U.S. stocks resumed pursuit of all-time highs, while the yen slipped as a deal by Congress to avert a government shutdown offset weaker economic data from China.
The intervention of the Central Bank of Nigeria (CBN) in the foreign exchange market will this week rise to $4.6 billion, with foreign exchange (forex) operators apprehensive over the new forex window for investors and exporters.
The US Congress has reached a deal to keep the government running until September. The initial agreement was only for one week, but politicians took the window seriously and reached a deal for a few more months.
Bitcoin is at another fresh all-time high. Early buying ran the cryptocurrency above the $1,400 mark for the first time ever, but it has since pared those gains. As of 7:17 a.m. ET it trades up 4.1%, or $54.55, at $1,370 a coin.
Next trading day's important events
- USDJPY: 111.53
- EURUSD: 1.0912
- S&P 500: 2386.82
- NASDAQ: 6069.67