French President Emmanuel Macron should not pick a fight with Germany, writes Dr Michael Ivanovitch. Instead, he should be focusing on the economy and expanding foreign markets for French goods and services.
Long-term U.S. debt yields made marked weekly climbs as warmer trade relations between Washington and Beijing and pressured bonds.
Stocks rose slightly as Wall Street capped off a week in which trade optimism sparked a massive rotation out of bonds and into equities.
The European Council officially nominated on Tuesday Christine Lagarde, managing director of the International Monetary Fund, to become the next president of the European Central Bank.
The 28 national leaders in the European Union will meet again on June 30 to seek agreement on who should inherit the bloc's top jobs.
There are a number of factors suggesting that the dollar may be at risk of surrendering its role as the world's reserve currency.
There is a still a concern that Britain may leave the European Union without a deal to smooth the way, the bloc's chief executive said on Saturday.
European Council President Donald Tusk told the U.K. not to waste the additional time that has been agreed on for the country to leave the European Union.
Once the U.S. and China have reached a trade deal, the world's largest economy will amplify tensions with the EU, according to the chief economist of the OECD.
Trade talks between the U.S. and the European Union, as well as possibel changes in the Europe-China relationship, also pose risks, says the chief executive of A.P. Moller-Maersk.
The dollar pared gains again the Japanese yen and extended losses against the euro after U.S. consumer prices showed that inflation remains low despite a tight labor market, bolstering the Federal Reserve's case for keeping interest rates on hold.
Gold edged higher on Tuesday, supported by a retreat in the dollar after an apparent breakthrough in Brexit negotiations between the European Union and Britain, although rallying equities capped bullion's gains.
The British prime minister has clinched changes to her Brexit deal in her bid to win last-minute support before Tuesday's vote.
There's a lot happening behind the scenes to ensure the U.S. and the European Union reach a trade deal, the Dutch prime minister told CNBC Monday.
The European Commission President wants to spend big on climate action.
Britain and Northern Ireland are set to leave the European union in less than 5 weeks.
Following a meeting in Brussels the EU maintain that the "Withdrawal Agreement" cannot be reopened for change.
Jean-Claude Juncker, the head of the European Commission, said the EU was ready to start negotiating a new deal with Britain right after the British parliament approves the divorce deal. A vote is now due in the week starting Jan. 14.
Theresa May needs 320 lawmakers to agree with her plan to leave the European Union.
Spain has asked for changes to the withdrawal treaty and the declaration on a new EU-UK relationship to make clear any decisions about the disputed British overseas territory of Gibraltar would only be taken in direct talks with Madrid.