Japanese stocks plunge for 3rd day in wake of interest rate rise

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Kamala Harris won the nomination to be the Democratic party presidential candidate on Friday and she has said she will pick her running mate for the White House by Wednesday.

Arizona senator Mark Kelly, Pennsylvania governor Josh Shapiro and Minnesota governor Tim Walz as the frontrunners.

Harris has so far enjoyed a fair wind, with her polling numbers approaching (but not yet decisively ahead of) Republican rival Donald Trump, according to the FT number crunchers.

The main economic post this week will be comparing the purchasing managers’ indices for services and construction between leading nations.

The earnings calendar is a smorgasbord of results, from media, insurance, banking and Japanese automotive brands to tech, telecoms and consumer goods companies.

Read more on The Week Ahead here.

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