Bank of England MPC member Dhingra said the labour market appears quite weak.

The People’s Bank of China disclosed an administrative penalty on China Guangfa Bank for 10 violations, including breaches of financial-statistics rules, account and clearing management, bankcard acquiring, data security, anti-counterfeit-currency controls, occupying fiscal deposits/funds, violations of credit-information rules, failure to perform customer ID checks and failure to report large transactions. The PBOC issued a warning, confiscated illegal proceeds of CNY16,200 and imposed a fine of CNY17,124,000, totaling about CNY17.14 million.

FAA Administrator Bedford said on Sunday an erroneous signal on a telecom line prompted the agency to switch to a backup fiber line before a system outage that affected thousands of flights.