Global shares extend run of record highs, dollar flexes muscle (news: 03/10/17)

Today's press

• Global shares extend run of record highs, dollar flexes muscle

  LONDON (Reuters) - World shares hit their latest in a run of record highs on Tuesday, while the dollar was at it strongest in 1-1/2 months as encouraging U.S. data lifted it in tandem with global bond yields.

• U.K. Construction PMI Slows to 13-Month Low in September

  Investing.com - The U.K. construction sector shrank for the first time in 13 months in September, underlining concerns over the economy and dimming the case for higher interest rates, industry data showed on Tuesday.

• Euro bounce deceptive as divergence trades bloom

  LONDON (Reuters) - The euro bounced from a six-week low on Tuesday as markets consolidated positions after a selloff, though investors grew cautious about the single currency’s outlook in the coming months on rising political uncertainty in Europe.

• Reserve Bank of Australia Holds At 1.50%, Signals Improved Economy

  Investing.com - The Reserve Bank of Australia (RBA) on Tuesday held its cash rate steady at a record low 1.50% as expected and signaled to markets that the economy continues to improve.

• Catalans Chase Police Out of Town as Spain Decries Mafia Tactics

  At least 500 Spanish police officers were driven out of their hotels by angry locals last night as Catalan separatists pushed back against state forces after the crackdown on their illegal vote for independence.