The New York Times is reporting that U.S. President Donald Trump has told French President Emmanuel Macron that he will withdraw from the Iran nuclear deal.
"The United States is preparing to reinstate all sanctions it had waived as part of the nuclear accord — and impose additional economic penalties as well", a source familiar with the matter said to the NYT.
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EUR/USD keeps range near 1.0650 ahead of German IFO survey
EUR/USD is keeping its range play intact near 1.0650 in the early European hours on Monday. Markets stay risk-averse, weighing the Fed's 'higher-for-longer' rate view and lingering China's property market woes. Germany's IFO survey eyed.
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GBP/USD remains on the defensive below the mid-1.2200s early Monday. The US Dollar is clinging to the previous week's gains alongside firmer US Treasury bond yields while the Pound Sterling weighs the Fed-BoE policy divergence amid a quiet calendar.
Gold remains stuck below key averages, what’s next?
Gold price is easing toward $1,920, making it for a negative start to a key week ahead. The United States Dollar (USD) and the US Treasury bond yields have entered a phase of consolidation near last week’s high, as investors look to this week’s inflation data from the US and Europe for a fresh directional impetus.
Ethereum whales prepare ahead of futures Ethereum ETF approval on October 2
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