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EU document: EU disciplinary procedure over Italy debt is warranted

Citing a preparatory document for the meeting of the EU government officials next week, Reuters reported that the EU saw the disciplinary procedure over Italy's debt as warranted. 

China's Xi: US is not interested in disconnecting with China

Additional comments from Chinese President Xi Jinping continue to cross the wires as he speaks to reporters in St. Petersburg, Russia. Key quotes Ther
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GBP/USD clings to gains near mid-1.27s, looks to snap 4-week losing streak

The GBP/USD pair gained traction in the second half of the day on Friday amid broad-based USD weakness and reached its highest level since May 21 at 1
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