Hedge funds sold more Brent
futures and options last week as concerns about the global
economy trumped the decision by the Organization of the
Petroleum Exporting Countries (OPEC) and its allies to extend
The European Central Bank's low
interest rate policy is causing problems for savers and thought
should be given to curbing its duration, Annegret
Kramp-Karrenbauer, leader of Germany's Christian Democrats (CDU)
said in a newspaper interview.
There would be a great deal of
reluctance among European Union leaders to grant Britain another
extension to negotiations to leave the bloc if a new prime
minister sought one, Irish premier Leo Varadkar said on Monday.
Iran must be persuaded to stick
to its commitments set by the 2015 nuclear deal, a spokesman for
the German Foreign Ministry said on Monday, after Tehran
announced it would boost its uranium enrichment above a cap set
by the accord.
Southeast Asian stock markets fell on
Monday, with Singapore shedding 1%, as strong U.S. jobs data for
June tempered hopes of sharp rate cuts by the U.S. Federal
U.S. government employment in June grew the most in 10
months, as overall non-farm payrolls increased by...