The dollar extended gains in Asian trade Tuesday as investors swung their attention to expectations of another U.S. interest rate hike next month, but equities struggled under the weight of profit-taking following the previous day's rally.
European stock markets fell Monday and the euro dropped from a six-month dollar high as investors looked beyond Emmanuel Macron's French presidential victory to bet on whether he will be able to push through economic reforms.
Renewed jitters over the prospects of slower growth in the world's two largest economies -- the United States and China -- saw oil prices dive, markets sputter and commodities take a hit.
European stock markets rose Thursday as investors assessed the outlook for U.S. interest rates following a meeting of the Federal Reserve.
Stock markets dropped on Wednesday, with investors looking ahead to the outcome of the Federal Reserve's latest interest-rate meeting.
The International Monetary Fund (IMF) said on Tuesday oil exporting countries in the Middle East continue to have the world's largest energy subsidy bill and that additional reforms are still needed to curb government spending.
Most European and Asian markets advanced Tuesday as investors returned from a long holiday weekend, with eyes now on a Federal Reserve meeting and the release of U.S. jobs data later in the week.
Donald Trump's plans to slash corporate taxes in the United States have sparked concerns of a new global fiscal race to the bottom, possibly involving a wave of negative social consequences, experts say.
Hon Hai Chairman Terry Gou was seen exiting the White House Thursday after a reported meeting with U.S. President Donald Trump.
Asian markets mostly rebounded Thursday as the U.S. said it would renegotiate its free-trade deal with Canada and Mexico, dampening fears of a trade war after reports said President Donald Trump was considering leaving the pact.