Iran is pushing boundaries amid rising tensions in the Gulf, but President Trump has so far not been "compelled" to retaliate militarily, analysts say.World Politicsread more
The deal could be announced as soon as next week, according to the report.Technologyread more
The deal between the White House and Democrats was earlier expected to raise the debt ceiling for two years and permanently end the sequester.Politicsread more
The U.K. will find out who its next prime minister will be on Tuesday.Europe Politicsread more
UBS announced a net profit of $1.4 billion for the second quarter of 2019.Earningsread more
Japan and South Korea are part of a complex and tightly linked supply chain that produces electronic goods such as smartphones and laptops.Technologyread more
Michael Kugelman from the U.S.-based Wilson Center says other issues take precedence in the bilateral dialogue between the United States and Pakistan — namely, Afghanistan and...Asia Politicsread more
Beijing says it can still meet its 2019 growth target of between 6% and 6.5% and continues to roll out stimulus measures to prop up activity. China set a 2019 industrial...China Economyread more
A different oil pricing dynamic has been evolving with new supply calculations based on the U.S. as the world's largest producer.Market Insiderread more
The Massachusetts senator's alarm-sounding on consumer debt neglects to measure it against the growth in the economy and the ability to pay.Economyread more
Stocks in Asia Pacific edged up on Tuesday, as investors await closely-watched central bank meetings in the coming days.Asia Marketsread more
The euro fell to fresh 11-year lows against the dollar on Friday following the European Central Bank's announcement on Thursday that it would pump a trillion euros into the euro zone economy to revive sagging growth and ward off deflation.
The euro lost over 2 percent against the greenback and fell below $1.12 to $1.1115 for the first time since September 2003 after the ECB unveiled a bond-buying program.
The euro also hit a 16-month trough against the yen at 130.91 yen on Friday.
After a similar tumble on Thursday, the euro was down over 7 percent since the start of the year and on track for its biggest monthly fall since the depths of the financial crisis in early 2009.
The euro is set for yet another trial as global markets await snap Greek elections on Sunday. A win for the leftist Syriza party could trigger a standoff with Greece's EU/IMF lenders. Analysts said the uncertainty added to the euro's weakness.
The euro also set a fresh seven-year low versus sterling of 74.295 pence.
The dollar appeared to be headed higher given the Federal Reserve's path toward tighter monetary policy in contrast with the looser policies of other central banks such as the ECB and the Bank of Japan, analysts said.
The dollar index, which measures the greenback against a basket of six other major currencies, hit fresh more than 11-year highs and was last up 0.68 percent at 94.717.
The dollar was last down 0.68 percent against the safe-haven yen at 117.7 yen, with analysts citing weakness in U.S. stocks and lingering disappointment that the Bank of Japan held off from expanding its bond-buying program.
The Swedish crown tumbled 1.2 percent against the dollar to an almost six-year low of 8.3697 crowns after a Riksbank official said the bank was technically ready to launch its own quantitative easing program if necessary.