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Market News Headlines

FOREX-Trump comments cut the dollar's rally short

The dollar held below a one-year high on Friday as the latest comments from U.S. President Donald Trump spurred investors to take profits after a recent rally, while a weakening Chinese yuan capped risk appetite.

Investors buy big in bonds, flee gold in large numbers-BAML

Global investors ploughed $5 billion into bonds and withdrew money from gold and European equities in the past week, as fears of a trade war encourage investors to seek safety in fixed income, Bank of America Merrill Lynch (BAML) said on Friday.

UK PM May says her chief whip made honest mistake

British Prime Minister Theresa May said on Friday that her chief enforcer in parliament had made an honest mistake by breaking a so called pairing agreement at a crucial vote and that he and the party's chairman had apologised.

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U.S. attorneys summoned to court to account for separated families

Attorneys for the U.S. government were due in court on Friday to update a federal judge on efforts to reunite some 2,500 immigrant children separated from their parents at the U.S.-Mexico border as part of a crackdown on illegal immigration.