LONDON (Reuters) - Oil markets were roiled on Monday after Tropical Storm Harvey wreaked havoc along the U.S. Gulf Coast over the weekend, crippling Houston and its port, and knocking out several refineries as well as some crude production.
British and German businesses are calling on EU negotiators to focus on the countries’ shared economic interests as the third round of Brexit negotiations starts in Brussels.
LONDON (Reuters) - An already weak dollar dropped to 16-month lows against a basket of major currencies on Monday, as flooding caused by Tropical Storm Harvey paralysed the United States’ fourth-biggest city and drove worries about a hit to the economy.
The National Bureau of Statistics says the inflation rate dropped from 16.1 per cent in June to 16.05 per cent in the month of July.
The highest-ranking official at Banco de Mexico has stated he believes the central bank is unlikely to classify bitcoin as a currency.
Next trading day's important events
- 16:00 (GMT 3) US - S&P/Case-Shiller Home Price Indices (YoY) (Jun)
- USDJPY: 109.27
- EURUSD: 1.1944
- S&P 500: 2444.54
- NASDAQ: 6280.02