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Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
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Micron beat analyst estimates on earnings and revenue for its fiscal third quarter of 2019.Technologyread more
Investors are piling into gold, sending the precious metal to a six-year high, and analysts think the commodity has established a base to go even higher.Marketsread more
Trump slams Iran on Twitter for issuing a "very ignorant and insulting statement" after the U.S. slapped fresh sanctions on Tehran.Politicsread more
South Africa's rand was weaker early on Monday, after the Business Day newspaper cited government sources as saying that Finance Minister Nhlanhla Nene had asked President Cyril Ramaphosa to sack him.
The rand was more than 1 percent weaker at 14.9200 per dollar at 0736 GMT.
Business Day said Nene requested Ramaphosa to relieve him of his duties after he admitted to visiting the home of the Gupta brothers, friends of scandal-plagued former leader Jacob Zuma.
Nene had been under pressure to resign after his testimony at a corruption inquiry last week.