Market News Today 2019-02-12
2019-2-12 21:09 | By : Mex Group News
- The U.S. dollar added to its recent winning streak, strengthening against rivals across the board, despite the chance of the renewed partial government shutdown looming in the background.
- British Prime Minister Theresa May has again rejected calls for the UK to remain in a customs union with the European Union after the country leaves the bloc.
- The U.S. Democratic and Republican negotiators are meeting to try to reach a deal on border security and avoid another government shutdown.
- Signs are emerging that a two-year hiring burst that cut Australian unemployment by almost a percentage point is starting to cool.
- Gold prices fell back on Monday as investors turned again to the relative safety of the dollar amid the drag in U.S.-China trade negotiations.
- The United States sailed two warships close to disputed islands in the South China Sea on Monday, a move that is bound to draw the ire of Beijing.
- Oil declined Monday, with energy demand concerns, signs of rising U.S. oil production and a stronger dollar pressuring prices, which had also suffered a drop last week.
- Wall Street ended Monday mixed as uncertainty on a U.S.-China trade deal and concerns a second government shutdown looms weighed on sentiment.