An annual gathering of central bankers in Wyoming and minutes from the latest policy meetings at the Federal Reserve and European Central Bank will give investors fresh insight into monetary policy, amid growing reservations about the health of the global economy.

Wall Street recovered some of its lost ground on Friday, but the gains were not enough to prevent US equities from posting their third consecutive weekly decline, underlining investor fears about the precariousness of the global economy.

Fitch Ratings has downgraded Argentina, citing concerns about the country’s capacity to repay its debt following a collapse in the peso triggered by the surprise victory of Peronist Alberto Fernández over incumbent president Mauricio Macri in recent primary elections.

The teeth straightening company SmileDirectClub said it plans to go public as an umbrella partnership corporation, or up-C, becoming the latest example of the organisational structure known for granting tax benefits to company insiders.

US consumer sentiment fell more than expected in August to its lowest level in seven months, data on Friday showed, as monetary and trade policies heightened uncertainty about their financial outlook.

Rashida Tlaib said Friday she would not travel to Israel despite a government reprieve allowing her a “humanitarian visit” to the West Bank, a day after the US congresswoman had been barred from visiting over her support for a group promoting anti-Israel boycotts.

The rate of US new home construction fell by the most in five months in July, led by apartments, despite lower mortgage rates, data on Friday showed.

A High Court judge in the UK has taken the unprecedented step of blocking the proposed transfer of £12bn of annuities from Prudential to Rothesay Life, raising questions about the potential for other big life insurance deals.

US tractor maker Deere & Co has cut its full-year earnings forecast for the second time in four months as the US-China trade war continues to hit American farmers.

Trade between eurozone member states contracted in June at the fastest pace in over six years, raising fears that the US-China trade dispute is starting to hit European exports.

Hong Kong’s economy grew at its slowest annual pace since the financial crisis in the second quarter, official data showed, as the Asian finance hub struggles amid simmering trade tensions and ongoing political turmoil. Worse could be yet to come. 

A software glitch on the London Stock Exchange caused a nearly two-hour delay to the start of trading on Friday, in the most serious malfunction for the LSE in eight years.

A rescue deal for British Steel is in sight after a Turkish investment group owned by the country’s military pension fund reached a provisional agreement for a takeover of the stricken company.

North Korea has fired two projectiles into the Sea of Japan and rejected calls for dialogue with Seoul, in a blow for South Korean president Moon Jae-in’s efforts to resume talks. 

Japan edged out China as the largest holder of US Treasuries in June, as optimism about the world’s biggest superpowers minting a trade deal began to fade.

Shares in US chipmaker Nvidia climbed 7 per cent in after-market trading on Thursday after quarterly numbers that showed a hoped-for rebound at the chipmaker was still on track, despite the latest economic and political uncertainties.

The European Central Bank has closed down another Latvian bank after ruling it had become insolvent, pulling the plug on a lender that was a vocal critic of the Baltic country’s financial authorities.

A sharp rally in government bonds set fresh records on Thursday, with the yield on 30-year US government bonds falling below 2 per cent for the first time as investors sought safety amid growing fears over the global economy and renewed trade tensions.

Cyber security group Cloudflare published plans on Thursday to list on the New York Stock Exchange, joining the raft of Silicon Valley initial public offerings just days after being embroiled in a debate over whether it should offer services to fringe internet forums.

Mexico’s central bank cut its benchmark interest rate for the first time in over five years, reducing the overnight rate from 8.25 per cent to 8 per cent.

Kaz Minerals cautioned on the short-term outlook for copper prices amid US-China tensions, sending its shares 15 per cent lower.

The UK’s data protection regulator has launched an investigation into the use of facial recognition technology in the King's Cross area of London, after the FT reported on Monday that property developer Argent has deployed the software across its 67-acre estate.

Hackers have embarrassed the European Central Bank by breaching one of its websites, installing malware on to the site and stealing the contact details of 481 subscribers to a statistical newsletter.

Finally, a good day for sterling.