European Stocks Rise With U.S. Futures; Yuan Falls: Markets Wrap

Federal Reserve 6 Other Central Banks Set Out Core Digital Currency Principles

China returns to work with a stock market surge

China +2.35%. The country has returned from an eight day Mid-Autumn festival with investors encouraged by a robust rebound in tourism and ebbing coronavirus cases.

"If capital is moving on relative growth rates, then China is looking quite attractive", said Chris Weston, head of research brokerage Pepperstone in Melbourne. The safe-haven Swiss franc was flat against the euro at 1.07630.

"The economic fallout of COVID-19 has accelerated the relative decline of the U.S.as the world's economic engine", said ANZ chief economist Richard Yetsenga.

The S&P 500 extended gains into a fourth day, while the NYSE FANG+ Index of megacap tech shares advanced about 2%.

Meanwhile, U.S. markets are also gearing up for the third-quarter earnings season, where the S&P 500 companies are expected to report 21% drop in earnings, according to Refinitiv data.

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Cette annonce tragique survient alors que Sophie Pétronin est arrivée vendredi en France, après sa libération jeudi au Mali . Sophie Pétronin , 75 ans, a été libérée cette semaine au Mali où elle avait été enlevée en décembre 2016.


JPMorgan, Citigroup and BlackRock report earnings on Tuesday; results from Wells Fargo, Bank of America and Goldman Sachs are due Wednesday; Morgan Stanley's earnings are scheduled for Thursday.

The yuan came under pressure in early Monday trade, dragging regional counterparts lower with it, after authorities made it easier to bet against the currency's gains.

The country's currency was also in focus, after the People's Bank of China announced rule changes that would effectively make it cheaper for traders to short the yuan.

After strengthening over the past few months, the offshore yuan has finally weakened more than 0.6% against the greenback, to 6.7332 against the dollar.

A recovering economy, a hefty yield premium in sovereign debt over Treasuries and the prospect of a USA presidential victory by Democrat nominee Joe Biden are all providing tailwinds for a currency that earlier this year was near its lowest level since 2008.

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Developed with machine learning, Sound Notifications uses your phone's microphone to identify and label different noises. It'll also give you tips like keeping your phone in the middle of the room if you want the sounds detected there.


"Markets may take this move as a signal the PBoC intends to slow CNY appreciation in the near term, though we note the accompanying statement included a vow to keep the exchange rate flexible, stabilize market expectations and maintain a "broadly stable" exchange rate", UBS strategists wrote in a note.

Technology conglomerate SoftBank Group was up 2.64%, while among the benchmark's other major components, automation specialist Fanuc was down 1.79% and fashion firm Fast Retailing was 0.1% weaker.

At 0743 GMT on Monday, the onshore yuan was down 0.3%.

Oil prices also slipped after a force majeure at Libya's largest oilfield lifted, a Norwegian strike affecting production ended and US producers began restoring output after Hurricane Delta.

Gold held steep Friday gains at $1,929 an ounce as investors stuck with bets that USA stimulus would eventually arrive and drive inflation to the benefit of bullion.

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It was almost after an hour of take off that the expectant mother started experiencing stomach pain and restlessness. Shailaja Vallabhani was fortunately on this flight! "Thank you God and entire @IndiGo6E crew".


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