Today's press
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Italian concerns knock stocks, euro off early highs
LONDON (Reuters) - European stocks gave up early gains and bond yields recovered from lows as early elections loomed in Italy after the anti-establishment 5-Star and League parties abandoned plans to form a government.
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China rejects U.S. charge of 'forced technology transfer' at WTO
GENEVA (Reuters) - China told the World Trade Organization’s dispute settlement body on Monday that U.S. accusations that Beijing forced companies to hand over technology as a cost of doing business in China were groundless.
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Oil extends losses as OPEC and Russia look to raise output
LONDON (Reuters) - Oil prices extended losses on Monday as Saudi Arabia and Russia said they may increase supplies while U.S. production gains show no signs of slowing.
Next trading day's important events
- 04:10 (GMT 3) NZ - RBNZ Governor Orr Speech
- 10:00 (GMT 3) DE - Harmonized Index of Consumer Prices (YoY) (May)
- 15:30 (GMT 3) US - Core Personal Consumption Expenditures (QoQ) (Q1)
- 17:00 (GMT 3) CA - BoC Interest Rate Decision
Forex quotes:
- USDJPY: 109.30
- EURUSD: 1.1625
Indices:
- S&P 500: 2721.33
- NASDAQ: 7433.85