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Oil prices edges lower; China stimulus, Trump repercussions in focusvictory
Oil prices slipped Thursday, continuing the previous session's weakness on the
back of a strong dollar and lower crude imports in China.
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Tesla's sporty, two-seater robotaxi design puzzles experts
Tesla's reveal of a robotaxi designed as a low-slung, two-seater, sporty coupe -
quite the opposite of a typical taxi with room for several passengers and
luggage - flummoxed investors and analysts.
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US stock futures drift with Q3 earnings, Fed speakers in spotlight
U.S. stock index futures drifted in muted trading Monday as investors hunkered
down as the third-quarter earnings season picks up this week, while several
Federal Reserve officials are scheduled to provide more cues on monetary
policy.
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Dollar remains supported ahead of Fed speakers; euro awaits ECB decision
The U.S. dollar edged higher Monday, holding on to recent gains as traders
digested more stimulus announcements from China ahead of comments from a number
of Federal Reserve officials.
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European stocks mixed; Chinese stimulus and ECB meeting in focus
European stock markets have started the new week in a cautious manner Monday, as
investors digested more talk of Chinese fiscal stimulus ahead of a rate-setting
meeting by the European Central Bank.
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Asia FX muted with focus on China stimulus; yuan weakens on soft inflation Ambar Warrick
Most Asian currencies moved little on Monday as traders digested middling cues
from China on its plans for fiscal stimulus, while the yuan softened following
weaker-than-expected inflation data.
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Gold prices muted; copper weakens as China stimulus underwhelms
Gold prices steadied in Asian trade on Monday as traders awaited more cues on
U.S. interest rates from a string of Federal Reserve speakers this week, while
bets on a November cut persisted.
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