easing was in the pipeline. Governor Mark Carney said he had unveiled an "exceptional package of measures" because the economic outlook had changed markedly following the June Brexit vote. The Bank expects the economy to stagnate for the rest of 2016 and suffer weak growth next year. Slow growth and virtually non-existent euro zone inflation will also force the European Central Bank to extend and expand the scope of its asset purchase program, a Reuters poll of economists showed last month. [ECILT/EU] Early indications suggest the bloc has so far largely shrugged off Britain's decision to quit the European Union but preliminary data due on August 12 are expected to show the rate of economic growth across the currency union halved to 0.3 percent in the second quarter. Germany will also publish its GDP numbers, likely to show a slowdown, but rising employment and wages should continue to support disposable income growth in the second half of the year. Italy probably maintained its slow and steady pace. "With the UK potentially on the brink of recession, the resilience in economic sentiment indicators on the other side of the English Channel in July is perhaps surprising," said Christian Schulz at Citi. ASIA The Bank of Japan disappointed markets last month by keeping bond purchases steady, defying expectations it would buy up more, and made traders even more nervous after announcing it would re-evaluate policies in September. Japan's economic growth is also expected to have slowed last quarter, weighed down by weak domestic demand and stagnant exports, a Reuters poll found on Friday. That would be a setback for Prime Minister Shinzo Abe who has said the top priority for his reshuffled cabinet is growing the economy and beating deflation. "The world's third-largest economy, continues to take center stage in global macroeconomic developments, partly due to the sense that it operates as a lodestar for the trajectory of both developed and emerging economies," said Richard Iley at BNP Paribas. The actual GDP data won't be published until August 14 but on Wednesday the Cabinet Office publishes June core machinery orders, a leading indicator of capital spending, which likely rose for the first time in three months. Three years of reflationary monetary, fiscal and reform policies dubbed "Abenomics" have done little to revive the economy, and financial markets are growing worried the BOJ is running out of ammunition. "To quash talk that its arsenal is empty, the Bank of Japan might decide at its September meeting to stop targeting the monetary base, which conflicts with the negative-rate policy," Iley said. Skittish global investors may be reassured by fairly steady growth expected in a flurry of Chinese data in coming weeks, but tepid demand, slowing investment and rising debt levels remain pressing concerns for the world's second-largest economy. Beijing will publish data on trade, consumer prices, industrial production and retail sales in the week With economic growth comfortably within the government's target range but credit growth near all-time highs, analysts have pared back calls for the first Chinese interest rate cut since October. "Although signs were growing that the People's Bank of China could introduce more stimulus to boost growth, recent comments suggest that the bank is sufficiently happy with the pace of growth to keep monetary policy "prudent" this year," said Oliver Kolodseike at IHS Markit. (Editing by Jeremy Gaunt)
- The Guardian
Republican candidate’s reference to his out-of-state home opens him to same attacks that dogged Mehmet Oz in Pennsylvania
Family Slams Florida Court’s Decision To Accept Plea Deal With No Jail Time For College Student Who Killed Couple, Chewed On Victim’s Face
A Florida judge accepted a former college student’s plea deal Monday for the random 2016 killing of a well-loved couple, allowing the now 25-year-old to plead guilty by reason of insanity and avoid jail time. Austin Harrouff — who was found by police chewing off one of the victim’s faces — will now be sent to a secure mental health facility until doctors and a judge determine that he is no longer a danger to society, according to Florida news station WPLG. Circuit Judge Sherwood Bauer made the d
- The State
Clarrissa Winchester died Nov. 9 when she was seven months pregnant. The baby died as well.
- LA Times
As his father drove from California toward Nevada, repeating prayers while wearing a football helmet, a 12-year-old boy made an emergency call from the passenger seat, telling dispatchers he was concerned about his safety.
A Buckingham Palace staff member has resigned after she reportedly asked a Black guest where she 'really came from' at an event
Ngozi Fulani said the unidentified palace staff member continuously asked her where she "really came from" even after saying she was born in the UK.
"My German Friends Couldn't Hide Their Disgust": People Are Sharing Things That Are Totally Normal To Americans That Are Actually Bizarre To The Rest Of The World
"It's honestly such a wild American concept."View Entire Post ›
- Fox News
Authorities have not identified a suspect in the murders of four college students, but some experts say detectives shouldn't discount the killer potentially being an "incel."
- Wolverines Wire
Some teams are still within striking distance.
- AZCentral | The Arizona Republic
Cochise County supervisors are holding out on certifying voters' election results, which would help Democrats, and Katie Hobbs is fighting them.
Leaders in Volusia County are looking into a mystery.
Suze Orman says, ‘We’re heading downhill very fast,’ unless employers start providing this lucrative benefit to their workers
Americans trying to save some cash for unforeseen expenses are up against a lot — months of red-hot inflation, wages that don’t keep up, the sheer difficulty of delayed gratification in a time when people spend billions of dollars online in one day. “It won’t happen, it has never happened and unless employers start to help employees do that, we’re heading, really, down hill very fast,” she said. The savings rate has not been helped by the end of pandemic-era government benefits.
- USA TODAY Sports - Golfweek
After Tiger Woods addressed the media Tuesday before his Hero World Challenge, Phil Mickelson took to Twitter to respond to comments.
Far-right agitator Milo Yiannopoulos said he planned the meeting “to show Trump the kind of talent that he’s missing out on."
Watch Biden rush back onstage to grab the microphone and tell a Michigan crowd that the US men's soccer team beat Iran
The president was in Bay City, Michigan, giving a speech about his economic plan when news of the US men's national team's victory arrived.
- Touchdown Wire
How bad have Russell Wilson and the Broncos been this season? They just got Patrick Mahomes and the Chiefs flexed out of prime time.
- Broncos Wire
The NFL has mercifully flexed the Broncos out of NBC's national spotlight in Week 14. Denver will host the Chiefs in the afternoon instead.
- Associated Press
A wealthy Connecticut woman whose criminal case file was sealed from public view was sentenced Tuesday to one year in jail for secretly recording three people, including a minor, in a manner involving sexual desire. Hadley Palmer, 54, of Greenwich, was led out of the state courtroom in Stamford in handcuffs by judicial marshals. Judge John Blawie, who sealed Palmer's case file earlier this year over objections by the The Associated Press, ordered that the file remain sealed Tuesday, keeping the specifics of the charges included in an arrest warrant shielded from public view.
- ProFootball Talk on NBC Sports
Maybe Aaron Rodgers should finish his career with the Seahawks. Seattle coach Pete Carroll has shown some 9/11 truther tendencies. So, apparently, has Rodgers. Appearing on The Breneman Show podcast, former Packers quarterback DeShone Kizer said that Rodgers asked Kizer whether he believes that 9/11 actually happened. “The first thing that comes out of Aaron [more]
The Utah senator responded to the former president's meeting with Kanye West and white supremacist Nick Fuentes.
Sen. Thom Tillis deflected blame from the former president, who hosted a notorious white supremacist for dinner at Mar-a-Lago.