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European shares rise, while Wall St futures slid
SINGAPORE/LONDON, March 17 (Reuters) - Oil hit two-week highs on Monday, while U.S. futures slid and those in Europe edged up, as investors braced for more of the policy bombshells that have created a sharp divergence between the performance of U.S. markets and those elsewhere.Reuters
Mon, Mar 17
China retail sales pick up as Beijing turns to consumers to ease US trade pressure
BEIJING, March 17 (Reuters) - China's retail sales growth quickened in January-February in a welcome sign for policymakers' efforts to boost domestic consumption even as joblessness rose and factory output eased, underscoring the strains on an economy facing fresh U.S. trade pressure.
Reuters
Mon, Mar 17
EUR/GBP holds steady above 0.8400, upside potential appears due to German Debt Agreement
EUR/GBP remains stable around 0.8410 during early European trading hours on Monday, following gains in the previous session. The cross's upside potential is bolstered by support for the Euro (EUR) after Germany reached a deal on debt reform and a substantial increase in state spending.
Fxstreet
Mon, Mar 17
Dollar hobbled by economic worries; yuan gains on stimulus
TOKYO, March 17 (Reuters) - The U.S. dollar hovered close to a five-month low against its major peers on Monday, pressured by President Donald Trump's erratic trade policies and a run of soft macroeconomic data.The euro stood not far from a five-month peak after German parties on Friday agreed on...
Trump administration deports Venezuelans despite court order, says judge has no authority
Trump administration deports more than 200 Venezuelans despite court orderLegal experts condemn move, one says it's 'beyond the pale'Trump administration denies defying judge, but says it doesn't have to follow his rulingBy Nathan Layne, Jack Queen and Helen Coster March 16 - The ...Reuters
Mon, Mar 17
Bearish sentiment among retail investors hits new milestone amid tariff worries
Investing.com -- The just-released American Association of Individual Investors (AAII) Sentiment Survey revealed a rise in pessimism among individual investors regarding the short-term outlook for stocks, while both optimism and neutral sentiment experienced declines. Bearish sentiment...
Investing.com
Mon, Mar 17
Telegram’s Pavel Durov Allowed To Temporarily Leave France Amid Lawsuit – Details
Pavel Durov, founder and CEO of social media app Telegram, has been allowed to leave France amid an ongoing court case with French authorities. The Russian-born billionaire has reportedly traveled to Dubai leaving the French territory for the first time since his indictment last year.Bitcoinist
Mon, Mar 17
How should the Fed respond to an economy in transition? Strategist answers
Investing.com -- The Federal Reserve faces a complex challenge as it navigates an economy in "transition," with markets increasingly pricing in a more dovish policy stance, according to Deutsche Bank (ETR:DBKGn) analysts in a note this week.Investing.com
Mon, Mar 17
Gold price sits near record high, continues to draw support from the global flight to safety
Gold price (XAU/USD) struggles to attract any meaningful buyers on Monday, though it remains close to the all-time top – levels beyond the $3,000 psychological mark touched on Friday. Against the backdrop of concerns about escalating trade tensions and a global trade war, geopolitical tensions...Fxstreet
Mon, Mar 17
China's property slump persists as stimulus struggles to stabilise sector
New home prices fall 0.1% after two months of stabilityResale prices also declineGovernment prioritises arresting market slideInitiatives include city-specific policiesBy Liangping Gao and Ryan Woo BEIJING, March 17 (Reuters) - China's property slump persisted in February, with official figur...Reuters
Mon, Mar 17
Japan's Nikkei rallies as Wall Street gains buoy battered sentiment
By Brigid Riley TOKYO, March 17 (Reuters) - Japan's Nikkei share average rallied amid widespread gains on Monday as investor sentiment got a boost from a sharp rise in U.S. stocks at the end of last week. The Nikkei .N225 rose 1.1% to 37,475.24 as of the midday break, touching its highest int...Reuters
Mon, Mar 17
