Dollar holds near four-month highs, oil near multi-year top
SYDNEY (Reuters) - The dollar hovered near four-month highs on Tuesday on renewed optimism about global growth as the United States and China agreed to drop their tariff threats, while oil stayed at multi-year peaks over potential sanctions in Venezuela.
Wall St. rises on trade war truce; industrials lead
NEW YORK (Reuters) - U.S. stocks rose on Monday and gains in industrials helped propel the Dow to a more than two-month closing high, after a truce between the United States and China calmed fears that a trade war might be imminent.
Oil prices rise on worries over Venezuelan supply
SINGAPORE (Reuters) - Oil prices rose on Tuesday amid worries that Venezuela's crude output could drop further following a disputed presidential election in the country and with potential sanctions on the OPEC-member.
U.S. slaps heavy duties on Chinese steel shipped from Vietnam
WASHINGTON (Reuters) - The U.S. Commerce Department on Monday slapped steep import duties on steel products from Vietnam that originated in China after a final finding they evaded U.S. anti-dumping and anti-subsidy orders.
Trade war fears ebb as U.S., China agree to continue talks
BEIJING/WASHINGTON (Reuters) - Washington and Beijing both claimed victory on Monday as the world's two largest economies stepped back from the brink of a global trade war and agreed to hold further talks to boost U.S. exports to China.
German firms can't be totally shielded from U.S. Iran move: minister
BERLIN (Reuters) - The German government will help German firms with business in Iran where it can, but cannot entirely shield them from the U.S. decision to quit the Iran nuclear deal and reimpose sanctions against Tehran, the economy minister told a newspaper.
Trump signs congressional resolution overturning auto lending rule
WASHINGTON (Reuters) - U.S. President Donald Trump signed into a law a congressional resolution overhauling a rule issued by the Consumer Financial Protection Bureau (CFPB) that aimed to bar discrimination in auto lending, the White House said on Monday.
BOJ Kuroda says will take into account side effects of easy policy
TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank would take into account the side effects of its massive stimulus program in guiding monetary policy.
EU official sees trade deal with Mercosur toward year-end
BUENOS AIRES (Reuters) - The European Union and South America's Mercosur bloc could reach a trade agreement this year, the president of the European Council said on Monday, following tensions between the two regional blocs during negotiations last month.
Dollar hits five-month peak as U.S.-China trade tensions ebb
NEW YORK (Reuters) - The dollar advanced to a five-month high against a basket of currencies on Monday, as news of a truce between the United States and China on trade tariffs prompted investors to pare back short positions on the greenback.